The trading rules that have been upheld for many years have been shattered, and the heart of the Dao has been destroyed.
This morning I woke up to see dozens of emails. I felt dazed and indeed lost a lot of money, but it's not enough to cause serious harm. The long-standing Bitcoin spot can still barely maintain my dignity in the industry. The most frustrating thing is that the trading strategy I have strictly adhered to for so many years has gone wrong. I took several months of low-leverage long positions in altcoins, and now there are none left after the explosion. The strategies I have mentioned multiple times in public, such as "buying in gradually at relatively low levels, increasing leverage when market enthusiasm comes, and maintaining a safe liquidation price," now seem like a joke. Coming from a grassroots background, I became wealthy at a young age through the cryptocurrency world, and I owe everything I have today to it. For the first time, I have the desire for regulation. Is this chaotic path really the direction I want to firmly pursue? Since my strategy of continuously staying off the table has completely failed today, will my long-term hold strategy for BTC also fail one day in the future due to unforeseen circumstances? Where exactly is the path?
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The trading rules that have been upheld for many years have been shattered, and the heart of the Dao has been destroyed.
This morning I woke up to see dozens of emails. I felt dazed and indeed lost a lot of money, but it's not enough to cause serious harm. The long-standing Bitcoin spot can still barely maintain my dignity in the industry.
The most frustrating thing is that the trading strategy I have strictly adhered to for so many years has gone wrong. I took several months of low-leverage long positions in altcoins, and now there are none left after the explosion. The strategies I have mentioned multiple times in public, such as "buying in gradually at relatively low levels, increasing leverage when market enthusiasm comes, and maintaining a safe liquidation price," now seem like a joke.
Coming from a grassroots background, I became wealthy at a young age through the cryptocurrency world, and I owe everything I have today to it. For the first time, I have the desire for regulation. Is this chaotic path really the direction I want to firmly pursue? Since my strategy of continuously staying off the table has completely failed today, will my long-term hold strategy for BTC also fail one day in the future due to unforeseen circumstances? Where exactly is the path?