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🌹Bitcoin is about to fall below 80000? Will there be a bull run in the crypto market? + Chapter 11 of the Chan Theory Diagram👇
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When others are fearful, I am greedy; when others are greedy, I am fearful. This phrase seems simple; everyone can understand it literally. But when you actually encounter a situation, will you still face it calmly?
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This sentence actually corresponds to buying when there is no one paying attention and selling when there is a lot of noise.
The atmosphere reflects the current emotions of the market, and it only stays on the surface level.
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When this situation occurs to us personally, the decisions we ultimately make can be quite different due to our own perceptions, the circles we are in, and the environment.
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Just like the current market situation in the crypto market, if you don't believe that there will be another bull run? Then what is the basis for your conclusion? Is it based on what others say, or did you conduct a comprehensive analysis with solid, highly probable evidence and enough clues to support your conclusion?
======================= If you don't believe there is still a bull run, then your choice now is to exit the market, rather than passively waiting. If you believe there is still a bull run, then be patient and wait for the flowers to bloom. Moreover, under the premise of having stable cash flow, there are still many actionable opportunities right now, which again verifies that saying: when others are fearful, it's time for you to be greedy.
======================= So in the end, whether you believe the bull market is over or that it still exists, the only criterion for judgment is your own ability to grasp it with a high probability and to follow the right people. Only by working hard and persisting on the right path will the final result definitely not be bad. On the contrary, if you choose incorrectly, you will ultimately suffer the consequences, because in the adult world, there is never a clear distinction between right and wrong. The path you choose, even if you have to walk it on your knees, you must complete it.
======================= As for me personally, the reason I firmly believe the bull run still exists is based on the judgment that the bear market bottomed out on November 23, 2022, when Bitcoin was at 15487 USD, and we are about to start this wave of bull run. Until now, I still see the bull market.
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Instead of blindly being swayed by short-term market fluctuations and randomly changing their strategic plans, one should not alter their trading strategies due to market sentiment. Befriend time, endure loneliness, and patiently wait and hold.
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Three years in the industry, five years understanding the industry, ten years becoming a king. Trading is not about getting rich in one go, but about reasonable profits that can achieve longevity, stability, sustainability, and high probability, allowing one to continuously acquire wealth. Professionalism creates value, and details determine success or failure.
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If you feel helpless or confused while trading in the crypto market, I hope my sharing can bring you some inspiration and help!
#pi #sui #xrp #eth #btc