This event once again highlights the high-risk characteristics of the Crypto Assets market. Whether you are a participant or an observer, the following points are worth pondering:
Face High Risks: Crypto Assets are highly volatile investments, and the risks are far greater than stocks or bonds. You need to clearly understand that the safety of your principal is always the top priority. · Be extremely cautious with high leverage: Leverage is a double-edged sword; it can amplify profits in a bull market, but it will also double your losses during volatility. The liquidation of over 1.6 million people is the most painful lesson. For ordinary investors, staying away from contracts, futures, and other high-leverage products is the most effective way to protect themselves. · See through the trap of "low risk and high return": There is an iron rule in the financial market: risk and return are always proportional. Be vigilant about high-yield products that promise "guaranteed profits" (such as the USDe cycle loan in this incident). · Stay calm and avoid panic actions: During black swan events, the most expensive mistake is often selling at the lowest point. The market is maturing during the day, and its resilience in the face of sudden events is increasing. After a sharp drop, staying calm is more important than pursuing profits.
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This event once again highlights the high-risk characteristics of the Crypto Assets market. Whether you are a participant or an observer, the following points are worth pondering:
Face High Risks: Crypto Assets are highly volatile investments, and the risks are far greater than stocks or bonds. You need to clearly understand that the safety of your principal is always the top priority.
· Be extremely cautious with high leverage: Leverage is a double-edged sword; it can amplify profits in a bull market, but it will also double your losses during volatility. The liquidation of over 1.6 million people is the most painful lesson. For ordinary investors, staying away from contracts, futures, and other high-leverage products is the most effective way to protect themselves.
· See through the trap of "low risk and high return": There is an iron rule in the financial market: risk and return are always proportional. Be vigilant about high-yield products that promise "guaranteed profits" (such as the USDe cycle loan in this incident).
· Stay calm and avoid panic actions: During black swan events, the most expensive mistake is often selling at the lowest point. The market is maturing during the day, and its resilience in the face of sudden events is increasing. After a sharp drop, staying calm is more important than pursuing profits.