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✍️The life of a leek (a term for someone who is easily exploited), a simple life. In fact, everyone has been discussing this recently: it's getting harder and harder to make money, whether on-chain or off-chain.
Exchanges have also noticed this, otherwise they wouldn't have gone to list gold and silver precious metals. After all, without trading volume, exchanges can't make money either, so what can they do?
If casinos can't even make money, what should they do?
🌟Precious metals are no longer in a simple mode?
Yesterday, gold experienced extreme FOMO, with a single-day surge exceeding the price of a year or even several years in normal times.
Moreover, even @SuperBILI has started showing off his roster. If someone as "reserved as Xiongxiong" as him is doing this, he must have finished running the entire roster.
Yesterday, all precious metals and commodities saw explosive growth, even copper and crude oil, which had been trading sideways, took off.
Of course, last night, with the "gold price crash," everyone started to "crash" together.
Those who tried to buy the dips yesterday, and who managed to buy the dips, have basically lost everything.
This, at least to the extent it is currently understood, suggests that "precious metals" are no longer a simple matter.
I bought too much at the highest point yesterday, and then cut my losses at the lowest point.
When prices are rising, I'm afraid I've bought too much and will lose money if there's a pullback. When prices are falling, I'm afraid I've bought too little, in case it's just a small pullback.
The results showed that the high-absorption and low-sell performance was excellent.
🌟Will the simple pattern in the US stock market continue?
US stocks, which followed the most aggressive rallies, such as $SNDRK$MU $INTC, also experienced a significant pullback yesterday.
As a result, when the financial report was released in the early hours of the morning, it exceeded expectations and took off, and the storage sector continued to be hot.
At least on this point, people are still hesitant to throw away their chips.
It falls quickly, rebounds even faster, and reaches new highs even faster.
However, this fluctuation is actually greater than that of precious metals, and of course, one still needs to have excellent mental fortitude.
However, one good thing about US stocks is that after playing with many American on-chain meme, you realize that these things with "underlying logic" seem to "not go to zero".
The 50k/100k chain is on-chain meme, and the result is the crystallization of the world's "industry", and everyone is timid and hesitant.
It seems simpler than crypto, and probably simpler than precious metals today.
🌟I really can't make any swing trades in my life. It feels like I'm always making the same mistakes, no matter where I trade.
At first, I thought it was just a simple trial and I put in a small position. But it kept going up, so I had to add to my position. I only had a small amount, and I didn't dare to sell, so I could only keep holding it.
Then it started to pull back, and I thought it was an opportunity, so I started to buy the buy the dips. But it just kept falling and wouldn't turn back, so I started to think about cutting my losses. But as soon as I stopped my losses, it started to rebound.
As a result, seeing the rebound, I wondered if the fall was over, so I bought in, only to find that the rebound had come to an abrupt end and the fall had started again.
Staring blankly at the K-line chart, it's time to start subtracting again 🤣.
Less trading in short-term swings, more holding positions; otherwise, you'll just be stuck holding on.
Any resemblance to actual events described above is purely coincidental.
As an ordinary retail investor with average intelligence, I can only make money when everyone else is making money. If only smart people can make money in a market, then I definitely won't make it.
So even though we're the ones being exploited, we still need to simplify things, eliminating markets where it's difficult for most people to make money and focusing on areas where the vast majority can make money.

Did I forget about @MetaHunter168's homework for today?
Haha, homework's due tomorrow, teacher! 😂
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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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