#我的Gate交易时刻

June 6th, BTC broke below $60,000, touching a low of $59,100. The fear and greed index dropped to 15, and the market was in a state of panic. On that day, over $1.7 billion was liquidated across the entire network, and 270k traders were forced to sell.

I bought spot BTC near $59,500.

This is not blind bottom-fishing. My logic is very simple:

First, extreme fear often corresponds to a cyclical bottom. When the fear and greed index drops below 20, historically it’s been a good buying zone. At that time, the index was 15, which is extreme fear within extreme fear.

Second, my position is manageable. This purchase only used 20% of my total funds, and it was all spot, with no leverage added. Even if the price continues to fall to $50,000, I have funds to buy in stages, and I won’t get liquidated.

Third, I am mentally prepared. Before buying, I had already decided: I will hold this money for at least 6 months to a year, and I won’t touch it regardless of any fluctuations in between.

And what was the result? BTC rebounded from $59,100 to above $67,000, and my position has about a 12% unrealized profit. Although it recently retreated to around $65,000, I’m not panicking at all — because I know what I’m doing.

To newcomers, I want to say: Be greedy when others are fearful, but only if you are truly prepared to be greedy — including financial, time, and psychological readiness. If you just follow the crowd to buy the dip, that’s gambling, not investing.

That phrase on Gate is true: “The market is quiet, ETF continues to see net outflows” — but when it’s quiet, it’s often the time for smart money to position. The key is whether you are the one positioning yourself or the one getting harvested.