There is nothing wrong with what Qian Feng said.

The mindset of being unafraid of spot trading can lead to a fatal misconception.
The biggest danger of spot trading is,
Feel nothing when it goes down
It's okay to feel that the spot market has dropped.
Anyway, the coins haven't decreased.
Just wait for it to rise back up.
Then it rises again and doesn't want to leave,
It has fallen back again, until it finally returns to zero.
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Are you self-paralyzing in the deadlock of "drop 10% wait for rebound → drop 80% delete APP" during the plunge?
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Playing with spot trading can easily lead to the illusion of "waiting for a rebound."
Always thought that "after a drop, it will eventually rise again," but ended up being harshly educated by the market.
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The dealer fully utilizes the inertia of this historical bull market. They have educated everyone in the cryptocurrency circle during this round!
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Retail investors think that using stop-loss in spot trading is a sign of weakness, but they do not realize that the cryptocurrency market is no longer as pure as it once was; it has entered a new era of reshuffling!
Good risk control and retaining strength are essential to seize unexpected profits when the market rises!
#BTC #ETH #PI #XRP #SOL