How many rounds of bull market are there? Revealing the logic behind cryptocurrency investment!
In the cryptocurrency circle, many novices are eager to catch the next round of bull market and dream of getting rich overnight. However, the truth is often much more complicated than imagined. First, let's talk about the concept of "bull market".
Many novices may ask: "How many rounds of bull market are there in the cryptocurrency circle?" In fact, the answer to this question is not important. Because in this world of high volatility, as long as the price is not zero, there are always opportunities in the market. The so-called "bull market" is just a positive state of the market when the funding rate remains positive for several consecutive days.
But the reality is cruel. The recent plunges, like 3.6, 3.14-3.15 and 3.19-3.20, have caused many people who chased highs to suffer heavy losses. Whether your funds are 10 or 10 million, they may be ruthlessly swallowed by the market. This tells us that there is no shortage of rich people in the cryptocurrency circle, but there are really smart and strategic people.
Many people come to this circle with the mentality of betting big on small, pursuing those seemingly attractive yield curves and retracement percentages. But in fact, this investment method is extremely risky. Once you lose, you may need to make 100 times or even more to get back your money. And once you lose again, you may need 500 times to make up for the previous losses.
So, are there any traders who can make money steadily in this volatile market? The answer is yes. But these traders are usually ultra-short-term traders with superb skills and huge capital. Even if Bitcoin plummets 90% in one day (although this seems unlikely to happen in the 21st century), they can still make a profit.
But please note that this trading method is not suitable for ordinary novices. Your funds may be relatively small and cannot withstand such huge fluctuations. What you can do may be to learn some basic trading knowledge, pay attention to some indicators that you think are useful, and then buy cautiously and wait for the rise. But remember that investment is risky, and don't blindly follow the trend.
Finally, I want to tell you that no one can accurately predict the market. You can try to use various technical indicators such as RSI, MACD, etc. to analyze market trends, but remember to extend the time period to several weeks or even months.Only in this way can you have a more comprehensive understanding of market dynamics and make more informed investment decisions.
If you like spot trading, want to roll funds together, and stock up on bull market spot trading, click on the avatar, follow me, share for free, and wait for you in the circle!
In the current ups and downs of the market, blindly working alone will never bring opportunities! ! !
