I believe that this decline is a normal phenomenon. Regardless of the reason or situation, it falls within the normal range of declines. Even this time, the stablecoin XUSD's collapse and the hacking incident had a lot of sell orders, but it clearly didn't cause as much panic as the USDE collapse on October 11. Releasing emotions and pressure is part of the normal market behavior; it just depends on individual tolerance. Many people have asked me if they can gradually go long and build positions without incurring losses. Basically, I know that these people are beginners who have just started in the crypto space and have not experienced the trials of a bear market. They are a bit confused coming directly into a bull market. So, many people suffer from misfortune in this space.
Let's talk about contracts again. The market is unified, whether it's a bullish or bearish market, it's all the same. To make a profit, you must first learn how to incur losses. Understanding why you incur losses already puts you ahead of many people. Many people have sought my advice offline, and everyone is a retail investor. You should choose the path you believe in; regardless of profit or loss, your experience will come through. Just learn a bit more casually; if you operate fewer trades in a week, isn’t it very simple? Don't overthink the market; the simplest methods are the most effective.
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First, let me share my personal opinion.
I believe that this decline is a normal phenomenon. Regardless of the reason or situation, it falls within the normal range of declines. Even this time, the stablecoin XUSD's collapse and the hacking incident had a lot of sell orders, but it clearly didn't cause as much panic as the USDE collapse on October 11. Releasing emotions and pressure is part of the normal market behavior; it just depends on individual tolerance. Many people have asked me if they can gradually go long and build positions without incurring losses. Basically, I know that these people are beginners who have just started in the crypto space and have not experienced the trials of a bear market. They are a bit confused coming directly into a bull market. So, many people suffer from misfortune in this space.
Let's talk about contracts again. The market is unified, whether it's a bullish or bearish market, it's all the same. To make a profit, you must first learn how to incur losses. Understanding why you incur losses already puts you ahead of many people.
Many people have sought my advice offline, and everyone is a retail investor. You should choose the path you believe in; regardless of profit or loss, your experience will come through. Just learn a bit more casually; if you operate fewer trades in a week, isn’t it very simple? Don't overthink the market; the simplest methods are the most effective.
Everyone can pay attention. Thank you all.
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