There are all kinds of rumors in the market now, and everyone is saying that the market is different now and that a bull market may not necessarily come.
ETH is not doing well, 70,000 is the ceiling for Bitcoin.
Every time the market is bad or good, people always say that this time is different.
In fact, it seems the same to me every time.
Because it is people who play in this market, and people have the same human nature. Human nature has remained unchanged since ancient times. No matter what the world does, human nature will not change.
So it's the same this time.
If you are confused by all kinds of rumors, then there is no other reason. It must be that your position is too heavy or you bought the wrong target.
Then you will look for various phenomena to confirm your point of view, such as the price falling below the 200-day moving average, a death cross, or the US recession.
You will find countless evidences that this thing is not going to work, and then you will actually realize it yourself and clear all your positions.
In fact, in my opinion, making money in the cryptocurrency world is really too easy.
Buy BTC 500 days before the halving, and start selling 500 days after the halving if you want to improve your life. You don't have to sell if you want to hoard coins for a long time.
Try to buy large-cap leading stocks, and invest in small amounts of other stocks, just 1%. For example, 1% of your investment assets is more than enough for inscriptions and runes.
If the price goes up, you will make a lot of money, and if it goes down, it won’t matter to you.
The fundamental reason why you cannot make money even if you buy other stocks and they rise back later is that when these stocks fall to 90%, other stocks rebound, but your stocks do not have any, and you have no money, so you will sell them at a loss to chase other stocks, and then you will be trapped, and then the stocks you hold may rise because of the bull market. You will suffer a permanent loss.
Ultimately, the most important thing is whether you have sufficient cash flow.
If you have been making money and you make 1 million a year, buying no more than 400,000 coins will be spare money for you.
If you earn 1 million and you buy 2 million, overdrawing one year's income in advance, then your position is too heavy. Buying 1 million is also a heavy position.
If your position is too heavy, you will care. If you care too much, you will use too much force, your actions will be distorted, your mentality will be unbalanced, and your brain will make wrong judgments.
Therefore, if you want to get rich in the cryptocurrency world, you should buy less, no more than 40% of your assets.
Especially for those who have no earning ability and only have some savings, I suggest you not to exceed 30%. If you have 1 million, buying 300,000 is already enough.
You may think that this opportunity only comes once every four years. If I miss it, I will have to wait for four years. I must make it in one go.
You are right, but I want to say
The problem is that this money does not belong to you. Your assets are only capable of earning this much money. People should know who they are and how much wealth they deserve.
If you don't have self-awareness, you will insist on betting everything and adding leverage.
If you exchange your life and property for something that does not belong to you, your ending will not be very good.
You may ask, won’t the bull market come? Can’t I just hold on until it comes?
If you must think this way, the prerequisite is to delete all apps, quit all groups, and never look at anything related to the cryptocurrency circle.
If you can, then of course you can, but the chances are you can't.
All you can do is invest in insignificant money and not even look at it. If you care about money so much, how could you not look at it? Isn't this a contradiction?
When the market really plummets, you won’t be able to withstand it.
Many people ask me if I can borrow money to buy BTC. My answer is no. Because the sharp drop will make your mentality unbalanced, and you will not be able to make money.
If you use spare money, it will be very easy. You can buy 300,000 yuan out of 1 million yuan, and you still have 700,000 yuan in your pocket. A 50% drop in 300,000 yuan is only a loss of 150,000 yuan. Moreover, a 50% drop may only happen once every four years. If you buy in a bear market, the fluctuation is at most 10-20%, which means your loss is 30,000-60,000 yuan. Can the fluctuation of 30,000-60,000 yuan make you lose your money? It is only 3%-6% of your total assets.
After you do this, you won't care at all about the comments outside, such as recession, death cross, or the end of the bull market.
This is the mentality you should have to make a fortune in the cryptocurrency world: what belongs to you should be yours.
Watch: BTC, ETH, SOL, WIF, SUI, pepe...
Waiting for the market to stabilize, the target that has been researched for a long time is also ready to ambush
I like the spot, I can keep up
Nod, follow me, and share for free!
At the same time, I am also preparing to ambush some potential coins to get them next year
There is no problem with the expected space being 3-5 times
