To be honest, I really want to congratulate the newcomers who just entered the circle this year—— 1⃣ In May, they entered the circle and encountered the best Alpha period, where they could easily make money with not much barrier, completing their first wealth accumulation; 2⃣ Then they also caught the good times of exchange wealth management and new listings, allowing them to start looking for other low-risk ways to make money; 3⃣ In August and September, it was again a time to earn passively, buying anything would make a profit, and trading confidence was built up like this; 4⃣ During the National Day holiday, they experienced the madness of MEME, realizing how much of a beneficial effect the market can produce under ample liquidity and extreme FOMO; 5⃣ Today there was a big drop, experiencing for the first time the feelings of 312 and 519, what it feels like to see half of your money gone in your wallet, what it feels like to get liquidated with 1x leverage, and what it feels like to see the spot you bought at the bottom drop another 50%? Well, remember that feeling, that's the feeling you want. Actually, it's quite good—— In half a year, they have almost completed a four-year cycle that old investors have gone through, and compared to those who have experienced two rounds of bull and bear markets and still suffered heavy losses, they have already paid much less tuition! Playing for half a year is much better than playing for four years without gain. Having gone through this, newcomers should be able to wake up from the confusion of continuous profits and initially feel the cruelty of the crypto world: The bear market is a time to accumulate chips, while the bull market is actually easier to lose money. Nothing is too big to fail; you always need to be responsible for your own positions. No matter what black swan event happens, being able to stay at the table is the real win! And congratulations to you, at least you know what you want and what you can really do.
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