Silver suddenly drops by 10%, and according to common sense, many people will get liquidated. In the commodities trading arena, at least nine out of ten traders use leverage contracts—that's the current market ecosystem.
The market is just so ruthless. Look around, entire social media is wildly hyping certain coins to take off, certain commodities to skyrocket. When you actually jump in? Reality often hits back. In the long run, the wave of hype-driven market movements usually close at prices lower than the peaks social media was touting at the time.
Lucky ones can indeed catch early gains. But most people? They get hit with a big bearish candle right after entering, or even get liquidated directly. The market is a psychological game. When others are panicking, you should be greedy; when others are wildly praising, you should be fearful. Going against the crowd is often the way to survive.
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DegenDreamer
· 16h ago
Here comes the same old story of cutting leeks again, this time with silver.
That group on social media, they hype it up more than anyone else, but they lose just as quickly.
Leverage traders are probably going to have to pay tuition again this time.
It sounds simple, but doing the opposite and making a profit is easier said than done.
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BagHolderTillRetire
· 16h ago
It's the same old story; the more aggressive the social media hype, the less I believe it.
Ha, nine out of ten are playing with leverage, and the remaining one is probably secretly involved too.
It's easy to say "trade against the trend," but who the hell can actually do it when the moment comes?
How many people got wiped out during this silver plunge?
Public opinion peaks and actual closing prices are always two different stories.
Early movers had an information advantage; by the time we see it, they've already pulled out.
Psychological warfare has never been won by the majority.
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HashRatePhilosopher
· 17h ago
Silver's plunge this time is again a nightmare for the little guys; I estimate that 90% of leveraged users have already opened champagne.
The more aggressive the social media hype, the more I get scared. This time I finally understand.
Contrarian trading really is a lifesaver, but the problem is that most people simply can't do it.
It sounds simple, but when the market comes, aren't most people just following the trend? Psychological warfare, to put it bluntly, is all about testing one's mental resilience.
The brothers who got liquidated this time are also victims of being brainwashed by public opinion.
Silver suddenly drops by 10%, and according to common sense, many people will get liquidated. In the commodities trading arena, at least nine out of ten traders use leverage contracts—that's the current market ecosystem.
The market is just so ruthless. Look around, entire social media is wildly hyping certain coins to take off, certain commodities to skyrocket. When you actually jump in? Reality often hits back. In the long run, the wave of hype-driven market movements usually close at prices lower than the peaks social media was touting at the time.
Lucky ones can indeed catch early gains. But most people? They get hit with a big bearish candle right after entering, or even get liquidated directly. The market is a psychological game. When others are panicking, you should be greedy; when others are wildly praising, you should be fearful. Going against the crowd is often the way to survive.