I'll tell you a little about how many of you, and perhaps you too, will fly out of the market ahead of time, after many months and even years of sitting in a drawdown or at zero.
The most important thing in any market is a stable psyche to any events. For example, you bought a coin for $5,000, after which it fell and now you have $3,500 there. What does an ordinary baboon do? That's right, he sells at a loss to save at least something. Then he looks for how to get his money back and runs to futures.
A slightly smarter baboon waits to go into the BU, and then looks for something to invest in to make money. And yes, sometimes it is possible to take at least something off the market. But as a rule, it is pennies and not income.
The baboon is even a little smarter, takes everything at x2. In this case, it doubles its deposit, and possibly reinvests further. But as a rule, without success, because there is no constant luck.
More experienced, but afraid of big risks, sell their entire portfolio in a bull market at x3-x5. And exit the market crossing themselves. Everyone I have described so far is 90-95% of people in any market, not just crypto.
And what do investors do then? It's simple, real investors feel the market phase, the market mood, what stage it is at now. They create long-term portfolios, wait for all the troubles and falls, buying them off. Studying the market and projects, minimizing risks. After which they wait for a real bull market, all over the world: the stock market, the crypto market, and other markets. Then, when money is printed. Then, when there is faith in a bright future and euphoria in the world.
And to understand all this, you need to study and seriously approach the issue of investing. But do not give in to emotions and do not make hasty decisions without studying the issue from at least two sides.
This is how real players act in any market. And these are the 5-10% who make fortunes here. Perhaps many of you will say: What are you saying, big deal, just wait, it's so easy. This is all you described, I'll do it in no time. Big deal.
Well, well, come on. At the first fall and negative news background, you will go into depression. And when the market allows you to take back your investment, after many months of being in the red. You will thank the market for such an opportunity. If you also take back x2, in general, if the market had an ass, you would kiss it.
Those who really came here to earn money, treat the money they invested as candy wrappers. The main thing is to have coins or shares, a portfolio, and treat the portfolio as a collection of valuable coins. Which are cheap now, but if you have patience, wait and do not rush with spontaneous sales, such people get all the cream of any market.
As the saying goes: A good investor is a dead investor.