The inscription market eths fell from $14,000 to $9,900 per piece, and ordi atomarc sats also fell
Except for Bitcoin and Ethereum, most of the altcoins I bought have fallen.
At this time, you will definitely have an idea that if you had reduced your position a little bit at the beginning, you could buy more now.
You can buy more ants, mice, and rats with inscriptions. This way, you can earn at least 30% more.
Newbies usually have this illusion, and experts also usually increase or decrease their positions in this way.
I consider myself an average player, so I can simply say one word: buy
If the price drops, buy more if you have money; don’t buy if you don’t have money; if you don’t have much money, invest regularly and buy.
Now we don’t know the result and who will gain more. When the bull market comes, we can compare the results to see who gained more, the experts, the novices or the ordinary people.
Everyone is waiting to see whether the ETF will pass. What will happen if it passes? What will happen if it fails?
So in fact you can prepare for the worst, if the market doesn't go through it, it will definitely fall.
So how much can the market fall? In fact, the fake news that day has already helped us test it, and it is basically in the range of about 10-30%. Anyway, I can accept this range.
Of course, if you are an expert, then you can predict the failure, then you can sell it first and buy it back later. You will earn 30% more than me. But I am not good at making judgments, so I can only sit still and wait for the bull market.
Someone asked me, if you are sure that the price will fall, will you sell it now? Damn, only a fool would not sell it, of course I would sell it, not only sell it, I would open a short contract to make more money, but if is only if. I am afraid that I guessed wrong.
So suppose we guessed wrong, and you sold it now, and the ETF passed, and the market skyrocketed, starting to pull up to 48,000. The copycat directly pulled up 50-100%. Then at this time, do you buy it back, or wait for it to fall and buy it? What if it doesn't fall to the original position? Is it chasing high, or missing out? People who do this are definitely more anxious than me.
I buy things when I make money every day, eat, drink and have fun every day. I do small tasks, play games, watch TV and read online articles when I am tired.
My income may not be better than theirs, but my mentality is definitely better than theirs.
After so many years, I don’t feel anything no matter how much the market goes up or down.
I also discovered that the key to keeping hold of coins is mentality.
I have also sold many good targets before. Didn’t I sell Ordi and SATs? These were real mistakes.
So in order to make up for these mistakes, the only way is to buy and not move. If you buy and don’t move, there will be no other mistakes.
By not moving in this way, I reduced the error to just one: that is the error of choosing the wrong label.
Well, that's a matter of the industry project itself, and it's beyond my control.
For those friends who play inscriptions, in November, their accounts will have hundreds of thousands or even millions of dollars as soon as they start playing.
I opened it today and saw that it was 40% less. That means something.
In fact, all the money you make is not earned by yourself, but given by the development of the industry.
When liquidity is insufficient, your money will go back the same way it came.
If someone is really that good, then it should be that regardless of the bull or bear market, the assets are like this
The bull market grows fast, the bear market grows slowly, or in other words, the retracement is much less than the overall market.
Bitcoin is the market Bitcoin, which has retreated 4.2% from $45,870 to $43,900. Inscription's retreat is 40%.
If you can't even beat the Bitcoin stage, then what's the point of all the trouble?
Of course, you will never win in the long run.
This is enough to prove that most people do not have foresight. They run away at high points and pick up at low points.
If you realize this, then you can be like me and do Tun Tun Tun.
You should not sell at a high price and buy at a low price.
Except for practicing selling in a bull market.
I think the inscription sector will definitely rise in the bull market, and it would not be an exaggeration to reach 100 billion US dollars.
There are other altcoins and air coins, and a very small number of them will temporarily outperform Bitcoin in the bull market.
But the prerequisite is that you have to hold on to it and not make mistakes, but too few people can hold on to it.
And there are many people who bought Bitcoin and held on to it.
In fact, the A-share CSI 300 Fund has outperformed the S&P 500 in the past decade.
But, the S&P 500 is rising slowly and steadily, and you can hold on to it.
The CSI 300 Fund soared, and you bought it at a high point, but you couldn't hold on to it, and you still hold on to it even after it fell. Then it soared again.
Good stocks rise steadily and slowly, while copycat stocks rise sharply and then fall sharply.
And the time it takes to fall is much faster than the time it takes to rise.
Many people are reluctant to give up on copycat stocks because they think they have lost a lot of money and will sell them when the stock price rises a little.
As a result, there was no looking back and I ended up cutting my losses.
The market allows most people to make money, but it will also tempt you to make mistakes.
But making mistakes is ultimately your own fault, not the market's fault.
If you can resist making mistakes, you will definitely make money in this market.
Those who hoard coins have no smart hands at all.
