Have you heard the story of 'waking up bankrupt'?
There was a person who made a lot of money during the bull market in the cryptocurrency world. He watched the market every day, afraid of missing out on the rise. Finally, one day, he just couldn't hold on anymore and decided to take a nap. He thought, what major event could happen in such a short time? As a result, when he woke up, the market had crashed, and his account had halved. Suddenly, he was fully awake and decided he never wanted to sleep again.
In fact, many people hope they can stay awake and keep a close eye on the market. But no matter how hard they try, the market won't favor you just because you sleep a few hours less. Investing is more of a marathon rather than a sprint.
A good market doesn't mean it's always the best time for you to get in. The cryptocurrency world can sometimes feel like a marathon, not a short sprint. Timing is crucial: "Be three steps ahead, and you could go bankrupt. Be one step ahead, and you could make a fortune." The market has delays, and emotions also lag, so timing is important, and luck plays a significant role.
I believe most people have experienced this. When first entering the market, seeing the prices rise, they are always eager to chase the highs, only to find they've chased the peak's decline. Thinking of buying the dip, they end up buying halfway up the mountain, and after a halving, they could still see further halving; their operations become distorted.
Later, I understood that true experts are those who can calmly control the rhythm. They do not blindly follow the crowd but remain clear-headed during market frenzy, seeking reasonable entry points amid volatility.
My advice is: while timing is important, mindset is even more critical. When the market is booming, stay rational and do not be overwhelmed by FOMO. Set your own goals and boundaries, find a pace that suits you, instead of blindly chasing the market frenzy.
Remember, investing is a long-distance race. Capturing trends is crucial, but maintaining your own rhythm and judgment is what will allow you to go further in this competition.
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