Some people say that if they are trapped, they will hold long-term, but we know that the outcome of many long-term holdings in the cryptocurrency circle is negative 99%. Although a few can rise back or even higher, the most well-known in the last bull market are ada and doge, which have fallen by 99% and recovered to create miracles.
Looking back at the last bull market, not many people could do it. The choice of currency is also a problem. Maybe the times have changed and the fundamentals have changed. Some "chosen ones" ended up in a dismal end. For example, who can say that those who choose Luna to lock up their positions have bad vision? After all, the height of the return is unparalleled in the bear market. Who would have thought that a hundred dollars of something could have countless zeros in front of it in less than half a month? If you say you are a long-term investor, won't the grass on your grave be several meters high...
Because human nature refuses to admit mistakes, some people will rationalize their mistakes. When the trend moves in an unfavorable direction and there is a certain loss, more people will suddenly decide to hold it for a long time, and some will continue to add chips as the market falls. This is why you often hear people say that they are waiting for the end of the market at the top of Mount Everest, collecting small profits but letting losses grow bigger and bigger. They used to lose a few points, but finally lost dozens of points.
Of course, this is a wrong behavior that occurs at the beginning and middle of a bear market. At the end of a bear market, if you buy in batches, as long as you allocate funds reasonably, the more the market falls, the happier you will be. However, it is not suitable to bet all your funds on one thing. Although things like Luna are rare, once you get caught, there is no recovery.
Whether the market is rising or falling, the choice of currency is the same. The goal is to choose the strongest one, which will not fall much in the falling market or easily reverse, or even rise. Only such one has a high probability of becoming the highlight of the next round, rather than buying everything because it is cheap. Only such one can get a relatively greater return. The weak one will catch up or suddenly become the focus, which is only a few legends.
The weak ones will only have a high probability of making up for the rise when there is overflow of funds in the bull market. When the main force has finished rising, the copycats are rising wildly, and the air coins are flying all over the sky, it is a sign that a market trend is about to end. It presents a crazy rise in a short period of time, but the stay time at the top is very short, and finally a lot of people are trapped at the top of the mountain. This is because the main force only eats for a period of time and then runs away. Retail funds rush up and then collapse very quickly as soon as they start running. Similar to the zoo during the 5.19 period, "shi" b will fly.
