Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Liquidity is the lifeblood of a bull run.
Every time a bull run begins, there is a monetary easing (interest rate reduction) policy that fuels it, leading to widespread investment becoming a trend.
But if the market is overly leveraged, even interest rate cuts will be powerless to turn things around.
The appropriate skepticism and caution of the crowd are beneficial for the long-term operation of a bull run, but the fear is that the crowd will unanimously leverage and overdraw future Liquidity.
Excessive leverage is the first principle of the downward reversal in a bull run.
Excess returns come from crowds going east while you go west. Buy when everyone is in panic, and be cautious when everyone is leveraging.
It is impossible to make big money by not going against the crowd. #美联储降息25个基点 #BTC战略储备市场影响 #XRP ETF上线