The global capital market has generally shown a downward trend recently, and the main reason behind this is the concern that the US economy may fall into recession. The latest ISM manufacturing index for August was 47.2, lower than the market's previous expectation of 47.5, and the PMI data also fell short of expectations. The weak performance of these economic indicators has exacerbated investors' concerns.
In the cryptocurrency market, some people believe that the economic downturn may prompt the Federal Reserve to continue to raise interest rates this month, which they see as a positive signal. However, from a macroeconomic perspective, this is a disadvantage because it may put pressure on the US stock market and ultimately affect the cryptocurrency market.
Whether raising interest rates can solve the current economic problems is a complex and multifaceted question. If you have any questions about this, you can refer to yesterday's article, which has already discussed this topic in depth.
As ordinary investors, there is really not much we can do. If you have completed your investment layout and are currently facing losses, then paying too much attention to short-term market fluctuations may increase your troubles. Losses are not an isolated phenomenon in the context of a generally sluggish market.
In the investment process, it is crucial to maintain the right mindset. If you can maintain a calm mindset about the ups and downs of the market and remain confident in your investment decisions, then you are less likely to be seriously affected by market fluctuations. In fact, if we can look beyond short-term fluctuations and focus on holding spot and value coins, the risk of loss in the long run is relatively small.
In short, excessive attention to short-term market dynamics may increase the risk of loss. Maintaining a long-term vision and a stable mentality is the key to moving forward steadily in the investment market.