#SATS It is said that experienced outdoor swimmers will warm up before entering the water, and then wet their bodies, hands and feet with the water in the river to let their bodies adapt to the water temperature first.

After that, they will dive into the water and start swimming.

Why I have repeatedly emphasized that for cyclical investment, we must learn to layout in the bear market and then slowly accumulate fixed investment, which is similar to this swimming logic.

In addition to reducing the cost of chips, fixed investment in the bear market can also form a mentality for yourself, so that your mentality can adapt to the rhythm of the market, even if it is bleak and boring.

The advantage of this is that when you really increase your position, your mentality has become accustomed to market fluctuations.

For example, the daily fluctuation is 50,000 to 100,000, and if the market is better, it may be 200,000 to 300,000, with floating losses or floating profits.

A person who has never laid out in the bear market and directly chased the rise in the bull market has a completely different mental tolerance from investors who have been in the market for a long time.

Having only experienced a 10CM fluctuation in the stock market in one day, and suddenly running into cryptocurrencies, your mentality will fluctuate greatly. You will stare at the market every day. Once you make too much profit, it is easy to want to get off the train and make fluctuations.

The bull market is originally a simple monotonically increasing equation with low points constantly rising, high points constantly breaking through, and oscillating upwards. After you think you are smart, you want to buy low and sell high to make waves, but you have completed the high-order equation of countless operations in the day.

If you don’t have a particularly strong grasp, try not to make waves, hoard steadily, hold, and guard, and you will be done after this year.