Even with this tumble I still _老虎社区_美港股上老虎

2021-04-26

Even with this tumble I still see bullish in it. Agree?

Bitcoin's Tumble, Explained<blockquote>比特币的跌倒，解释</blockquote>

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Agree?","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/374031664","repostId":1112623830,"repostType":4,"repost":{"id":"1112623830","kind":"news","pubTimestamp":1619399934,"share":"https://www.laohu8.com/m/news/1112623830?lang=zh_CN&edition=full","pubTime":"2021-04-26 09:18","market":"us","language":"en","title":"Bitcoin's Tumble, Explained<blockquote>比特币的跌倒，解释</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1112623830","media":"thestreet","summary":"Bitcoin fell dramatically in late April, sinking from its mid-month high of around $64,000 to Sunday","content":"Bitcoin fell dramatically in late April, sinking from its mid-month high of around $64,000 to Sunday morning when it was hovering around $50,000. Here, we talk with&nbsp;Bobby Ong, CoinGecko's chief operating officer, about the move down. CoinGecko is one of the&nbsp;largest independent cryptocurrency data aggregators.<blockquote>比特币在4月下旬大幅下跌，从月中高点64,000美元左右跌至周日上午徘徊在50,000美元左右。在这里，我们与CoinGecko的首席运营官Bobby Ong讨论了降级事宜。CoinGecko是最大的独立加密货币数据聚合商之一。</blockquote> The following interview was conducted over email over last week as bitcoin had already begun its decline.<blockquote>以下采访是上周通过电子邮件进行的，当时比特币已经开始衰落。</blockquote> TheStreet:Despite bitcoin's known volatility, it seems some people were caught off guard by the decline in bitcoin over the past week. Was that just par for the course -- normal volatility -- of something else?<blockquote>街道：尽管比特币的波动性众所周知，但过去一周比特币的下跌似乎让一些人措手不及。这只是其他事情的正常波动吗？</blockquote> Ong:The recent bloodbath on April 18 saw a record of approximately $9.77 billion worth of futures contracts liquidated in just 24 hours. There was already a massive amount of leverage in the market in anticipation of the Coinbase&nbsp;(COIN) -Get Report&nbsp;initial public offering. The excitement of having the first crypto company IPO also led bitcoin’s price to hit a new all-time high of $64,804.<blockquote>非政府组织：最近发生在4月18日的大屠杀中，价值约97.7亿美元的期货合约在短短24小时内被清算，创下纪录。由于对Coinbase的预期，市场上已经存在大量杠杆（硬币）-获取首次公开募股报告。第一家加密货币公司IPO的兴奋也导致比特币的价格创下64,804美元的历史新高。</blockquote> However, the direct listing of Coinbase also had a lukewarm reception from stock investors. More recently, there was a lot of fear and uncertainty spreading on social media due to various factors, including (rumors of)&nbsp;the U.S. Treasury taking legal action against certain financial institutions for money laundering, which turned out to be false information. Other than that, CNBC was recirculating news about the crypto ban in India, Turkey banning crypto payments, President Biden proposing a higher capital gains tax, and China bitcoin miners losing power.<blockquote>然而，Coinbase的直接上市也受到了股票投资者的冷遇。最近，由于各种因素，社交媒体上传播了很多恐惧和不确定性，包括美国财政部对某些金融机构洗钱采取法律行动的（传言），这被证明是虚假信息。除此之外，CNBC还在传播有关印度加密货币禁令、土耳其禁止加密货币支付、拜登总统提议征收更高的资本利得税以及比特币矿工断电的消息。</blockquote> The selloff happened during the weekend when there were thinner order books. With high leverage and thin order books, even a small decrease in price will trigger a sharp drawdown and cause a downward spiral in price.<blockquote>抛售发生在周末，当时订单较少。在高杠杆和薄订单的情况下，即使价格小幅下跌也会引发大幅回撤，并导致价格螺旋式下降。</blockquote> Naturally, the market also needs to correct itself, because there were many over-leveraged traders. It is also important to note that bitcoin options expire towards the end of every month, which usually causes increased volatility in the last week of each month.<blockquote>自然，市场也需要自我修正，因为有很多过度杠杆的交易者。还需要注意的是，比特币期权在每个月底到期，这通常会导致每月最后一周的波动性增加。</blockquote> TheStreet:Do you see the decline as a chance for people to get into it at a cheaper price?<blockquote>街道：你认为下跌是人们以更便宜的价格进入的机会吗？</blockquote> Ong:It depends on that person and their goals. The profiles of buyers today are very different before, when it was mostly libertarians. Today. it’s U.S. institutions, and soon it will be governments.<blockquote>非政府组织：这取决于那个人和他们的目标。今天的买家与以前大不相同，当时大多是自由主义者。当今。是美国的机构，很快也会是政府。