Insight into the market: Cryptocurrency investment wisdom under the bull-bear cycle
In the cryptocurrency market, many investors show FOMO (panic buying) psychology during the bull market, rushing into the market to buy a large number of digital currencies, but are unwilling to cash out when the market reaches its peak.
When the market starts to fall, they choose to sell at a low point because of panic and anxiety. This anti-human behavior often leads to serious losses.
In contrast, investors who can understand the market cycle can use this cyclical feature to make steady profits.
In the market, a bear market is usually a good time to build a position, while a bull market is a time to cash out and make a profit. This market cycle repeats itself and becomes a normal state in the market.
As time goes by, when we look back on this history, we will find that such market cycles have always been the case. Every few years, the market will experience a cycle of bull and bear markets, which is inevitable.
In a bull market, a big positive line can attract countless investors to participate, and the market is full of optimism and prosperity.
In a bear market, the market is full of panic and frustration, and investors can only watch their assets plummet and have to choose to cut losses.
However, it is this market volatility and cyclicality that creates opportunities and challenges in the market and also exercises the mentality and ability of investors.
In the cryptocurrency market, the only constant is the change of the market.
Therefore, as investors, we should learn to adapt to market changes, seize opportunities, and maintain a rational and stable investment strategy.
Only in the process of continuous learning and growth can we obtain continuous profits in the market and ultimately achieve the goal of financial freedom.
