Opinion: Stay Away from Leverage and Altcoins for Now — Survival Is the Priority in a Bear Market

Odaily reports that OneKey founder Yishi stated in a post that financial markets trade not on yesterday's sentiment, but on expectations of future consensus and liquidation conditions. The recent sustained decline in Bitcoin and the crypto market has disappointed many investors and caused asset drawdowns, but the worst thing to do at this moment is to fall into despair. Market clearing and liquidity drying up are part of cyclical evolution; similar situations occurred in 2015, 2018, and 2022, and 2026 will be no exception.

Yishi advises that investors should currently stay away from leverage and high-risk borrowing, avoid betting on the cycle bottom, reduce exposure to altcoins, and give up the fantasy of getting rich quickly; retain core spot positions while ensuring sufficient cash flow to maintain normal living. During severe market periods, survival is always the top priority, and investors should maintain patience and discipline.