</blockquote> If the time horizon is more than five years, then there is no need to look at price movements each day. Have a long-term horizon, choose an exposure of your net worth that you are comfortable with, and hold for the long term. We are still in the early innings of bitcoin adoption, and we foresee tremendous growth potential in the years to come.<blockquote>如果时间范围超过五年，那么就没有必要每天查看价格变动。有一个长期的视野，选择一个你觉得舒服的净资产敞口，并长期持有。我们仍处于比特币采用的早期阶段，我们预计未来几年将有巨大的增长潜力。</blockquote> TheStreet:What did you make of Coinbase's IPO and subsequent move downward?<blockquote>街道：您如何看待Coinbase的IPO和随后的下跌？</blockquote> Ong:Coinbase had a pretty decent performance with regards to direct listing performance in comparison to other companies. It was just the unusually high expectation from the crypto space with regards to its price.<blockquote>非政府组织：与其他公司相比，Coinbase在直接上市表现方面表现相当不错。这只是加密领域对其价格的异常高的期望。</blockquote> There were also ongoing debates on how Coinbase should be valued, because it operates in a cyclical market and might face increased competition in the future.<blockquote>关于Coinbase应该如何估值的争论也在持续，因为它在周期性市场中运营，未来可能会面临更激烈的竞争。</blockquote> TheStreet:It seems you have two parallel views of bitcoin and other crypto that's not tethered to another currency: One, you have people who want to use it as a currency and for privacy. And, two, you have people who are solely looking at it as an investment. How does the latter affect the former? Can it rise to a point where it's only really useful for investment?<blockquote>街道：对于比特币和其他不与另一种货币挂钩的加密货币，您似乎有两种平行的观点：第一，有人想将其用作货币和隐私。第二，有些人只将其视为一项投资。后者如何影响前者？它能上升到只对投资真正有用的地步吗？</blockquote> Ong:You are raising a good point here, because bitcoin was originally envisioned to be a peer-to-peer currency for everyone. However, since its inception, there have been various debates in regards to bitcoin’s role.<blockquote>非政府组织：你在这里提出了一个很好的观点，因为比特币最初被设想为是一种面向所有人的点对点货币。然而，自成立以来，关于比特币的作用一直存在各种辩论。</blockquote> I would say its purpose has now evolved to become a store of value and is becoming a viable alternative to replace gold. In fact, this appears to align with China’s stance, as it recently recognized that crypto assets are also an alternative form of investment. This is significant, because the Chinese government has always shunned crypto assets.<blockquote>我想说，它的目的现在已经演变成一种价值储存手段，并正在成为取代黄金的可行替代品。事实上，这似乎与中国的立场一致，因为它最近认识到加密资产也是一种替代投资形式。这一点意义重大，因为中国政府一直回避加密资产。</blockquote> Meanwhile, stablecoins such as USDT and USDC are seeing increased adoption as a form of payment currency.<blockquote>与此同时，USDT和USDC等稳定币作为一种支付货币的采用越来越多。</blockquote> TheStreet:Is there anything you want to add?<blockquote>街道：你有什么要补充的吗？</blockquote> Ong:Bitcoin’s correction is becoming more pronounced even though it is essential for sustained market growth. We are now experiencing 20%-30% drawdowns on an almost monthly basis. Although the overall macro trend remains bullish, we see an increase in the number of liquidations by traders who over-leverage themselves.<blockquote>非政府组织：比特币的调整正变得越来越明显，尽管这对于市场的持续增长至关重要。我们现在几乎每月都会经历20%-30%的提款。尽管整体宏观趋势仍然看涨，但我们看到过度杠杆化的交易者的清算数量有所增加。</blockquote> It is important to understand that while leverage opportunities like margin trading or futures offer the potential for more gains, the associated risk is also very high. Be sure that you have time, resources, and lots of knowledge before dabbling in leverages.<blockquote>重要的是要明白，虽然保证金交易或期货等杠杆机会提供了更多收益的潜力，但相关风险也非常高。在涉足杠杆之前，请确保您有时间、资源和大量知识。</blockquote> I highly recommend that people set reasonable timeframes and financial goals that work for themselves and ensure that they do plenty of research.<blockquote>我强烈建议人们设定合理的时间表和适合自己的财务目标，并确保他们做大量的研究。</blockquote>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin's Tumble, Explained<blockquote>比特币的跌倒，解释</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin's Tumble, Explained<blockquote>比特币的跌倒，解释</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nthestreet2021-04-26 09:18\n\n</h4>\n</header>\n<article>\nBitcoin fell dramatically in late April, sinking from its mid-month high of around $64,000 to Sunday morning when it was hovering around $50,000. Here, we talk with&nbsp;Bobby Ong, CoinGecko's chief operating officer, about the move down. CoinGecko is one of the&nbsp;largest independent cryptocurrency data aggregators.