Last night, after a $400 million liquidation, I finally understand: cash is the strongest belief.

In the past, the crypto world always liked to say:
“Hold onto BTC, that’s faith.”
Now I think that’s not right.
True faith is actually:
— Having cash in your account.
Last night, after the Middle East situation escalated, BTC directly dropped below $74,500.
100k people got liquidated, and the market was filled with screams of panic.
Many people were still laughing a few days ago, saying “bears have no faith.”
Last night, they were the ones being educated by the market.
And my biggest recent change is:
Learning to “stay in cash.”
Because the current market is really too emotional.
You think the market is stable;
Suddenly, international tensions give you a punch.
You think it’s about a rebound;
The Federal Reserve starts hawkish policies again.
In this environment, the most important thing is no longer the return rate.
It’s survival rate.
So my recent trading strategy is very much like elderly wealth management:
30% spot holdings;
30% stablecoins;
The rest waiting for opportunities.
What is the most dangerous mindset for many people now?
— Rushing to make back the losses.
Especially after a sharp drop, people are very impulsive about bottom fishing.
As a result:
They take the first hit;
The second hit comes;
And finally, they realize they’ve become a “human bagholder.”
I’ve actually started to buy BTC in batches now.
But very slowly.
Because declines caused by geopolitical risks usually don’t end immediately.
The market’s favorite move is:
First a sharp drop;
Then a rebound;
And then more torment.
So don’t rush to be the savior now.
Real experts are never the ones who bottom fish the fastest.
They are the ones:
Who can still keep their principal and wait for the next opportunity. #24h加密合约清算破4亿美元