This round of market rebound is stronger than that in July and August. It should be that after two or three times of market washing, the banker is trying to break through. The retail investors who lie flat are often tortured by the market and have no patience.
In the week following the rate cut, global financial changes were dramatic.
Gold continued to hit new highs, reaching a historic high of 2,670 points. All three major U.S. stock indexes hit new highs.
After the interest rate cut, Hong Kong stocks and A shares have closed with positive lines for many consecutive days, especially A shares, which have seen significant gains for two consecutive days.
In short, as long as you have made arrangements some time before the interest rate cut, you will reap the benefits of the short-term interest rate cut.
From a long-term perspective, I believe that the short-term drawdown risks of gold, A-shares, and Hong Kong stocks can be ignored, and the best way is to start regular investments.
Because no matter whether there will be a short-term control pullback, in terms of cycles, it will always be higher in the next few years. Gold is because of its attributes, and A-shares and Hong Kong stocks are because of bottoming out and cycles. This week should be a happier week for investors, and everyone is happy.
Let’s look at the cryptocurrency market.
I have shared an investment skill with you before: in the process of falling, Bitcoin is the most stable to cover the position, especially in panic decline, such as the black swans on August 5 and early September, because it is sure to rise again. When it falls to a certain bottom position, Bitcoin will rebound the fastest at the first time, but at the second time, when Bitcoin starts to fluctuate sideways and rise slightly, the altcoins will begin to explode.
So according to this rule, you can make adjustments in a timely manner, but there are always risks, so you have to make your own decisions. In the article a few days ago, it was found that Bitcoin has a sideways trend, and Brother Wang reminded everyone to consider this direction.
The biggest risk in investment is actually the risk of personal tolerance. This risk is unbearable for any third party, unless they are a scammer.
So after understanding human nature, I tell everyone more about the direction rather than the specific target, because the tolerance rate of the specific target is too low, especially this round of bull market has completely exceeded the cognition of old investors.
If you have a lot of experience in this field, you will understand this truth. Next, let me tell you about something that happened to me.
Some time ago, about two months ago, in early August, a friend of mine asked me if I could buy coins and what to buy?
I told him that it is a great opportunity for newcomers to buy altcoins at present, and there is great potential. But be aware that there is still a possibility of a 10-20% retracement, especially for altcoins, so you should enter in batches and wait until next year.
Because I understand human nature too well, I will tell him the risks in advance, but I will not teach him how to buy any specific coins.
He said that it was okay and he could afford it. However, in the next few days after the purchase, the average price dropped by 20%. He was a little scared and asked me if the price would drop to zero.
He seemed to have completely forgotten what I said about the risks, about splitting positions to buy at the bottom and lowering the average price.
When it comes to questions like this, I put pressure on myself because my position is quite large and regardless of profit or loss, it has little to do with me. I just sent him the chart of my bottom-fishing experience and didn’t say much.
In fact, I am quite resistant to this kind of question from a noob, and even annoyed by it.
After that, we had no contact.
Two months later, he came to ask me again, what can he buy?
I asked him if he had covered his position when the market fell before?
He said he bought more, but after two days of volatility he sold all the stocks because the price didn't rise again and he still lost tens of thousands.
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This is risky investment, and most people are not prepared for it. Even if the prices sound good, they will not be able to bear it if the prices do not rise immediately after they buy, but fluctuate or fall.
In fact, I encountered many such stories a few years ago. Human nature is always like this.
It is recommended that everyone learn to control risks and understand cycles and position management before investing, because these are the most basic operations.
Many people are full of confidence before entering the market, but after entering, they find that they cannot accept it at all.
In fact, every little operation will form a virtuous or vicious cycle.
The right operation is to accumulate slowly, and the wrong operation is to suffer repeated losses until you see enemies everywhere.
Investing has a 50% chance of success, so no matter whether it is right or wrong, you have to accept it in your heart and make adjustments accordingly. When you encounter a big opportunity, you should do it and not just wait and see.
It is almost the end of the month again. As usual, this period is not suitable for large purchases. As all major global financial sectors have begun to rise, sentiment is high and short-term value will be under pressure.
In terms of cryptocurrency, if you participate at this stage, you should still set a stop loss and bet on the rebound of the stagflation altcoins. When the market rises, those with full positions should consider reducing their positions in batches. Don't expect to return to the highest point of your position all at once.
If Bitcoin reasonably pulls back to around 61,200 from the end of this month to the beginning of next month, you can consider intervening again. If it breaks 60,000, then stop and continue to wait and see.
If you bought a lot in August or early September, try not to continue buying, because the cost is already low enough, you can just switch positions or sell in batches. #加密市场反弹
