Bitcoin's decline, sideways movement, and washout are like Bitcoin's bear market. You never know exactly how many years Bitcoin's bull and bear cycle occurs.

Maybe you will say that according to past practice and the halving cycle, it is once every four years, but once the rule is generally recognized, everyone will buy the bottom or sell the top before the rule comes. Smarter people will make decisions a little bit before most people make them. What if they are even smarter?

Everyone thinks they can be a little smarter, until the pattern disappears. When it disappears, when the cycle disappears, no one knows, but what is coming will come, and you will definitely see it as long as you stay in the cryptocurrency circle.

Likewise, October is generally considered the month when the bull market will take off, but the dog dealers want to go against the majority’s wishes and may come one month or two months later. Their purpose is to dash your expectations, cause your loans to blow up, and then get off the market.

People who are waiting for the bear market to turn into a bull market, people who are waiting to sell high and buy back low, often have their assets fall from the bull market and from what they think is a high sell, that is, those who are trapped and those who miss out.

Because there is not much trading volume before the dawn of a bear market and a bull market, few people will buy when the market is falling. Even if they buy, they will be trapped first, and then add to their positions all the way until they run out of bullets and find that the bear market has just reached the halfway point.

The same is true before the dawn of the bull market. The price of the currency keeps going up and down repeatedly, and the historical K-line allows you to see the pattern. You think you have gotten off the bus, but you can still get on again.

I'm sorry to tell you that one day, it's no longer high and low, but it's turning from low to high, higher, higher 2X, 3X, 10X, but you get off at what you thought was the high point, and then you can't get on again.

In a bear market, this type of people are most likely to make the determination of "I will survive the entire bear market" and "I will just not move at worst, I don't believe that the price won't rise", but in fact they are in pain and helpless in their hearts.

The pain is that you are fully invested in a bear market, and the helplessness comes from being eager for quick success and instant benefits, staring at the K-line market every day.

They feel that they can hold on for at least three years, but three years is neither long nor short. During this period, countless unexpected things will happen, and many new things will appear that will make you want to "sell them for a new one."

When your willpower not to sell is exhausted, you hurriedly sell all your shares as soon as the price goes up a little, for you are afraid that this is just a short-term rebound in the bear market or a wash-out.

You think that the bull market is a straight line that goes up all the way, but you are wrong. The actual bull market is full of twists and turns and is an ups and downs S-line.

So why is it that the decline in a bear market and the beginning of a bull market always lasts a little longer than you can bear? Why do the bankers always keep an eye on your small things, so that when you buy, the price drops, and when you sell, the price rises?

No one is watching you, it's just that your nature is in tune with that of most people.

It is because you, like everyone else, have accumulated so much kinetic energy that you want to sell, and you have been longing for dawn for so many years that you are trying desperately to catch the ray of light before dawn. You are afraid that if you don’t catch it, even this ray of light will be gone, and you will miss the entire dawn perfectly.

Therefore, the time for the decline is only a little longer than the time you can bear. If you can't bear it, this round of bull market of 300,000 US dollars of BTC has nothing to do with you!

Only if you have enough knowledge of Bitcoin and have enough faith in it to decide never to sell it, can you remain calm when faced with a landslide and a tsunami. Only great wisdom and great foolishness can lead to great results.