The cryptocurrency market never gives you a heads up.
You think you've experienced a big drop? That's just the beginning.
Some market movements are not just declines, but devour people.
I once saw a young guy holding a popular coin, watching it drop more than twenty points before going to bed, and he said, "It's not a big deal, just a pullback."
The next day, the price broke through three support levels, and his account felt like it had been drained, leaving only single digits. He was stunned, standing on the balcony in a daze for half an hour, not knowing whom to blame.
The difficulty in the crypto world lies not in understanding candlesticks, but in its relentless nature.
Constant fluctuations. No protection. No buffer.
You fall asleep, and it keeps running. You hesitate, and it has already completed a wave.
Many people are scared for the first time and share the same experience:
Thinking "it should bounce back now," only to see it drop further.
Thinking "it has already hit the floor," only to find there's a basement below.
The more you average down, the more you're trapped, and the more you panic.
I've seen someone lose a year's savings in three days, just because they couldn't endure a few candlesticks.
The crypto world is different from traditional markets; its peculiarities are all written in these few lines:
Continuous trading.
No upper limit, and no lower limit.
Anyone can enter, and anyone can lose everything.
Leverage is everywhere, and one fluctuation is enough to knock you out.
Shanzhai rises tenfold in five minutes, only to shatter into pieces the next second.
What’s most frightening is that these events often occur simultaneously. A flash crash can sweep away tens of thousands of people at once. You don’t need to be wrong by much; just be half a second slow, and you’re out.
Uncle Nan just wants to say: Don't underestimate risk.
You might think that five times leverage isn't too high, but once the market fluctuates by twenty or thirty points, you won’t even have time to struggle.
Many people aren’t wrong in direction; they just get sent out early.
The crypto world offers opportunities every day.
But it also prepares pitfalls every day.
If you want to survive here, remember one thing: think carefully about every trade, especially the one before sleeping.
Surviving is the most difficult and the most important thing in this circle.
True experts never show off; they rely on discipline and execution. Follow me, and let's flip the account, reap profits, and recover together in this market cycle. Slow is fast; living longer allows you to laugh last.
