It's not just the crypto world; A-shares are also a heavy blow to ordinary people!

The most deadly illusion for ordinary people in the market is the belief that as long as they are sincere enough, they will definitely be able to wait for a structural reversal.

Thinking too much! The one being cut off is someone like you, who is so sincerely deep in it!

Many times, losing money is just a result; the process involves continuous increasing positions + emotional control issues, which is almost the standard path for retail investors to lose everything.

This has nothing to do with the crypto world, stock market, real estate, or futures that you play with; it has a lot to do with the human nature you experience, economic cycles, and anxiety of sinking.

Any leveraged operation is dangerous when emotions are extremely unstable.

If you are in the same situation as this friend, pausing operations is the best solution. Don't continue to add risks to yourself; buying random things will only make your money dwindle.

The market is not meant to save lives. When you treat it as the only way to turn your fortunes around, you have already lost half of your life mentally.

Besides, in this day and age, those who can protect their principal investment are already rare creatures. With 1 million in principal, what else is there to do...