Market corrections, panic emotions spreading.
Many people say the cryptocurrency market has crashed; I thought Bitcoin was halved, but when I looked at the market, it was just over a 2% drop, and Ethereum was down 6%.
I turned off my phone again and continued to take a nap.
If you can't handle this level of decline, then it will be very difficult for you to make money in this bull market.
A bull market does not only go up without going down; there will definitely be many times when there is a sudden drop in the middle of the night, followed by a rise, repeating like this.
If you can't manage your emotions and mindset well, then it will be really hard for you.
Investing in the thirteenth circle is spot trading, and these are all leading value coins. These coins are indifferent to fluctuations during the bull market cycle; as long as you don’t panic sell during a downturn, you will definitely make money.
Don’t think that someone predicting this decline is impressive; you can go to the square and see that during this bull market cycle, countless people tell you every day that a crash is coming.
This time it just happened to coincide.
In the cryptocurrency market, don’t rely on fortune tellers; don’t predict the future.
As long as the fundamentals do not change, you should eat, eat, eat, and drink, drink.
If there’s a continued correction, I will just add to my position.
Some people even predict the points of the correction in advance; why don’t you just open a 100x short position?
In the cryptocurrency market, you must not place your hopes on fortune tellers; honestly managing risk and holding spot assets against the major trend is key.