A decline is not a risk, but a process of reducing risk. Risks often arise during an uptrend, while opportunities manifest during a downtrend. Therefore, your actions during a decline will directly affect your mindset during an uptrend. If you are afraid to buy during a decline and instead choose to chase after price increases, you may face the risk of being trapped; once trapped, you often choose to cut losses, creating a vicious cycle.

#Bitcoin Market Volatility Observation

On the contrary, a rational strategy is: to buy in batches during declines and to take profits in batches during increases. Whether investing or trading, it is essentially about selling high and buying low, buying low and selling high. Although chasing prices may bring some profits in the short term, this approach does not have long-term sustainability.

Remember, respect the market, master your emotions, and you can remain undefeated in this volatile market.