The currency world has been in shock for 100 days. What happened to those who got rich suddenly, plummeted, and had their positions liquidated?

Recently, the currency circle has experienced ten days of liquidation. The currency market has experienced great turbulence in the entire three months, which has really shocked investors who have suddenly become rich, plummeted and have liquidated their positions. long time. As the currency circle continues to decline, some investors have quietly sold all cryptocurrencies and then exited the currency circle. 1. 100 Days of Turbulence in the Currency Circle

At the end of 2020, there was great turmoil in the Bitcoin circle. By February of this year, the cryptocurrency market ushered in a bull market, which suddenly joined the market. A wave of capital tycoons, ordinary investors and crazy players turned the turbulent waters of the currency circle upside down in just 100 days. The method of money speculation that young people are keen on has also changed from funds and stock speculation in the past to buying virtual currencies. These investors are trying to get on top of the trend and make a fortune through cryptocurrencies. 2. What should investors do amid the turmoil in the currency circle?

Most investors enter the currency circle by investing a small amount of money in the bull market. However, with the growth rate of Bitcoin and the continuous appreciation of currencies in other currency circles, investors' Enthusiasm was also aroused, so they invested a lot of money in the cryptocurrency market, but the bull market came and went even faster. Beginning on May 19 this year, cryptocurrency began to plummet, with 580,000 people liquidating their positions within 24 hours, with the total reported amount reaching US$6.91 billion. At the same time, cryptocurrency is very liquid, which leads to the bubble behind its risks getting bigger and bigger. Some people will get rich overnight, while others will lose everything. 3. Cryptocurrency plummets, what should investors do?

Cryptocurrencies began to plummet on May 19. At this time, many investors found that their accounts were liquidated instantly. Among them, Ethereum fell below the $2,000 mark, and Dogecoin only had At a price of US$0.3 per coin, the currency circle was in mourning. For the first time, investors felt the cruelty of the currency market. As for this plunge, there were already signs before. Market sentiment gradually declined a week after the Bitcoin price plummeted. Investors quickly fell after a brief wealth carnival. Where should investors go in the future? Some investors say they will no longer touch virtual currencies, while others have a wait-and-see attitude. However, no matter what, they still need to be fully prepared to withstand the fluctuations in the currency circle again and again.