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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?