This bull market has been more bloody than ever before, so we cannot compare this bull market with the previous one. The environment of the currency circle is different, and the trend is also different.
The more bloody the wash, the more panic retail investors will have, and the more they will not dare to enter the market. It is obviously a bull market, but it feels like a bear market, so many people think that the current situation is the tail of the bull market and the beginning of the bear market. But please listen to me.
Bitcoin ETF has just been passed, and institutions have just begun to enter the market. Bitcoin has just been halved for two months, and the current price has not broken through the previous high.
The interest rate cut has not yet begun, and funds in the market have not yet poured in. At present, it is only the stock funds plus the funds of ETFs that are supporting it.
The altcoin has not exploded yet, and some people actually say that the bull market is over. If it is really over, then this is not a bull market at all, but just a small wave on the way to the bull market.
In this situation, you have to hold on. Don't think too much, hold on to Bitcoin, and keep a calm mind.
People who bought Bitcoin can play with it every day for half a year, whether playing games or traveling. Anyway, don't check the market frequently and don't communicate too much with people in the currency circle. This method is limited to those who can't hold it, and this is the best strategy for them.
