This round of decline, to be honest, is a bit like the wave before Bitcoin bottomed out back then. If you buy LTC at around $70 now, you might get laughed at for a while. But in the long run, people will eventually envy this price. Just like now looking at Bitcoin—although I didn't buy at 15,000, those who bought at 24,000, in hindsight, everyone else wishes they had their cost basis.



My own story is a vivid lesson. Going long on Bitcoin at 22,000, I got liquidated at 18,000. I didn't learn my lesson and rushed in to buy the dip again, only to be liquidated when it dropped to 15,500. If I hadn't still had some remaining principal to keep me sane, I wouldn't even be able to do the math now. Later, I stubbornly bought back at 19,000.

But this time is different. I’ve completely given up—won't gamble on the bottom with contracts anymore. Now I hold full spot positions and just hold steadily. Honestly, buying the dip is something only experts can do, and trading with contracts requires a special skill set. We're neither trading geniuses nor the chosen ones. Instead of betting our fate on technicals, it's better to choose a way that lets us sleep peacefully.
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ThreeHornBlastsvip
· 01-17 11:16
Really, only at the moment of a contract liquidation do I realize that I am just a leek. Holding spot assets passively is the right way; don't think about gambling on the bottom every day. 70 yuan LTC is indeed cheap; it all depends on who can hold on. Losing twice taught me to let go; the cost was damn high. Sleeping well is more valuable than any technical indicator, honestly. This wave of decline is just practice for bottom-fishing; anyway, I can't lose much. Full position in spot assets is a bit boring, but at least I don't have to stay up at night watching K-line charts in fear.
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NonFungibleDegenvip
· 01-14 11:43
ngl ser this hits different... the spot liquidation arc really do be a character development moment fr fr
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BearMarketBarbervip
· 01-14 11:38
Blowing up twice and still dare to summarize experience, I truly admire this mindset. --- LTC at 70 dollars is indeed cheap, but I always feel it could be even cheaper. --- Futures are just a money-eating machine; holding spot positions and relaxing is truly much more comfortable. --- It sounds good, but the key is to wait for the right opportunity; otherwise, spot trading can also get you trapped. --- This guy has experienced liquidation and still lives to tell the story; indeed, we should learn from his resilience. --- Holding full spot positions and sleeping well, but the premise is having enough capital. --- LTC at seventy dollars makes me think of when I didn't dare to buy even at two dollars. --- Recognizing that you're not a genius is already more than half of the people. --- Spot trading is good, but it all depends on whether you can truly stay still and not move. --- Stop, don't brainwash me into taking over positions; I want the market to drop another two weeks.
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TokenUnlockervip
· 01-14 11:23
Doubled down after two liquidations and still trying to preach; this attitude is actually healthier than the account itself.
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