BTC: Summary of Jayson Casper's community discussion (12:00:10 ~ 13:00:10)

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1. Current recommendation: It is advisable to remain on the sidelines. The current market performance is extremely poor, representing the "worst trading day." It is not advisable to blindly long or short. Wait for a clear direction or a pullback confirmation before taking any action. 2. Position and Risk Control Recommendations: It is recommended to use a small position for initial trading or remain out of the market to avoid heavy positions. Emphasis should be placed on risk control, and it is advised to set strict stop-loss orders and patiently wait for price pullbacks or confirmation signals before gradually adding to positions. 3. Suitable for conservative medium-term or trend investors who prefer to wait and see. Aggressive short-term trading is not recommended. The current market is highly volatile, so it is not advisable to hold positions for too long. It is emphasized that "a rebound is a window of opportunity to escape", and quick entry and exit are the best approach.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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