The recent SHIB market has really made me love and hate it. Watching it fall below $0.000017 and continue to fall, I feel really bad.
When I first entered the market, I was full of confidence and felt that I could make a name for myself in the cryptocurrency world. Who would have thought that I would be so overwhelmed by the market now?
Let's talk about the history first. When SHIB first came out, it was very powerful! The price soared, and everyone thought it was a good opportunity to make a fortune. I also rushed in at that time, thinking of making a fortune. But this market is like a moody child, changing its face at any time.
There are many reasons for this round of continuous decline. Among them, the US interest rate cut has a significant impact. You said that the US interest rate cut was originally intended to stimulate the economy, but for our cryptocurrency circle, it is not a good thing. With capital outflow and lack of market confidence, SHIB fell.
I just don't understand, how can the US interest rate cut have such a big impact on our SHIB? It's like I'm working hard to build a building block here, and suddenly a strong wind comes over there and blows all my work down.
Complaints aside, I know that cryptocurrency trading is inherently risky. No one can accurately predict the direction of the market. Sometimes I feel like I am a small boat drifting in the sea, with no control over the direction.
But then again, let it fall, anyway, it's not the first time I've experienced this. There have been several big falls before, and I survived them all. To survive in the cryptocurrency circle, you have to have a big heart.
Just like the last time, SHIB fell even worse than it is now. I was also discouraged at that time and felt that I would lose all my money. But unexpectedly, the market gradually improved later, and I not only recovered my money, but also made a small profit. So, this time I also told myself, don’t panic, stay calm!
Some people may say, aren’t you just consoling yourself? Really not! The ups and downs of the cryptocurrency world are normal. If you lose your mind every time the market falls, how can you play?
Besides, the money I invested was what I could afford to lose, so even if I lost it all, it wouldn’t affect my life. So, I just don’t care.
Of course, I am not blindly optimistic. I will still pay attention to market dynamics and analyze market trends. If there is an opportunity to rebound, I will be able to seize it in time. But if it continues to fall, I will accept it and regard it as paying tuition and learning a lesson.
In fact, when you think about it, cryptocurrency trading is just like life, with ups and downs. You can’t give up because of a temporary setback, nor can you be carried away by victory. Staying calm and treating it rationally is the most important thing.
