2025-12-30 04:22:06

Recently, there has been a popular consensus in the industry: by 2026, both BTC and SOL could reach new all-time highs. The logic supporting this view is not complicated—traditional financial institutions are accelerating their entry, and regulatory frameworks are gradually being clarified. These factors have indeed changed the market fundamentals.

However, behind this optimistic tone, there is a more practical issue that needs to be addressed.

Looking at the series of liquidations in October makes it clear that leverage is like a double-edged sword. Many people think they can amplify gains by increasing leverage, but in reality, market volatility can wipe them out directly. This is the first crucial lesson to remember—stay away from leverage.

The second often-overlooked pitfall is tax issues. Cryptocurrency trading is frequent, and profit mechanisms are complex, but you can't avoid paying taxes. Waiting until the end of the year to report can often lead to higher costs. Therefore, it’s important to develop a habit of quarterly self-audits now.

Those who can survive long in this market do so by keeping it simple: hold spot assets, stay away from contracts, and keep some cash on hand for potential buy-ins. The market is still digesting the impact of the previous sharp decline. Short-term fluctuations are inevitable, but the long-term logic remains intact. Opportunities are always reserved for those who survive.

BTC0,75%

SOL0,55%

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CascadingDipBuyer

· 3h ago

Leverage is really a poison. The group from October was directly wiped out, and I'm still regretting it. --- That's right, surviving is more important than making money. Those still going all-in are all gamblers at heart. --- Tax issues are indeed easy to fall into traps. My friend was burned by it, and by the end of the year, the reporting doubled. --- Hearing about new highs in 2026 sounds great, but the premise is to survive until then. First, protect the principal. --- Holding spot positions is fine; those who constantly watch K-line charts have long lost their minds. --- The idea of adding to positions is tempting, but in practice, very few can grasp the right timing. --- The most realistic truth in the crypto world is that 90% of people can't make money; they all die from leverage and greed.

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MoonBoi42

· 8h ago

Well said. I saw firsthand how many people got liquidated during the October liquidation wave. Playing with leverage is really just courting death. Holding spot is the real way to go; don't mess around with those flashy tricks. Tax issues have indeed been overlooked. It's too late to realize this only at the end of the year. Surviving is the most important thing; making money is a later story. Leverage is truly a tool for cutting leeks; I've seen too many liquidations. 2026 is still early; let's focus on surviving until then. The crypto market is really a test of mentality; don't be scared out by the volatility. Cash reserves must be kept; opportunities to add to positions come unexpectedly. Watching contract price fluctuations every day is less reliable than honestly holding spot.

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MetaMasked

· 8h ago

Leverage players suffered heavy losses in October, to be honest, surviving is the real priority.

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MEVSandwich

· 8h ago

That wave of leverage was a truly bloody lesson; countless people were liquidated on the liquidation list. Tax issues are indeed easy to mess up; waiting until the end of the year to file corrections can lead to heavy penalties. Honestly, you can only make money if you're alive; don't always think about going all-in at once. Hold onto spot holdings; everything else is just floating clouds. Forget about 2026 for now; let's get through this winter first. Where are those who used 10x leverage now... probably submerged. It's good to be optimistic, but first, we need to survive, brothers.

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TokenomicsDetective

· 8h ago

Leverage is really incredible. The liquidation wave in October was shocking to watch, with many people losing everything, which is completely not worth it. Spot trading is the way to go, it's stable, just hold on, no need to rush. The point about taxes is spot on. Many people haven't even thought about it, and if you really need to report later, it could scare you to death. As for 2026 and such, let's wait until next year to talk about it. Don't think too far ahead. I don't even look at contracts; it's too easy to get liquidated. This is the difference between retail investors and professionals. A slight change in mindset and it's all gone. Short-term fluctuations are normal; long-term is the truth, but the premise is that you survive.

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MevTears

· 8h ago

The October liquidation wave was shocking; leverage is truly deadly. Don't bother with so many tricks, holding spot assets and sleeping peacefully is the real way. Taxation definitely needs attention; otherwise, the year-end correction will be really painful. A new high in 2026 sounds good, but surviving is the hard truth. Leverage players are mostly out now, only true warriors dare to add more. Institutional entry is a positive sign, but for retail investors, it's better to stay cautious. During the liquidation wave, many people were directly forced out; I just watched from afar. Hold onto spot assets, keep enough bullets; why is it so hard for so many people to understand this simple principle?

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