The mentality that people in the currency circle should have
1. Sowing and harvesting are never in the same season. You must learn to delay satisfaction
Everything is difficult at the beginning. The more ordinary investors who have no connections and resources, the longer the positive feedback cycle you can see.
So don't be eager for quick success or retreat just because you can't make money for a while.
Many times, if you persist a little longer, you can see the dawn of hope.
2. Set a time period for yourself. During this period, just work hard and don't ask for harvest
Halving in 2017, selling chips in 2018,
Halving in 2020, selling chips in 2021,
Halving in 2024, the delivery period should also be 2025
Bulls and bears are a cycle of four years. Even if you buy chips from the bottom of the bear market, you have to wait for 2 years or even longer to see a definite return. Various black swans and accidents will occur during this period. You must be mentally prepared.
3. The market has cycles, and getting through the trough is the highlight moment
The market is composed of countless cycles of troughs and highlights. Knowing this, you will know that the current trough is only temporary, and you can better face the ups and downs in the market.
The market will not always be in the trough, and good times will come after bad times. When despair reaches a certain level, it is time for a reversal.