This wave of decline is almost harmless.
Yesterday, a friend asked me while we were playing cards,
what would happen if the crypto market collapsed.
And today, it really did collapse.
But it can't get much worse than this.
I don't know how everyone allocates their assets,
but my crypto assets account for less than 30% of my total family assets.
And my crypto assets, stablecoins + mainstream coins, have long accounted for 80% of the total.
I belong to the typical group of people who,
say the most radical things while practicing the most conservative asset management.
I may sound panicked,
but inside, I'm completely calm.
My Twitter doesn't have statements like "all in" or "go all in" that encourage others to invest their entire fortune. In my view, the crypto space is always about taking small risks for big rewards. Of course, it’s also possible that I just don’t have that capability. The last project I pushed for a million dollars, $wlfi, if I hadn't set a stop loss, would now be down to half. Ever since I found out that the real operator of this project was a guy who used to be in Shanghai and Shenzhen, I immediately set a stop loss. I will only sell, not pump.
10.71K
46
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.