My personal opinion on the bull market and bear market

There is a great controversy about whether the current market is bullish or bearish. I personally think that we should downplay this concept in our operations. According to past experience, the bull market will come half a year after Bitcoin, and the cycle is four years. I personally think that this argument is not necessarily completely correct. The market is a casino. The first thing to do is to comply with economic laws, or the rules of cutting leeks. Buy low and sell high to make money is the bottom line.

1. You said the bear market, but the bull market came earlier. From the first half of 2023 to April this year, many currencies have broken 10 times from low positions, such as ordi in the inscription sector, pepe, floki, ygg in the meme sector, and other high-quality currencies. Slightly more active currencies have also risen by 3/4 times, such as lpt, ens, etc. This is a lot of profit for the dealers, so there was a drop from May to August, because the dealers have to cash in their profits.

2. Maybe everyone thinks that the bull market should be a hundred flowers blooming, but I personally think it is difficult at present, because since 2021, institutions have been wantonly destroying this market and issuing a lot of leek coins, pulling the market with low circulation in the early stage, and then slowly releasing them, or even more unethical, they are doomed to die when they come out. The market value is often tens of billions, hundreds of billions, you say you can make a fortune, such as fil, bzz, xch, icp, wld, arb, jto, jup, etc. The money has been taken away by institutions, and the liquidity is even worse. How can there be a situation of flourishing? There will only be many copycats being completely abandoned in each round of bull market, such as the last round of popular metaverse, mana, sand, which did not move at all.

3. Under the current circumstances, everyone should downplay the concept of bull and bear, focus on individual stocks, buy low and sell high, and exit at high positions to make a profit.