<blockquote>比特币在4月下旬大幅下跌，从月中高点64,000美元左右跌至周日上午徘徊在50,000美元左右。在这里，我们与CoinGecko的首席运营官Bobby Ong讨论了降级事宜。CoinGecko是最大的独立加密货币数据聚合商之一。</blockquote> The following interview was conducted over email over last week as bitcoin had already begun its decline.<blockquote>以下采访是上周通过电子邮件进行的，当时比特币已经开始衰落。</blockquote> TheStreet:Despite bitcoin's known volatility, it seems some people were caught off guard by the decline in bitcoin over the past week. Was that just par for the course -- normal volatility -- of something else?<blockquote>街道：尽管比特币的波动性众所周知，但过去一周比特币的下跌似乎让一些人措手不及。这只是其他事情的正常波动吗？</blockquote> Ong:The recent bloodbath on April 18 saw a record of approximately $9.77 billion worth of futures contracts liquidated in just 24 hours. There was already a massive amount of leverage in the market in anticipation of the Coinbase&nbsp;(COIN) -Get Report&nbsp;initial public offering. The excitement of having the first crypto company IPO also led bitcoin’s price to hit a new all-time high of $64,804.<blockquote>非政府组织：最近发生在4月18日的大屠杀中，价值约97.7亿美元的期货合约在短短24小时内被清算，创下纪录。由于对Coinbase的预期，市场上已经存在大量杠杆（硬币）-获取首次公开募股报告。第一家加密货币公司IPO的兴奋也导致比特币的价格创下64,804美元的历史新高。</blockquote> However, the direct listing of Coinbase also had a lukewarm reception from stock investors. More recently, there was a lot of fear and uncertainty spreading on social media due to various factors, including (rumors of)&nbsp;the U.S. Treasury taking legal action against certain financial institutions for money laundering, which turned out to be false information. Other than that, CNBC was recirculating news about the crypto ban in India, Turkey banning crypto payments, President Biden proposing a higher capital gains tax, and China bitcoin miners losing power.<blockquote>然而，Coinbase的直接上市也受到了股票投资者的冷遇。最近，由于各种因素，社交媒体上传播了很多恐惧和不确定性，包括美国财政部对某些金融机构洗钱采取法律行动的（传言），这被证明是虚假信息。除此之外，CNBC还在传播有关印度加密货币禁令、土耳其禁止加密货币支付、拜登总统提议征收更高的资本利得税以及比特币矿工断电的消息。</blockquote> The selloff happened during the weekend when there were thinner order books. With high leverage and thin order books, even a small decrease in price will trigger a sharp drawdown and cause a downward spiral in price.<blockquote>抛售发生在周末，当时订单较少。在高杠杆和薄订单的情况下，即使价格小幅下跌也会引发大幅回撤，并导致价格螺旋式下降。</blockquote> Naturally, the market also needs to correct itself, because there were many over-leveraged traders. It is also important to note that bitcoin options expire towards the end of every month, which usually causes increased volatility in the last week of each month.<blockquote>自然，市场也需要自我修正，因为有很多过度杠杆的交易者。还需要注意的是，比特币期权在每个月底到期，这通常会导致每月最后一周的波动性增加。</blockquote> TheStreet:Do you see the decline as a chance for people to get into it at a cheaper price?<blockquote>街道：你认为下跌是人们以更便宜的价格进入的机会吗？</blockquote> Ong:It depends on that person and their goals. The profiles of buyers today are very different before, when it was mostly libertarians. Today. it’s U.S. institutions, and soon it will be governments.<blockquote>非政府组织：这取决于那个人和他们的目标。今天的买家与以前大不相同，当时大多是自由主义者。当今。是美国的机构，很快也会是政府。</blockquote> If the time horizon is more than five years, then there is no need to look at price movements each day. Have a long-term horizon, choose an exposure of your net worth that you are comfortable with, and hold for the long term. We are still in the early innings of bitcoin adoption, and we foresee tremendous growth potential in the years to come.<blockquote>如果时间范围超过五年，那么就没有必要每天查看价格变动。有一个长期的视野，选择一个你觉得舒服的净资产敞口，并长期持有。我们仍处于比特币采用的早期阶段，我们预计未来几年将有巨大的增长潜力。</blockquote> TheStreet:What did you make of Coinbase's IPO and subsequent move downward?<blockquote>街道：您如何看待Coinbase的IPO和随后的下跌？</blockquote> Ong:Coinbase had a pretty decent performance with regards to direct listing performance in comparison to other companies. It was just the unusually high expectation from the crypto space with regards to its price.<blockquote>非政府组织：与其他公司相比，Coinbase在直接上市表现方面表现相当不错。这只是加密领域对其价格的异常高的期望。