**Avoid Trying to Catch the Bottom**
Today, nearly the entire financial market is experiencing a significant downturn, and cryptocurrencies are no exception. So, have you bought in to catch the bottom yet?
From my perspective, during bearish phases, the market typically rebounds before falling further to find a new bottom. This is why I only buy when the price moves sideways and consolidates for several months in a row, which is the best strategy to minimize risk.
However, if you still want to try catching the bottom, you could aim to catch the rebound. But this approach will often leave you worried about cutting losses early and taking profits prematurely. Overall, this investment method can impact your long-term investment vision.
Having been in this market since 2017, I have experienced many instances of the market dropping by 30 to 50% in a single day. I've grown accustomed to the feeling of loss. To me, the financial market is characterized by its ups and downs, with periods of growth and decline. Nothing rises forever, and nothing falls forever. Patience is key; the winners are those who can manage their emotions in financial investing.
