The logic in a bull market is very simple: a decline is to enable a sharper rise, just like a rubber ball being hit to the ground; its bounce height depends on the force of the hit. Moreover, in a bull market, declines always have a limit; once it crosses the line, it is immediately pulled back by the market's elasticity mechanism. This is called a pullback; it is a law, not a suggestion.
As for a bear market? Sorry, the ball has lost air. Each rebound is lower than the last, and over time, it's hard to even jump up. So in a bull market, don’t recklessly hold cash and worry about declines, thinking 'to remain motionless is to control all movement.'
Holding cash every day is the safest option, but the question is, isn’t the purpose of coming to the market to engage? There’s a risk of a plane crash, but it’s better to fumble around on the ground, at least you can enjoy the scenery.
As a seasoned cryptocurrency investor, I, Tu Fei, share my experiences and insights. Interested in the cryptocurrency space but don’t know where to start? Click on my profile to see the introduction to Zhuye, and let’s witness the moment of miracles together.