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OneKey Founder: Stay Away from Leverage and Altcoins During Market Shakeout, Hold Firm to Bitcoin Spot Positions

Nov 15, 17:54

November 15 — OneKey founder Yishi posted on social media that financial markets never trade on yesterday's sentiment, but on expectations of future consensus and liquidity. Recent BTC price action has disappointed many investors, and the entire crypto market has generally fallen into a state of exhaustion, with some investors suffering severe financial losses and portfolio drawdowns. But now is precisely not the time to succumb to despair. Market shakeouts and liquidity droughts are part of cyclical evolution — similar phases occurred in 2015, 2018, 2022, and 2026, and even if BTC were to fall from $1 million to $500,000 in the future, the market could repeat this process. Core assets with genuine long-term value often establish their position when market attention is at its lowest and sentiment is at its most pessimistic.

Investors should avoid using leverage and high-risk debt to bet on cycle bottoms, stay away from altcoins and get-rich-quick fantasies, stick to core spot holdings, and maintain sufficient cash flow to safeguard normal living. BTC often completes market shakeouts through extreme despair, and only when market sentiment is completely frozen can the next rally begin. In a brutal market environment, survival is always the top priority, and time will ultimately filter out the investors who can truly endure a full cycle.

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