Now many friends have a pain point: I still have positions and want to get in, what should I do?
Currently, the market is in a bullish cycle. According to Shisan's experience, when the market goes up, it is also the time of highest risk, so you definitely should not chase the high.
The most important thing is to adjust your mindset. You have two choices:
First, wait for a pullback.
At this time, you can only pray that the market will pull back to give you an opportunity to get in; do not take off directly. Generally speaking, the possibility of taking off directly is low.
The market might give a false impression of taking off, and then when everyone is excited, it pulls back. However, at this position, the bottom has become 69,500, or the lower limit of 65,000 might be the extreme.
It is almost impossible to return to our concentrated entry position around 60,000.
Investing in cryptocurrencies is a long-term process. If you missed the best entry position this time, think about why. Summarize the lessons learned: what affected your delay in entering? Shisan has been shouting until his voice is hoarse, yet you remain unmoved?
With increasing investment experience, next time, you will surely seize the opportunity.
Second, enter from the right side.
Usually, we like to predict the market and then buy at the bottom. This is often a left-side entry, which is actually very risky but also has high returns.
Now, the opportunity for left-side entry is gradually disappearing; next, you can only choose to enter from the right side.
If Bitcoin thoroughly stands above 70,000, and at this position, more than 700,000 chips are accumulated, it indicates that the upward trend has been established.
This position is the bottom, so choosing the right opportunity to enter is a very wise choice.
However, many people cannot get over that psychological hurdle. After all, Bitcoin once stood at 5xxxx and even 4xxxx, right in front of me, and I did not seize it. Only after losing it do I regret it. If God...
There was once a Bitcoin at 15,000, and Shisan did not go all in; should I also regret it?
Investing is a process of balancing returns and risks to make the optimal choice. Never be overly anxious about gains and losses.