</blockquote> There were also ongoing debates on how Coinbase should be valued, because it operates in a cyclical market and might face increased competition in the future.<blockquote>关于Coinbase应该如何估值的争论也在持续，因为它在周期性市场中运营，未来可能会面临更激烈的竞争。</blockquote> TheStreet:It seems you have two parallel views of bitcoin and other crypto that's not tethered to another currency: One, you have people who want to use it as a currency and for privacy. And, two, you have people who are solely looking at it as an investment. How does the latter affect the former? Can it rise to a point where it's only really useful for investment?<blockquote>街道：对于比特币和其他不与另一种货币挂钩的加密货币，您似乎有两种平行的观点：第一，有人想将其用作货币和隐私。第二，有些人只将其视为一项投资。后者如何影响前者？它能上升到只对投资真正有用的地步吗？</blockquote> Ong:You are raising a good point here, because bitcoin was originally envisioned to be a peer-to-peer currency for everyone. However, since its inception, there have been various debates in regards to bitcoin’s role.<blockquote>非政府组织：你在这里提出了一个很好的观点，因为比特币最初被设想为是一种面向所有人的点对点货币。然而，自成立以来，关于比特币的作用一直存在各种辩论。</blockquote> I would say its purpose has now evolved to become a store of value and is becoming a viable alternative to replace gold. In fact, this appears to align with China’s stance, as it recently recognized that crypto assets are also an alternative form of investment. This is significant, because the Chinese government has always shunned crypto assets.<blockquote>我想说，它的目的现在已经演变成一种价值储存手段，并正在成为取代黄金的可行替代品。事实上，这似乎与中国的立场一致，因为它最近认识到加密资产也是一种替代投资形式。这一点意义重大，因为中国政府一直回避加密资产。</blockquote> Meanwhile, stablecoins such as USDT and USDC are seeing increased adoption as a form of payment currency.<blockquote>与此同时，USDT和USDC等稳定币作为一种支付货币的采用越来越多。</blockquote> TheStreet:Is there anything you want to add?<blockquote>街道：你有什么要补充的吗？</blockquote> Ong:Bitcoin’s correction is becoming more pronounced even though it is essential for sustained market growth. We are now experiencing 20%-30% drawdowns on an almost monthly basis. Although the overall macro trend remains bullish, we see an increase in the number of liquidations by traders who over-leverage themselves.<blockquote>非政府组织：比特币的调整正变得越来越明显，尽管这对于市场的持续增长至关重要。我们现在几乎每月都会经历20%-30%的提款。尽管整体宏观趋势仍然看涨，但我们看到过度杠杆化的交易者的清算数量有所增加。</blockquote> It is important to understand that while leverage opportunities like margin trading or futures offer the potential for more gains, the associated risk is also very high. Be sure that you have time, resources, and lots of knowledge before dabbling in leverages.<blockquote>重要的是要明白，虽然保证金交易或期货等杠杆机会提供了更多收益的潜力，但相关风险也非常高。在涉足杠杆之前，请确保您有时间、资源和大量知识。</blockquote> I highly recommend that people set reasonable timeframes and financial goals that work for themselves and ensure that they do plenty of research.<blockquote>我强烈建议人们设定合理的时间表和适合自己的财务目标，并确保他们做大量的研究。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.thestreet.com/investing/bitcoin/bitcoins-tumble-explained\">thestreet</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.thestreet.com/investing/bitcoin/bitcoins-tumble-explained","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112623830","content_text":"Bitcoin fell dramatically in late April, sinking from its mid-month high of around $64,000 to Sunday morning when it was hovering around $50,000. Here, we talk with Bobby Ong, CoinGecko's chief operating officer, about the move down. CoinGecko is one of the largest independent cryptocurrency data aggregators.\nThe following interview was conducted over email over last week as bitcoin had already begun its decline.\nTheStreet:Despite bitcoin's known volatility, it seems some people were caught off guard by the decline in bitcoin over the past week. Was that just par for the course -- normal volatility -- of something else?\nOng:The recent bloodbath on April 18 saw a record of approximately $9.77 billion worth of futures contracts liquidated in just 24 hours. There was already a massive amount of leverage in the market in anticipation of the Coinbase (COIN) -Get Report initial public offering. The excitement of having the first crypto company IPO also led bitcoin’s price to hit a new all-time high of $64,804.