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I have a friend who made 200k last year investing in gold, but in the past day or two they've had an unrealized loss of 150k.
On Monday when the market opens, there will likely be a gap down, and the 200k gains might be completely wiped out. What should my friend do when the market opens on Monday?
Of course, that person isn't me......
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**Regarding the situation:** This is a challenging position. Here are some considerations:
1. **Assess the fundamentals** - Has the underlying reason for the gold investment changed? Or is this just short-term volatility?
2. **Avoid panic selling** - Selling
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I twisted my ankle playing basketball yesterday, and it's pretty serious.
I actually heard the sound of ligament tearing when I twisted it.
I'm usually very careful when playing basketball.
The last time I twisted my left foot.
This time I twisted my right foot—apparently ankle sprains need to be symmetrical.
It's been about 30 hours since I twisted my ankle.
During that time I've iced it six or seven times, and I kept my foot elevated while sleeping yesterday.
It's still swollen like a loaf of bread.
The severity is about the same as last time.
I feel like it'll take at least half a year to r
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# Recent Insights from Suning CEO Zhang Jindong's Journey from Billionaire to Zero Personal Assets:
1. **Scale is not a moat; cash flow is king**
Suning at its peak had stores everywhere with revenue exceeding 250 billion yuan, yet was killed by high leverage in an era when cash is king. Many assume "getting bigger means weathering risks," but the larger the scale, the larger the damage radius when the cash chain breaks. Remember: even the largest empire can vanish into thin air within three months without cash.
2. **Diversification is not a panacea; focus is the real moat**
Suning diver
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# High Leverage Trend Trading Is Slow Suicide
In the high-leverage futures market, I've upheld one rule forged through countless liquidations: only trade ranges, never trade trends. Over a decade-plus trading career, attempting to catch trends has nearly exhausted all my chips, repeatedly pushing me to the brink of ruin.
Trend theory itself isn't flawed—what's flawed is its application scenario and the trader using it. But in the high-leverage futures world, it's often a fatal trap. There are three reasons:
**First, leverage and stop-loss are the natural enemies of trends.**
In futures trading
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Gate.io (Gate Open) is an established exchange in the crypto world, with its biggest feature being an extremely comprehensive range of coins and very fast listing of new tokens.
If you want to find potential small-cap coins that haven't yet been listed on major exchanges, this is usually the first choice. It functions like a large digital asset supermarket, supporting thousands of tokens.
Its core feature is Startup (initial coin offerings): as long as you hold platform tokens or reach a certain level, you can receive free airdrops of new projects. Additionally, it performs well in security an
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Attention Creators! The Gate Square Creator Leaderboard Activity has officially launched today (March 19th)! Whether you're a seasoned market analyst or a deep-dive research expert, now is the perfect time to turn your talent into earnings.
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- Content is King: 6 in-depth long-form articles each earn 50 US
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This is my first time posting here, let's discuss how to find our own wealth coin.
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