The rise and fall cycle and investment strategy of the currency circle
The currency circle, like any financial market, will not rise all the time, nor will it continue to fall. It needs a rapid rise phase to catch up with the market value of gold.
Because of this, it presents a cycle of about four years, and the real explosive growth is often concentrated in 3-4 months. This means that investors may have to wait for four years just for the critical 3-4 months of profit opportunities. If this period is missed, the profit may disappear, or even face losses.
At the same time, the rapid decline of the currency circle is also necessary, which helps to eliminate scams, inferior projects and speculators. The core of the currency circle is efficiency, and it was born to improve financial efficiency. Therefore, it must eliminate those inefficient or ineffective projects.
When the bear market comes, except for Bitcoin (BTC) and Ethereum (ETH), which can be held for a long time, other currencies are not recommended to be kept for a long time. The only two assets that can really cross multiple market cycles may be BTC and ETH. Other currencies are likely to be just runners-up and difficult to stand the test of time.
Now, the best strategy may be to wait and see, and wait patiently for the next big bull market to come. If you have already configured certain currencies, then please remain confident in your choice. You can make appropriate fine-tuning, but try not to operate large positions frequently
