Facing the volatility of the crypto market: from the beginning of the bull market to the bull market, how should we look at it?
In the cryptocurrency market, we often hear discussions about “bull” and “bear” markets. Some people excitedly predict the arrival of a bull market when prices rise, and pessimistically believe that the market has entered a bear market when prices fall. However, the real bull market is not that simple. It has its own unique characteristics and performance.
Investors who have experienced two rounds of real bull markets know very well what a real bull market is like. In that case, almost all currencies were rising rapidly, constantly setting new all-time highs. Whether it is a newly issued currency or an existing currency, its price has reached astonishing heights, beyond people's imagination. Even more surprising is that even at such a height, funds are still flowing into the market.
So, what do we make of the current cryptocurrency market? While there has been some volatility in the market recently, we need to realize that this is only the early stages of a bull market. The real bull market is yet to come. Therefore, the key for investors is to keep a cool head and firmly hold the chips in hand.
In the cryptocurrency market, there is no forever up or down. Price fluctuations are the norm in the market, and investors need to learn to adapt to such fluctuations. We cannot blindly call "cow" or curse "bear" because of temporary ups and downs. Instead, we should study the market in depth and understand the dynamics and trends behind it in order to better grasp investment opportunities.
