Hb_crypto
vip

Bitcoin is in a state of adjustment; Ethereum is exiting an independent market, and altcoins are pretending to die, how should we adjust our strategy;


1. When the new highs of bitcoin meet the winter of altcoins: The atmosphere in the cryptocurrency circle has been particularly depressing in the past few days. There was a dead wave in different societies, and what was a lively debate was replaced by silence. When you open the market software, you will see a bright curve of bitcoin reaching a new high, in stark contrast to the gloomy trend of the altcoin's continued decline. This kind of divergent market from the "carnival of mainstream currencies and the collapse of altcoins" has extinguished the enthusiasm of many investors like a cold tub, and even made many people start to wonder: Is the bull market about to be short-lived? There are even voices that consider Bitcoin "a tool for Americans to harvest global wealth," and panic and uncertainty permeate the market for a while. For newcomers who have just entered the market in the past six months, this may be the first time they have truly felt the harshness of the currency circle. They were attracted by the soaring rise of cryptocurrencies and the myth of wealth creation, but they did not expect to be welcomed by a crazy train fueled by the wealth of countless "smart people". By the time they interact, they often miss out on the best time. It reminds me of last year, when the "coins" that everyone hated were full of gold in the bull market. However, if you are engaged in contract trading, a sharp swing in the market may leave you without cash. The current market situation is very similar to last October: Bitcoin has returned to the $60,000 level, while altcoins are reaching new lows. Although the decline was not as large as before, the panic in the market was the same. But it is worth noting that after last year's shock, Bitcoin and altcoins began to rise for two months. This reminds us that short-term market volatility does not determine long-term trends, and the key is how we respond.
2. The brutal truth about investing in cryptocurrencies: are you ready for stress? I often joke, "Don't invest in cryptocurrencies if you don't have the mental strength to lose 70% in three days." This sentence sounds harsh, but it's a real depiction of this market. Those who panicked to cut their meat in the midst of the shock often did not see the potential of coins like Ordi and Atom, and could not believe in the blockchain value of the DA unit, let alone the opportunity to pick up MEME coins. It's like going back to the days when Bitcoin was born, preferring hot pizza to believe that this "electronic currency" can change the world. In their eyes, there is only a zero-sum game of "cut and cut" in the currency circle, and there are only small profits from short-term speculation, but they cannot see the endless possibilities of medium- and long-term investment. Such a mindset is destined to be surprised when the bull market comes, and you can only watch the opportunity slip away.
3. Long-term survival philosophy for players: We need to remain calm when the market is reckless. Yesterday, bitcoin fell slightly, some communities were immediately filled with empty voices of "drop to 98,000" and "collapse is imminent", and some people were busy short selling. But in our society, there has always been a rare sense of rationality. Why? Since we are all like-minded long-term investors, we know that a drawdown in a bull market is not a risk, but an excellent opportunity to add to your position. When others sell in a panic, we see an opportunity to get high-quality chips at a low price. My mentality is simple: the price of the coin is rising, and I am glad that my investment decision has been verified. I am happier when the price of the coin falls, because this means that I can increase my position at a lower cost. Behind this mindset is a deep understanding of the market cycle and a firm belief in its investment logic. A fan once asked me: "Given the downturn in the housing market and bull market signs in the currency circle, can I pledge cryptocurrency to the house?" Never borrow money for speculation, and do not use leverage inside or outside the market.
4. Bitcoin vs Real Estate: Rational Options from a Long-Term Cycle Perspective, it is very likely that Bitcoin will outperform real estate. But there is a key hypothesis: Can you hold onto Bitcoin and navigate through the bull and bear speculators without being distracted by market volatility? This is not the same as asking "Can Bitcoin outperform real estate?" Historically, countless investors have left the market at the beginning of a bull market due to short-term volatility and ended up losing their fortunes. The biggest risk of investing in cryptocurrencies is not the short-term profits and losses, but whether you have the determination to go through a full bull cycle - do not engage in short-term speculation, do not fear drawdowns halfway, do not touch leveraged contracts, do not crush under the risks of project exit or coin theft, and do not fall into the traps of capital and gambling. It all depends on your mindset and strategy.
Fifth, the two-sided nature of the currency circle: self-cultivation of rational investors, the currency circle has never been a single extreme world: here there is not only the legend of wealth of the beauty of Xiangchi, but also the blood and tears of liquidation of contracts. There are both leek-cutting speculators and rational investors who adhere to the methodology. A true wise man will establish his own investment philosophy, adhere to his principles, earn money only within the scope of his knowledge. They understand that short-term market shocks are the norm, and long-term trends are the key to wealth accumulation. Be greedy when others panic, and calm down when others are greedy, this is the rule of survival through bulls and bears. When you feel lost in the cryptocurrency circle, you can also calm down and ask yourself: Do I understand the goal I am investing in? Can my center afford a drawdown of more than 50%? Am I ready to hold at least one bull/bear cycle? If yes, then the twists in front of you are nothing more than a small episode in a long journey. If the answer is no, then you probably need to re-examine your investment logic to avoid getting lost in this high-stakes game. Remember that there is no shortage of opportunities in the world of cryptocurrencies, what is lacking is the vision to see the essence and the courage to stand firm in what you believe in. There will always be a bull market, but only those who are well prepared can really grab the wave of wealth that belongs to them.
#PI# #BTC# #ETH# #DOGE# #GT#
View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • 1
  • Share
Comment
0/400
Yamano-kunvip
· 05-31 06:07
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)