The cryptocurrency market has been falling every day recently. What should I do?
In the past few days, several friends who set up a group came to me for psychological massage
It’s very uncomfortable to see the volatile market
It’s not easy for anyone to endure these days, especially long-term spot.
Last year, Bitcoin ETFs were hyped, and this year Ethereum ETFs were hyped. It’s exactly the same script.
Wait patiently, and hold on if you are trapped
The most difficult time last year was around August. Isn’t it more desperate than now? But now looking back, how many people regret not getting on the train at that time, and I’m glad that I was still investing during that period
Remember that we are in the mid-term wash of the bull market, provided that you have been on the train.
I saw some friends playing with new ecosystems, and they complained when their assets fell. This mentality is very bad.
In May last year, because of the wealth effect of ordi, I began to pay attention to and deeply play the BTC ecosystem.
How was the performance in July and August?
It was a terrible loss.
Occasionally I made some money, but most of the first-level NFTs were losses, including the puppet that made me a lot of money later. I also bought the first-generation Opium at the top of the mountain, and it was cut in half and stayed at the bottom for more than half a year.
The second-level bottom-fishing ordi was also the same. I bought 7u to 3u, and bought it at an average price of 5u, which was about 1% of the circulation. It was cut in half at the bottom and went sideways for several months.
I really want to die. No one in the second-level exchanges on the first-level chain makes money.
But, brothers, have you seen me complain?
I still stick to my point of view:
There will be new things in every bull market, and playing this ecosystem must be better than the old ecosystem. As long as this is a track-level innovation, I will firmly believe in continuing to play. Losses and being trapped are temporary, and the overall return will be good.
You all know the story behind:
ordi 10 times;
Inscriptions have a lot of income;
CKB 3 times, and caught the seal to issue new shares, and the second-level has received 4 times.
Complaining is the lowest form.
Don't be a person who is controlled by emotions
Many people I have met, in their eyes, only cut and be cut, only short-term games, only take profits, I say this, many people will be hurt, so just be hurt. The bull market is coming, it's too late to take it, just be confused.
Calm down, we are long-term players, Bitcoin fell sharply, and there were all kinds of voices in other groups, going to 45,000, crashing, shorting, etc.These are all very impetuous behaviors. We don't have such voices in our group. Why?
We are all like-minded players. The callback in the bull market is not a risk but an opportunity for us. You must understand this truth. Several friends asked me how to analyze the trend. After I told them this truth, they all felt relieved. They should cover their positions and sleep when they should sleep, instead of watching the market nervously
In the bull market, there is less operation. The mentality is very important. Let me talk about my mentality. You should think like this: if it goes up, I should be happy, right? This shows that my decision has been verified; if it goes down, I should be even happier. Why? Because I can get a lower-priced chip
I am very happy that all the friends in the group can have this consensus. I believe they are people who can make a lot of money. This is a mentality and cognition for making a lot of money. If you can't hold on, you will feel uncomfortable when there is a callback, and panic and sell your meat, then it may be that you need an atmosphere, a group of people with the same consensus together, so that you can go further and hold it longer
Stop complaining, summarize your experience, and think more about your underlying logic. If you think you are on the right path.
Then let the bullets fly for a while and be more patient. #DOGEUSDT #BOME #WIF $PEPE $SOL