The current market is equivalent to July and August 2020.
The weirdest thing about this round of bull market is that BTC reached its previous high too quickly. Normally, it will not reach its previous high until November 2024. The possible reason is that ETFs have driven the rise too fast.
In order to offset the rapid arrival of the previous high, Bingtang Orange may go sideways or even fall for several months. Until the fourth quarter.
That is to say, the real bull market has not started yet. After all, the interest rate cut has not started.
However, the current black swan factors are increasing, and the uncertainty in the cryptocurrency market has skyrocketed. What should we do next?
BTC fell by less than 2%, and other cottages were in disarray. Every morning when I woke up, I was panicked and smashed the market. I looked at where my spot fell again. Now it seems that getting back the money has become a luxury.
The market has been too difficult and too painful recently. BTC has fallen for half a month, and many cottages have fallen by more than 30%.
According to the plan, we are waiting for the rebound this week to reduce our positions, but there is no rebound at all, so if we make a rational judgment, we will reduce our positions to 30%, and then we will only use 30% of the funds to play well, and wait for the panic to be released. If the market continues to fall, we will enter the market again, and we may be able to buy more coins (if the coins you hold have been cut in half, then don’t take risks, it won’t fall much, and you can’t buy much)!
If your copycat is trapped, observe the market trends patiently, study the strong and popular coins more, and see how the market develops. Unless you firmly believe in its value and the dealer, there is no need to make yourself so uneasy and anxious.
Looking back at history, everyone finds that it is too easy to make money in the currency circle. There is a bull market every 4 years, and it is an extremely stable rule. You can make money with your hands. Isn’t it enough to buy the bottom in the bear market and sell it in the bull market?
Then when you are in history, after Bitcoin completes the fourth halving on April 20, 2024, it has always been hovering between 60,000 and 70,000, and then a lot of people shout that the bull market is over.
After a few years, you will find that the bull market still maintains the rule of once every four years, but you still don’t know why most people can’t make money.
Finally, if you are a complete novice and you are excited to rush into the cryptocurrency circle when you see BTC hit a record high, then I suggest you follow me first, learn the knowledge of the cryptocurrency circle with me, and improve your basic skills. Only by laying a solid foundation can you go further.
#IO #NOT #BOME #BTC #ETH🔥🔥🔥🔥
