DOGE coin has once again experienced a sharp drop, with the middle band of the three-day moving average about to be broken. The most worrying part is those new coins launched just yesterday—many people rushed in en masse and ended up getting trapped, with no hope of breaking even anytime soon.



This is what is called "good news is all used up and turns into bad news"—declines always come quickly, but trying to rebound takes a lot of effort. Today, I lost another $1,000. At this rate, when will I be able to turn the tide?

Since I started trading coins in August last year, I invested $86,500, and now only $30,292 remains. Every day I open my eyes to check the K-line, and closing my eyes, I see only my losses. The days in a bear market are so hard to endure—risk control is necessary to avoid chasing highs, yet I also have to wait for that real rebound opportunity. When will the market give retail investors a chance to catch a breath?
DOGE-0.93%
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LiquidatedDreamsvip
· 01-08 08:57
Another new coin bloodbath, why are people still rushing in? Damn, I'm already numb. This bear market is truly the end. DOGE breaking below the midline is nothing new, it happens every time. Looking at this guy's numbers, I'm TM speechless. Retail investors are just meant to be cut, is this fate or what the hell? A thousand dollars, and it's gone just like that. I've already cashed out four figures this month. Good news is often followed by bad news; I'm tired of hearing this phrase, but I can't avoid it. Waiting for a rebound is like waiting for a pie in the sky.
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MiningDisasterSurvivorvip
· 01-08 08:51
I've been through it all, and the 2018 batch of bagholders had it even worse. Dropping from 86,500 to 30,292 is considered lucky; some people were wiped out completely. The phenomenon of new coins flooding in and getting trapped is, frankly, just another Ponzi scheme harvesting. The project teams' ability to draw big promises has become more and more sophisticated each year.
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SurvivorshipBiasvip
· 01-08 08:45
86,500 dropped to 30,292, brother, you need to adjust your mindset. Don't keep staring at the screen every day. I also saw that wave of new coins; it was too crazy, rushing in directly—serves you right. Waiting for a rebound? Until the market gives a clear signal, just stay calm and do nothing.
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TopBuyerBottomSellervip
· 01-08 08:43
Damn, it dropped again... This new coin really deserves to die. Those who bought in yesterday are probably kicking themselves now. Honestly, the bear market is just a slaughterhouse. A rebound seems far away, brother. Since last year, I've been messing around and losing so much that I'm almost numb... When will this end? Chasing high is really stupid, but not chasing feels like missing out, and that's the hardest part. Does DOGE still need to fall? I don't even want to look at the K-line anymore; it just makes me angry. Launching new coins is just a trap. Those who lost once and still jump in deserve it. A rebound? Haha, I just want to preserve my principal now. The greedy thoughts are long gone. Retail investors are really like leeks; the market can cut them whenever it wants, and it can let go whenever it wants. Just see if there's a chance to get on board, but I don't expect much anymore. Anyway, I've lost so much.
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