Many people are anxious recently, but I don’t think it’s necessary.
Take brc20 as an example. I will treat you as a newbie who knows nothing and doesn’t know how to mint inscriptions on the chain.
When the community started to fomo and the inscription track began to gradually heat up, you bought a meme coin rats. You didn’t know the reason, just because someone was shouting rats and knew that the rats community was very active. You bought it and didn’t care about it. You put it in your web3 wallet.
You heard that the inscription market rose sharply, and you logged into your wallet with worry, and found that it rose dozens of times, and you just left it in the process.
If you continue not to reduce your position and hold the bull market, when the third wave of brc20 breaks out, it may become 200 times or 1000 times the profit.
Isn’t your 150,000 to 2000w too easy?
The current situation is that you are still unsure after buying
Because you don’t know what brc20 is, and don’t know what the coins in your wallet will reach in the future, and where the market value will be
You open your wallet countless times every day, and when you see that your funds have doubled, you want to cash out and leave. You successfully sold all the brc20 inscriptions and made double the money and were very happy
But the next day you found that this thing has risen several times again, and you sold it at a high price. You feel that you have lost a lot of money. Looking at the hot market that is still rising, you can’t help but buy it back at a higher price. Back and forth, your hands are On the third day, you open your wallet and find that the market has pulled back. You see that the coins in your wallet have fallen by 40%. You feel a mess. You want to open your wallet every few minutes to check the value of your assets. You are struggling and panicking every moment whether to sell your assets. At this time, you browse the media and see several articles that are bearish on BRC20. In a panic, you quickly place an order to sell the coins in your hand. Looking at the market that is still falling, you are happy that you are out of the market... You find that after a round of pullback, you can't get on the bus at all. Do you still want to get on the bus? You have completely lost confidence. After 150,000 yuan, you only have 50,000 yuan left. In fact, this situation is the real situation of most people. Your cognition, your mentality, and your concentration all determine how far you can go. Can you hold on and not sell? Can you hold on during a pullback? Therefore, improve your cognition and temper your character. Only in this way can you make big money in this market.