A few thoughts:
- First, I want to express my condolences and empathy to those who have been burned. This situation is no different from a natural disaster; it hits unexpectedly. I have also lost a lot, but not getting burned in futures is indeed lucky.
- Fortunately, futures didn't go heavily into small altcoins; otherwise, if they split 5 or 10 times, it would definitely lead to losses.
- The chart on spot shows some coins like Atom splitting several hundred times. Perhaps the reason is that on spot, you can't set limit prices too low; when the market dumps, there are no buy limit walls to support it. In futures, you can set long limits as you wish, so the chart seems more stable.
- I haven't been promoting long futures for the whole month. Asking a few friends who have been in the game for a long time, they either managed to avoid getting burned or got burned less. Experience does play a part.
- The image above is me limit buying #Xlm a long time ago. I didn't think it would get filled, adding another stroke of luck during the darkest times of the market.
- Well, during such dark times, we just have to think about the remaining lucky things.
- Do you think we've hit the bottom yet? I think we have. Would MM let the market die completely? Then why did they pump some altcoins 3x to 5x from the bottom last night?
- My plan seems solid: now if there's money, buy 50% right away. 50% limit at the bottom on 10/10/2025.
- Btc is actually a form of leverage. And altcoins are even a leverage of Btc. Recognize this to avoid using too much leverage. After all, #Btc is still at 110k, #Eth is close to 4k, #Bnb is 1k1. It's still at a high price.
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