Will the bull market in 2024 come like a raging fire? This topic has been floating in our ears like catkins in the spring breeze since last year, and someone asks with longing every once in a while.
Looking back, in April, people predicted with hope that a full bull market would start, but the market chose a downward journey. In July, after the downturn in May and the bleakness in June, many people firmly believed that July would be a turning point for the market, but the reality was disappointing again, and the decline continued until the end of August. The reduction in stamp duty at the end of August should have been a booster for the market. Countless voices shouted that the bull market was coming, but the market continued to go its own way and continued to decline until October.
Now, with the news of the US interest rate cut, the market should be excited, but surprisingly, the haze of the decline has not yet dissipated. If you are still enjoying guessing the next step of the market, then please continue, but please remember that this is more like a game with no end.
In the turbulent sea of the cryptocurrency world, it is easy for us to get lost. You may think you have set up camp at the bottom, but suddenly find that it is just a short rest halfway up the mountain; you may think that the halfway up the mountain is low enough to see the outline of the bottom, but you never expected that there is a bottomless basement below; and when you believe that the basement is the end of the abyss, you are surprised to find that there is a wider "eighteen layers of hell" hidden below.
Therefore, recognizing the situation and ourselves is the only way for us to navigate in this sea. We enter this market to pursue a better self, not to blindly follow the trend. Formulating a clear investment plan, clarifying when to enter the market, when to leave the market, what assets to choose, what strategies to adopt, and how to effectively manage risks are the keys to success.
If you are always led by the market fluctuations and frequently fall into the vicious circle of chasing ups and downs, then perhaps you need more timely market information and more professional investment strategies. For more details, please click on my avatar and let us explore a broader road to wealth together.