OneKey Founder: Avoid Leverage and Debt When Betting on the Cycle Bottom

on November 15, according to a post by OneKey founder Yishi, recent drops in the crypto market have caused losses for many investors. He noted that market clearouts and liquidity dry-ups have occurred across multiple cycles.

Yishi stated that while maintaining confidence in Bitcoin's future, strict adherence to risk discipline is required. He advised investors to avoid using leverage or borrowing to bet on cycle bottoms, stay away from altcoins and get-rich-quick fantasies, and maintain core spot positions along with sufficient cash flow for living expenses. He emphasized that in severe market conditions, survival should take priority.