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There's a coin that has been extremely popular recently, but I need to reveal its true nature to you. This thing has been like a roller coaster since its inception—starting at $0.0001, soaring to $0.5074 at its peak, and now resting at $0.145. What is really behind this market movement?
Here comes the most frightening data: the ratio of trading volume to market capitalization exceeds 70%. In other words, the entire pool is worth just over 140 million, but nearly 100 million in funds are swirling inside every day. Can this still be called investing? Basically, it's a game of hot potato played by everyone—whoever catches the potato last loses.
So, should you get involved? I have three ironclad rules.
First, clarify your identity. Are you here to gamble for quick money, or do you genuinely believe in the project's story? The former needs to watch minute K-line charts closely, while the latter has the confidence to hold. These two mindsets are completely different; mixing them up will only lead to losses.
Second, control your position size strictly. Only use idle funds that you wouldn't mind losing sleep over. Treat this as entertainment spending—don't regard it as serious investment. Once your mindset collapses, your decision-making will fall apart.
Finally, stick to a written plan. Before entering, decide exactly at what price you'll cut losses and at what price you'll start taking profits in stages. Never operate based on feelings during trading; intuition is the biggest killer in trading.
Ultimately, this kind of asset has long evolved into a tool for pure emotion and capital confrontation. Profits indeed come from volatility, but risks also stem from that phrase, "This time might be different." Is it really different?