\nHowever, the direct listing of Coinbase also had a lukewarm reception from stock investors. More recently, there was a lot of fear and uncertainty spreading on social media due to various factors, including (rumors of) the U.S. Treasury taking legal action against certain financial institutions for money laundering, which turned out to be false information. Other than that, CNBC was recirculating news about the crypto ban in India, Turkey banning crypto payments, President Biden proposing a higher capital gains tax, and China bitcoin miners losing power.\nThe selloff happened during the weekend when there were thinner order books. With high leverage and thin order books, even a small decrease in price will trigger a sharp drawdown and cause a downward spiral in price.\nNaturally, the market also needs to correct itself, because there were many over-leveraged traders. It is also important to note that bitcoin options expire towards the end of every month, which usually causes increased volatility in the last week of each month.\nTheStreet:Do you see the decline as a chance for people to get into it at a cheaper price?\nOng:It depends on that person and their goals. The profiles of buyers today are very different before, when it was mostly libertarians. Today. it’s U.S. institutions, and soon it will be governments.\nIf the time horizon is more than five years, then there is no need to look at price movements each day. Have a long-term horizon, choose an exposure of your net worth that you are comfortable with, and hold for the long term. We are still in the early innings of bitcoin adoption, and we foresee tremendous growth potential in the years to come.\nTheStreet:What did you make of Coinbase's IPO and subsequent move downward?\nOng:Coinbase had a pretty decent performance with regards to direct listing performance in comparison to other companies. It was just the unusually high expectation from the crypto space with regards to its price.\nThere were also ongoing debates on how Coinbase should be valued, because it operates in a cyclical market and might face increased competition in the future.\nTheStreet:It seems you have two parallel views of bitcoin and other crypto that's not tethered to another currency: One, you have people who want to use it as a currency and for privacy. And, two, you have people who are solely looking at it as an investment. How does the latter affect the former? Can it rise to a point where it's only really useful for investment?\nOng:You are raising a good point here, because bitcoin was originally envisioned to be a peer-to-peer currency for everyone. However, since its inception, there have been various debates in regards to bitcoin’s role.\nI would say its purpose has now evolved to become a store of value and is becoming a viable alternative to replace gold. In fact, this appears to align with China’s stance, as it recently recognized that crypto assets are also an alternative form of investment. This is significant, because the Chinese government has always shunned crypto assets.\nMeanwhile, stablecoins such as USDT and USDC are seeing increased adoption as a form of payment currency.\nTheStreet:Is there anything you want to add?\nOng:Bitcoin’s correction is becoming more pronounced even though it is essential for sustained market growth. We are now experiencing 20%-30% drawdowns on an almost monthly basis. Although the overall macro trend remains bullish, we see an increase in the number of liquidations by traders who over-leverage themselves.\nIt is important to understand that while leverage opportunities like margin trading or futures offer the potential for more gains, the associated risk is also very high. Be sure that you have time, resources, and lots of knowledge before dabbling in leverages.\nI highly recommend that people set reasonable timeframes and financial goals that work for themselves and ensure that they do plenty of research.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":381,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":45,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/374031664"}