First, close part of the position, and it's not too late to stabilize at the bottom.
青云梦
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$ETH Dealer, pulling back 29, should I cut myself? I can't go on living. I thought about coming to earn 20u for a meal, but as soon as I entered, I was caught and dealt with. I've been sick for five years and still haven't recovered. I eat one steamed bun a day, and this little bit of u was collected from picking up bottles for three months. If it explodes, I can only find a nearby bridge. I've heard drowning is the worst feeling, but there's no way out. I can't afford sleeping pills, and I don't have the strength to climb up to jump off because I'm so hungry. Please don't explode on me, can you pull it back? If it goes down any further, it will really explode. Pull it back to 29 and let me cut before it goes down further.
$APT Regarding the recent poor performance of Aptos's price, I seriously researched the materials and found that the trading methods of Aptos are almost equivalent to those of pyramid scheme coins. First, there is the publicity of a well-known team that comes out with big financing, leading to an overvaluation of the coin price upon listing. The market capitalization here refers to the market value of the unlocked coins; the total market capitalization of all coins in the cryptocurrency space is similarly calculated. In early February 2023, the market capitalization was approximately $2.765 billion, and at that time the coin price was over $14. By the end of March 2024, the peak market capitalization reached around $6.872 billion, and that was when Aptos's peak price was over $20 per coin! On December 9, 2024, the market capitalization peaked at $7.791 billion, at which point the coin price instead dropped to around $15. Regarding the overall market's assessment that Aptos was overvalued upon its launch, the average price at that time was around $1.7 billion, approximately $7-8, which is comparable to the current price of $2.2, reflecting the same market capitalization. Isn’t it shocking to see this? You read that correctly, every month 133.38 thousand Aptos coins are unlocked, plus an annual 7% inflation of the total supply, meaning the market has to bear over 9 million Aptos coins unlocked each year, with the double inflation suppressing the coin price, and the foundation's zero-cost operations in contrast to the subsequent investors' cost of $0.15, leading to a situation where every unlocking results in a sell-off. Approximately 100 million Aptos coins are released each year, and in the following years, the 7% inflation data will continue to increase this unlocked quantity, almost at zero cost, even in the face of the current selling price of $2.2, resulting in several times the profit. Achieving this goal requires only a few years of investment; no wonder Aptos is referred to as a coin that even dogs won't touch by insiders in the cryptocurrency space. I too am deeply trapped in this. If the Aptos Foundation wants to solve this issue, the first step is to raise the market capitalization to over $10 billion, surpassing the historical high. This goal compared to the current coin price and unlocking requires at least a fivefold increase in price to break through 😣 This is something that can only be achieved in a bull market in the next three to five years, so holders of Aptos should be cautious! Stay away from this kind of chronic scam coin; it is continuously siphoning off our value from our wallets every year, every month, and every day, and long-term holding will inevitably lead to losses.