When is the best time to buy bargains?
Observing the atmosphere in the group may give you some inspiration. Generally speaking, changes in market sentiment can be roughly divided into four stages:
(1) When it first started to fall, members of the group might still be chatting and joking in a relaxed manner, and the atmosphere was lively.
(2) When the market drops by 20%, some people start to feel uneasy and ask when is the time to add positions. At the same time, some people also seek comfort by recalling past experiences.
(3) When the market drops by 50%, fewer people will ask when to add positions. At this time, some humorous and light-hearted topics began to appear in the group. People tried to use this method to numb their emotions and avoid paying too much attention to the market conditions.
(4) When the market drops by 80%, most people may choose to remain silent. At this point, this is your chance.
Therefore, the best time to buy bargains often occurs during the low emotional period after a sharp market decline. At this stage, you can evaluate the market situation more calmly, find undervalued high-quality projects, and prepare for a future rebound. Of course, this requires you to have enough patience and confidence, and also make wise decisions based on your own risk tolerance and investment goals.
