idk who needs to hear this, but if you lost a lot during this whole nuke, it’s time to sit down and reflect on your next steps instead of rushing to make it all back
One thing I learned: if you don’t have enough experience with leverage, don’t touch it. And even if you do have experience, be careful, set your TP/SL and don’t get greedy. On days like today, with insane volatility, you can lose everything you took years to build
Most people I’m hearing about who lost it all did it because they were over-leveraged. People who made their bag from memecoins or spot plays and never used leverage suddenly start thinking they “need it” and then they blow up
And again, I’ve already said this before: anyone on CT saying “BTC will bottom here,” “ETH is about to top,” etc... they don’t actually know. It’s just their personal position, and they’re praying it plays out.
So before you start blindly listening to someone who gets 1 thing right out of 10 million wrong, do your own DD and position based on your own conviction. That way you don’t panic during moves like today, and can even accumulate more of the assets you genuinely like
Also, let’s be real: outside of a few alts like Hype, Zcash, etc., alts didn’t perform well this whole “bull.” Many barely hit their previous ATHs and are down bad now.
My strategy has been focusing on innovative micro/mid caps + accumulating more BTC. That’s been paying off for me way more than bidding 7-8 figs in alts that drop 10% and pump 1% a week
To finish: this type of stuff happens every cycle. When prices go up, people forget, get greedy, and think it’s impossible to pull back. But nothing goes up forever.
If you lost a lot these past days, take that as a sign to review your strategy and find what needs improvement, so you can make it back, and so you don’t repeat the same mistakes next time...
And if you lost everything, remember: you can make it all back the same way you did the first time.
Just understand the mistakes that led you here, fix them, and rebuild
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