Four things to do when the halving is approaching
1. If you are already fully invested and you are still convinced that the prospects of the cryptocurrency market will get better and better, then you have to start saving U now. The wisdom of ancient wars is that food and grass must be sent before the troops move. This is also applicable to our modern investment. U is your "food and grass" in the cryptocurrency circle, and its importance is self-evident. In order to ensure that you have enough funds to make arrangements in the market after the halving, you should start to reserve U now in case of emergency.
2. If you are mainly playing short-term investment, your heartbeat will accelerate when you see market fluctuations, then before the halving, you can consider clearing your position first and stand aside to calmly observe the market direction. After all, short-term market fluctuations may have a greater impact on your mentality and investment strategy. It is not too late to find a suitable time to re-enter the market when the market trend is clear. Remember, if you keep the green mountains, you will not be afraid of running out of firewood. Stay calm and invest steadily to laugh to the end.
3. For friends who play contracts, the market will definitely be like a roller coaster before and after the halving, with risks and opportunities coexisting. If you don't want to suffer heavy losses due to a momentary negligence, then you must remember to close the orders in your hands before going to bed at night. It's better to be safe than sorry. Only by taking steady steps can you survive in this market for a long time.
4. Newbies, are you very excited to see BTC break the historical high? Do you also want to rush into the currency circle to get a share? But don't be impatient, impulse is the devil. Before you decide to join this market, calm down and study the knowledge of the currency circle and make up for yourself. A tall building rises from the ground, and glory can only rely on yourself. Only by laying a solid foundation for yourself can you gain a firm foothold in the currency circle and achieve wealth freedom in the future. So, don't think about ascending to the sky in one step, take it slowly, and take steady steps to laugh to the end.
