You must remember that 99.99% of cryptocurrencies will eventually become worthless. If everything you currently have cannot support you holding on to diamond hands, you must reduce your illusions, maintain trading discipline, and improve your trading skills. As long as you're alive, there's hope. Happy New Year to everyone🎆
The most common paths to sudden wealth in the real world are almost all surviving examples of this formula: extremely asymmetric opportunities × extreme execution × luck/opportunity 1. Pure luck type (lowest probability but most dazzling): lottery/air coin hitting 10x at launch/Polymarket 16 consecutive wins/demolition payout of 8 houses Formula: zero cognition × very low-cost all-in × extremely low probability events 2. Dividend window type (most common in the past 20 years)
For retail investors, when you feel an intense urge to buy the dip, it is often during a period of market panic when a true bottom has not yet been reached. Never rush to act. When you start to strongly want to exit, liquidate your holdings, or even become completely disappointed with the market, that is often the real signal that the bottom is near and it may be a good time to take a contrarian position. Currently, there are no clear structural signs of a market bottom!
Youth, seize the opportunity and give it one more shot! Win and you'll be dressed sharply; lose and at worst, you'll return to those three thatched houses! Live as if you're dying—
Gold, as a defensive asset, has entered a new upward trend~ However, the crypto market remains sluggish. The current question is no longer whether it will worsen, but to what extent it will decline. No one can make a definitive judgment; at this stage, the best we can do is keep the downside risk within an acceptable range.
Gold and silver experienced a sharp correction, and Bitcoin also plummeted, with liquidity under comprehensive pressure... Bitcoin, or rather the entire crypto market, is a thermometer of liquidity. Last Friday, another bank collapsed. To be honest, nothing that happened today is surprising at all.
To be honest, I think Binance, as the industry leader, is bound to attract attention. It's understandable that system lag occurs during black swan events. Binance has also been quietly protecting the community, supporting Binance, and I continue to be optimistic about their product iterations and user protection measures. However, the compensation plan could be more transparent.