Only after going through the most painful early stages of the bull market and withstanding such ups and downs can we better face the future.
The shock and pullback in the past six months have put investors through two tests:
1. Whether they can understand the trend and make the right decision.
From the pullback in April to the recent period, many people were confused about the future because they could not understand the market and could not judge the bull and bear trends.
At the beginning of the pullback, they kept adding positions, but were trapped at a high level. When it fell to August and September, they began to be afraid again. As a result, they cut their losses at a low level. In the end, they found that the prices had risen, but the account remained at the bottom.
2. The test of the currency layout in the hands.
Many people choose currencies based on the fact that they have risen well and everyone is saying that this currency is good, and then they buy it, thinking that the strong will always be strong, and that the current rise will be better in the future.
But they don’t understand what this currency is for, whether the founder and research team have the ability, vision, and practical work, how long can the project party’s funds support research and development, and whether this project is related to the current development of blockchain?
I don't know anything about these, I just see the price rises well, I think it has value, and I chase high,
The final result is: the correction in the past six months, the decline is more severe than anyone else, but the market has risen recently, but the account still has a huge loss.
