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Don't remind me again today

Last weekend, while drinking, Old Chen suddenly reddened his eyes with his cup in hand: "8000U, brother, just like that it’s gone."



It was not a contract liquidation, nor was it a phishing scam. It was him, seeing a certain altcoin drop from 2U to 1U, in a moment of impulse thinking "If it has been cut in half, how much lower can it go?" He secretly went all in without telling anyone.

The day after buying? The coin price continues to plummet, from 1U straight down to 0.2U. His account shrank from 8000U to 1600U, and he stared at the K-line in a daze until three in the morning.

That night he finally understood: the most ruthless aspect of a bear market is not the crash itself, but the illusion that makes you think "this time it really is the end."

Too many people fall into this trap: when they see a major drop, they think they are getting a bargain; when they see a small rebound, they shout that a bull market has arrived; when they see several days of decline, they are convinced that it should rise. But the market never moves according to your imagination, and the bear market's pit is deep enough to make you question your life.

I have been in this industry for a few years and have witnessed countless tragedies of "buying the dip and losing everything." Now, I will share a few old sayings that could be life-saving:

**A 50% drop does not mean safety.** Many coins can drop 80% from their peak and then drop another 80%. Using the drop percentage to determine the bottom is just handing money to the market makers as tuition.

**A small bullish candle does not equal a major reversal.** In a bear market, occasionally a bullish candle appears, and the whole network starts shouting "the bull is back," only for the next day to hit a new low. That bullish candle is just the last bait from the market makers.

**Don't get itchy hands after clearing out.** Hedging is not about admitting defeat, it's about leaving a way out for yourself. Those who really know how to play will lie flat and watch the show during a bear market, and only start harvesting in a bull market.

Old Chen understands now: the most profitable operation in a bear market is actually to do nothing. If you don’t take action, no one can cut you. If you don’t panic, you can wait for the real signal to take off.

Bear markets are never short of traps, and bull markets are never short of opportunities. Be less impulsive and more patient; only when the market actively calls you to get on board that day, will you truly be ready. #加密市场回调 $SOL $ETH
SOL-0.22%
XRP0.67%
ETH0.96%
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CexIsBadvip
· 11-20 23:34
Old Chen's move is really a textbook example of a negative case, holding a Full Position in alts is ridiculous. In a Bear Market, wanting to buy the dip, how hot-headed do you have to be? Seriously, trying to buy the dip while watching the fall is just giving away money, I've stepped into this pit before too. Lying flat and watching the show is the right way, stop messing around. Just one Bullish line and you're in a frenzy, the next day it crashes again, I've seen this too many times. Once you close all positions, don't get itchy hands; you need to hold back to survive to the next cycle.
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0xInsomniavip
· 11-20 23:00
Old Chen's move is truly a textbook example of a negative case; I can't imagine going Full Position in alts... But then again, who hasn't been hit hard by a Bear Market? The key is how to survive and climb out.
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ChainWallflowervip
· 11-20 23:00
Old Chen's move is truly a textbook example of a reverse case. 50% Slump and still daring to go Full Position? I think this is just a gambler's mentality.
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fomo_fightervip
· 11-20 22:57
Old Chen's move is a classic case of "buying the dip until you're broke"; alts can really mess up your money. --- I've seen this kind of thing too, rushing in after a 50% slump, only to find it could drop another ten times; that's the harshest part of a Bear Market. --- To be honest, lying flat is the way to go; don't fidget unnecessarily. The market shouting for you to enter a position is the real opportunity. --- That bullish line is indeed bait; the next day it crashes even harder; I've seen too many plays like this. --- Closing all positions to avoid risk is not giving up; rather, it's leaving yourself a way out; too many people get it wrong.
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PhantomMinervip
· 11-20 22:38
Old Chen has really lost deeply this time. To be honest, altcoins are like this; just when you think it's safe, they can still drop by 10%. --- 50% Slump after 50% Slump, I've seen this a lot. Many people fall into the "bottom thinking" trap. --- Lying flat and watching the show during a Bear Market is not wrong, but the difficulty of execution is too high. --- Closing all positions is truly the hardest. When the hands itch, reason goes out the window. --- Buying the dip has turned into losing my entire savings; it's really heartbreaking, brother. --- That Bullish line during the Rebound was indeed a bait; I’ve been trapped once or twice myself. --- It's easy to say to lie flat, but who can really do it? When the market moves, the heart gets chaotic. --- If you don't take action, no one can play you for suckers. It's simple and crude, but the hardest to achieve. --- 8000U is gone; Old Chen has paid a steep tuition fee for this. --- Waiting for the market to tell you to enter a position is a brilliant metaphor, but it's just hard to wait.
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