Strong winds reveal strong grass; big falls reveal real gold

Overnight, Bitcoin (BTC) plummeted, making a comeback. Seeing that the 40k that had been recovered was suddenly lost, the situation took a sharp turn for the worse, and once fell below the 38k defense line. Currently, both the long and short sides are stuck near the 38k line.

Objectively speaking, no one can see where the momentum for the market's recovery will come from.

The objective problem now is that as soon as the price of Bitcoin rises slightly, altcoins or NFTs will go wild, and the big players and project owners holding sickles will start to cut leeks with their knives, constantly overdrawing the purchasing power of the entire market.

After the overdraft, the altcoin will have a phenomenon. When Bitcoin rises sharply, it rises slightly. When Bitcoin falls slightly, it falls sharply. After a few fluctuations, it is already several positions behind Bitcoin.

There is a saying that only when the tide goes out can you tell who is swimming naked.

Only when the bubble bursts and winter arrives, can we know whose clothes are the thinnest.

The thing that may rise the most may not be bitcoin, but the thing that is most resistant to decline must be bitcoin.

Strong winds reveal strong grass; big drops reveal real gold.

There are two most unpopular types of people. One is the one who reminds others to pay attention to risks when the market is rising sharply. The other is the one who encourages others to hold on when the market is falling sharply.

In comparison, the latter is more hated.

Missing out on the fattest meat during a big bull run means you'll just earn less money.

When the market falls sharply, if you hold on to your order without stopping loss, and wait until your position loses 70%, 80%, or 90% before cutting your losses, you will lose your actual capital.

Why do something that is so thankless?

Although I have my own eight-character formula, although I am fully invested in order to withstand declines, and although I also express some personal opinions, I never try to give any advice or influence to anyone.

There is only one kind of responsibility in this market, and that is to be responsible for yourself.

People who cannot even take responsibility for themselves are probably not suitable for participating in the financial markets.

I don't care whether you believe my point of view or not. I am even afraid that you will be superstitious about my words.

Only a liar will try hard to make you believe him.

Opinions are just a drop in the ocean, and all need to be tested by the market. As the saying goes, "strong grass is revealed by strong winds." Whether it is right or wrong, the market has the final say.

Some people are particularly fond of regret and reflection.

Whether the market is rising or falling, they will quickly fall into a deep reflection on the past:

Why didn’t you buy at the bottom of the market? Why didn’t you sell at the top?

A feeling of regret arises spontaneously.

After reflection, I learned from my mistakes and made a firm decision to buy low and sell high next time.

On the surface, this may seem like reflection and a good quality, but in reality, they want to be gods, which is ignorant arrogance.

Don't try to correct past mistakes in the future.

Don’t try to correct a mistake made on one coin on another.

Otherwise, you will make mistakes one step at a time, one step at a time, and one step at a time. You will always be a step behind, always buy high and sell low, and always be stuck or lose money.

Thousands of ships pass by the sunken boat, and thousands of trees bloom in front of the dead tree.

When you shed tears for missing the sun, you will miss the stars.

Every day is a new day. Every day is a new beginning.

How long will the strong wind last?

The grassland is everlasting.