This weekend, the rise of CFX and ACH can be said to be quite good. A gradual upward trend like this is definitely a positive sign. In fact, facing the current market conditions, I want to emphasize the importance of controlling your actions. It's been tough for the bear market to last two years, and it's not easy to finally see some signs of profit, so don't rush. We are currently only at the tail end of the fish; we need to at least reach the body of the fish. Once the bull market momentum builds up, it will be unstoppable and irreversible, so it's essential to quickly shift our mindset. The thinking of selling high in a bear market should be adjusted to buying low in a bull market! Set a psychological price for yourself and avoid being greedy for short-term fluctuations. If you believe that something has value in the future, hold onto it until it reaches your desired value before selling. If you try to make quick trades during this phase, you might miss out!
The reason I strongly recommend focusing on the Hong Kong sector at this stage is that timing is crucial. At the current price of cryptocurrencies, it is still at a relatively low position. For CFX, even in a bear market, the 0.2 position can be easily recouped. What more can we say now that we are in a bull market? The risk is almost non-existent. Strong coins that should rise have already done so. However, chasing after strong ones at this stage greatly increases the chance of taking losses. Moreover, ACH and CFX experienced a 10-fold drop throughout the bear market. I believe that with this market cap, in a bull market, a bit of enthusiasm can easily bring the price back to previous highs within 3 to 5 days. Since the small bullish line in November, the Hong Kong sector has consistently seen higher prices over the past three months. This trend has been evident over the past two years, and as the Hong Kong Web 3 conference approaches next year, the enthusiasm will gradually increase, and the price will also gradually rise. Therefore, the next 1-2 months are definitely a time to buy on dips! This is my personal investment perspective and thoughts, not investment advice. The market is ever-changing and unpredictable. Without a doubt, I have nearly a million in chips on the table. Wish me luck and good luck to everyone!
$CFX $ACH