Although, I believe that Bitcoin has broken through the lower track of the convergence triangle at 66K, the corresponding Shanzhai has fallen by half or 30% from the high point. Moreover, I still think that#Bitcoinstill has room to fall.
Someone asked: Is it appropriate to reduce positions and buy back at a low price at this time?
It stumped me, really stumped me, and I can't answer this question.
In this wave of market, the big cake did not fall much, and the Shanzhai almost collapsed, which did not give retail investors a chance to escape, and made us cut leeks. Now shipping is undoubtedly to make the leeks real.
On April 14, #GCR, a short-selling genius, went from 1000U to 100 million US dollars in assets. After disappearing for half a year, his first tweet after returning was:
Hold on! I don't want to see my partners fall before a bright dawn.
However, Bitcoin's break means there is still room for decline, and Shanzhai has been cut in half. It doesn't make much sense to cut or not, it's just to feel better psychologically. Chicken ribs are: tasteless to eat and a pity to throw away.
It is uncomfortable to continue holding, and it is also uncomfortable to reduce positions and sell at a loss. If you believe that the bull market is still there, you will experience another 2-3 months of darkness, and after 3 months, dawn will come.
