Many people are concerned about when they can buy the bottom?
There is a strong cycle in the cryptocurrency market every four years, with short bulls and long bears, more than one year in the bull market and two to three years in the bear market.
The current environment does not have the foundation for a bull market, so there is no need to consider buying the bottom.
From the perspective of the time cycle, I think the bear market will continue for a while. At the end of 2023 or the beginning of 2024, it is expected that there will be an opportunity to enter the market. The specific situation depends on the development of the market.
The current economic environment is not optimistic, the liquidity of risky assets is very poor, and Bitcoin is also in a bear market cycle, which is undoubtedly worse.
In the depression, cash is king, make more money, find ways to accumulate principal, and prepare for a new round of super bull market.
Reduce unnecessary consumption expenditures. The one dollar you spend now is dozens of dollars in the bull market.
Similarly, the ten thousand yuan you earn now is hundreds of thousands in the bull market.
As an investor who has been working in the cryptocurrency circle for many years, I am willing to share my experience and insights with you. If you are interested in the cryptocurrency world but don't know where to start, you might as well follow my homepage and discuss the mysteries of the cryptocurrency world and future possibilities with me. Click on the avatar to find me.
