Today someone asked me, if I recognize the value of Bitcoin, why don't I hold it for more than ten years?
In the cryptocurrency world, there are indeed many people who do not care about price fluctuations, regardless of bull or bear markets, and are determined to hold.
But for me, it's currently not feasible, not because of a mindset issue, but due to objective conditions.
If I had several hundred million in assets and could spend tens of millions to play with Bitcoin, I would definitely be able to hold it for ten years.
However, I am currently alone, and I have many future needs, like buying a Xiaomi Su7, or buying a house...
My personal financial strength is not very strong either...
I am just a retail investor in the cryptocurrency world, just like everyone else, and the limit of what I can do is to invest through bull and bear cycles.
Moreover, I believe this is the best choice for retail investors to maximize profits.
After all, the bottom of a bear market and the top of a bull market can still be judged well based on my investment experience.
In the last bear market bottom, I accurately predicted it in my articles, and this time I have also made predictions for the bull market top, which should not be too far off.
When it reaches the appropriate point, I will start taking profits and will not pursue catching the very end of the trend.
Then I will just write articles daily and chat with everyone about the market.
I will wait quietly for the bear market.
Then I will operate in the opposite direction to make another profit wave.
Of course, this operation will be much more difficult, and I will inform everyone in detail within the community at that time.
No matter how we operate, we must invest with the lowest risk combination, as long as we can make a profit, we do not seek to get rich overnight.
In fact, in the cryptocurrency world, as long as the operations are done properly, it is much better than being a wage worker.
But working is the fate of most people, it is the source of funds, although it is little, it allows one to survive, even if the gains are not very dignified.
However, in the cryptocurrency world, if one’s mindset and experience are not in place, not only can they fail to make money, but they will also lose a lot of money.
Therefore, I advise everyone, never quit your job during a bull market in cryptocurrency; when the bear market arrives, you will find that there is no way forward in life.