In the cryptocurrency world, following the trend is the primary principle of investment. When the market is on the rise, the success rate of our various strategies, coin selection, and timing abilities significantly increases. Even if the strategies and timing abilities are not perfect, it is still possible to make profits from upward trends in a rising market.
Furthermore, if we determine that the market is steadily rising, the mindset of holding positions will be more stable, and one might even dare to buy at low points, thereby reducing holding costs and maximizing profits. Conversely, if there is no clear judgment on the market trend, the mindset of holding positions will be turbulent, making one prone to overreacting to minor fluctuations, leading to distorted operations.
Additionally, the judgment of cycles provides important references for subsequent operations. In a bull market, all buying and selling operations should be heavily weighted and concentrated; in a bear market, all buying and selling operations should be lightly weighted and diversified. #美国大选前行情观察 #牛市赛道是那条?