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Messages in the group keep flooding in, KOL just says "Go for it" and everyone gets hyped up, in the end, who’s to blame for the losses?
I’m now more inclined to think: whoever clicks to buy is the one who has to pay for their impulsiveness… but the information environment really does push you along, so I set a rule for myself: first check the collateral ratio and liquidation line, whether I can withstand a needle poking all the way to the end; then consider if this wave of attention has already reached the final stage of Meme/celebrity calls.
Old players say don’t take the last hit, I used to think that was too verbose, but now I find it quite practical.
Anyway, I’d rather miss out on the excitement than get "infected" and caught in a chain of liquidations.
That’s it for now.