Two types of people who make money in a bull market, which type do you belong to?
The first type of person is the firm believer in the bull market.
They started laying out their investments below 3000 points, heavily investing in stocks, and then steadily waited until the end of the bull market to exit. They do not treat the cryptocurrency market as the sole focus of their lives, and they rarely monitor the market or trade; some have even uninstalled the software entirely.
The second type of person is the master of understanding.
They are well aware of market cycles and have a sense of respect for them. They know when to enter the market to plant seeds and when to harvest and exit. Most of the time, they patiently wait for opportunities, and once an opportunity arises, they act decisively. If there is no opportunity, they leisurely drink tea and watch a show. They generally buy and sell in batches, then quietly wait for the next opportunity. These experts often have been through many ups and downs in the cryptocurrency market before they can deeply understand market cycles and accurately grasp the main lines of each time period. It’s important to know that the market will not always just favor large-cap stocks or altcoins; bull and bear markets alternate in cycles. Understanding this, the mysteries of the cryptocurrency market can be summarized in just a few phrases.