Later, the price of Bitcoin rose to five or six thousand, and some myths of getting rich appeared. These people were still hesitant, but some people would take out some money to try and make mistakes, such as two or three thousand US dollars.

After investing two or three thousand dollars, the price of Bitcoin rose to 10,000 yuan. I felt that I had not made enough money, so I continued to make additional investments. The subsequent additional investments would be slightly larger than the previous investments.

The second investment may buy more than 10,000 yuan, which is definitely larger than the first amount.

Then Bitcoin continued to rise, and the myth of making people rich continued to unfold.
So the leeks boldly added to their investment, which was probably larger than the previous investment amount, and they did not buy at more than 10,000 but at nearly 18,000.

At this time, Bitcoin pulled back and fell to 14,000. The leeks boldly bought the bottom. Later, Bitcoin rose to 20,000. While the leeks were secretly rejoicing that their bottom-fishing strategy was correct, Bitcoin fell to 16,000 again.

Given the experience of bottom fishing last time, the leeks will continue to bottom fish. At this time, Bitcoin has actually begun to collapse, and the early profit takers have already cashed out and left.

But the leeks are still buying at the bottom. Bitcoin fell below 16,000, below 10,000, below 8,000, below 6,000, and even below 4,000.

At this time, two situations will occur. Some investors will choose to cut their losses at the bottom of the bear market and leave the market sadly because they cannot bear the pressure.

Of course, there are also a very small number of people who do not move and take advantage of this cycle, and they will make a huge profit.

For the very few people who did not move, Bitcoin has risen to 16,000 this time. After the hardship of the bear market, they have finally been released. Some of these few people may sell their stocks. (It is easy to fall into the trap of selling at the beginning of the bull market.)

There are also some people who may not have sold at 16,000, and the price eventually rose to 20,000. Based on the pattern of the previous cycle, they thought that Bitcoin might fall, so they sold it.

The leeks have also summed up their experience and they must try their best to buy at the bottom during the next bear market. However, they find that the price during the next bear market will be higher than the price they sold at that year. In the eyes of the leeks, Bitcoin will continue to fall, so they may not dare to buy at the bottom.

Ordinary people entering the cryptocurrency circle must go through at least two rounds of bull and bear markets before they can establish their own investment system.

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