Yesterday, the market experienced a wave of decline on June 18. In fact, Bitcoin did not fall much, but the copycat stocks plummeted. This trend is actually very uncomfortable. The dog dealers are just disgusting people and prevent you from making money where you want to make money.
1. Think from the perspective of the main force
I actually never understood why people are so worried about missing out. Is it that easy to miss out? At this stage, it is obvious that there are very few people who make big money, but there are a lot of people who make copycats. Because the copycats fall a lot, there is a lot of room for rebound. Even a leek who has just entered the circle understands this, how can the dog dealers not understand it? Therefore, the trend of copycats is a death spiral, pulling some to lure more, and then plummeting, until retail investors are almost deeply trapped and lose all their principal, the dog dealers will stop.
Moreover, at present, most of the altcoins have fallen a lot, but the big bitcoin is still at a high level. Everyone thinks that the altcoins have reached the position, but at this position of the big bitcoin, I can only say that the risk is too great. Even if the altcoins seem to be at the bottom, do the altcoins have a bottom? Therefore, once the big bitcoin plummets, the altcoins will definitely be in a terrible state.
2. Cycle conversion is not that fast
When the market is rising, many people always shout 80,000 or 90,000. In fact, I really want to ask, why? Why is it 80,000 or 90,000? This position is pulled up, obviously most retail investors want to make money, is it possible? No matter what trading market, retail investors are destined to be runners-up, and retail investors are destined to give money to the dog dealers. Will it make you money if it rises to 80,000 or 90,000?
The start of a market in the cryptocurrency market is very slow. It always takes a long period of accumulation to happen. Bitcoin at this position is completely inconsistent with the trend of skyrocketing. The market is obviously selling out again. After the decline, there will be a period of extremely boring accumulation. After this series of events, the mood of retail investors will be exhausted, and the market will have a big upward trend. Therefore, we must have a concept of the market cycle.
Finally, whether trading spot or contracts, you can only make money in a trending market. In a volatile market, losses will always be greater than profits. The best way is to patiently wait for the big market to come.
