The Federal Reserve has lowered interest rates by 25 basis points. Theoretically, when interest rates are cut, the market usually goes up, but that is not the case; all markets are down.
Why? Because inflation was pushed up during the Trump era; secondly, experts predict that the market will take another year to return to normal. But in my view, to summarize cryptocurrencies: their market value is too small, smaller than that of a large company on Nasdaq.
Just to compare with Apple's market value, Apple's market value is over 3 trillion, while the cryptocurrency cycle is still repeating: every 4 years, after one cycle, it is still repeating.
It's simple, don't trust the news too much; news about rises and falls only affects the big market. Cryptocurrencies often move completely against the trend, and on average during Christmas and New Year's, investors tend to take profits, investment funds and individual investors will also take profits, and I also take profits to rest for holiday shopping.
I have closed many positions, with up to 50% of my assets in TON. This is simply a massive cash flow withdrawal. Moreover, the market needs to experience a crash to create panic.
Many people do not distinguish between holding and trading. Inexperienced and weak individuals will sell all their goods, leading to losses. When the market pushes too fast, they don't have time to buy.
You notice after a crash; it is not always like this, but if you push too fast, you won't have time to buy. Sometimes the market will consolidate. This is all psychological. Those who do not buy will miss the opportunity, but the market will continue to push them forward.
So the best thing, I want to say right away: if you have made a profit, you should still close some positions; do not be greedy. We just need to eliminate greed, and then we will succeed in this market. Eating less is okay.
Recently, I plan to ambush a potential coin that is ready to skyrocket; doubling is quite easy, and I also plan to find some potential coins to hold until the end of the year, expecting a space of more than 10 times is not a problem. If you want to follow, look at my bamboo leaves, leave a message, follow, like, and gold skirt.
