📉Many people are concerned about when they can buy the bottom?
In the cryptocurrency circle, there is usually a strong cycle of four years: the bull market is short and the bear market is long, the bull market is about one year, and the bear market lasts two or three years. The current environment does not have the basis for a bull market, so it is not suitable to consider buying the bottom now.
From the perspective of the time cycle, the bear market may continue until the end of 2023 or the beginning of 2024, when there may be an opportunity to enter the market. However, the specific situation depends on the progress of the market.
The current economic environment is not optimistic, the liquidity of risky assets is poor, and Bitcoin is also in a bear market cycle, which is undoubtedly worse. In this period of depression, cash is king. Make more money, accumulate principal, and prepare for a new round of super bull market.
Reduce unnecessary expenses. At this stage, the one dollar you spend may be dozens of dollars in the bull market. And the ten thousand yuan you earn now may be hundreds of thousands in the bull market.
As an investor who has been struggling in the cryptocurrency circle for many years, I am willing to share my experience and insights with you. If you are interested in the cryptocurrency circle, but don’t know how to start, you might as well follow my homepage to explore the mysteries of the cryptocurrency circle and future possibilities together. Click on the avatar to learn more! 🌟
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