Many people must be very panicked right now.
A fan told me that the more they look at the square, the more anxious they feel; if that's the case, I hope everyone can temporarily stay away from the square after seeing this message from Wolong and come back when the market rebounds.
Before every round of bull market rises, it must cause retail investors to panic; if everyone increases their positions, believing that a bull market is coming, won't it be very difficult for the promoters to pull up the market?
The promoters need more funds to pull up the market; if the operation is not good, they are easily countered by the retail investors.
Therefore, at this time, the promoters must find ways to induce panic in the market; whether in the US stock market or the cryptocurrency circle, the logic is the same.
Only after shaking off the retail investors will the market start; retail investors can only buy at high positions.
This is the basic logic of the investment market.
It's easy to understand, but most people cannot maintain confidence amidst market fluctuations; a few waves can make them throw away their chips.
Whenever the market falls, various ghosts and monsters come out to tell everyone that the market will drop, and the bear market is coming...
Scared some friends who were wandering in the square into a daze.
Wolong sincerely hopes that during despair in the market, everyone can band together and not pay too much attention to the short-term fluctuations; believe that something wonderful is about to happen in the first quarter of this year.
2,
Someone asked me, Wolong, are you really anxious?
Not panicking is bragging, but I will rationally overcome my inner fears.
After all, the funds in the account are much less now compared to before, and who wouldn't feel uncomfortable? Thirteen is not a saint.
With less money, everyone feels uncomfortable.
But I know that this discomfort is something we must endure because we are investing in the cryptocurrency market, which carries high risks.
Perhaps everyone is too accustomed to peaceful days, now a slight drop in the market makes them cry out.
Before the institutions entered the market, Bitcoin fluctuated 5 points daily, even on a calm day.
As time goes by, we are becoming more and more fragile; Bitcoin dropped more than 3 points today, and it feels like the end of the world.
That feeling used to be associated with a drop of over 20 points, while now it reflects the current level of panic.
We are all too attached.
Stuck in short-term market fluctuations, unable to extricate myself.
Just looking at the current market, even if it drops to 87000, there's no need to be surprised; just go at our own pace.
Never lose your rationality in the face of market fluctuations and avoid excessive panic, because once negative emotions occupy your mind, that’s what the promoters want to see.
3,
The CPI and unemployment data on Wednesday and Thursday of this week are crucial for the short-term market trend.
That is, living before the data comes out on Wednesday, the market may still be in a weak trend, and market sentiment is bearish, which has already been reflected in market prices.
There may still be a few more pinning market conditions, and everyone can enter the market to buy the dip during sharp declines, such as when Bitcoin reaches the 8800 range or Ethereum reaches 2900.
Of course, no one can predict the future market; the best way to protect yourself now is to avoid contracts and focus on cash.
If we hold cash or valuable coins, then there’s nothing to worry about.
Short-term losses have no significance; it's just that during this period, you see that string of numbers decreased, but at the end of the bull market, when we look back at that string of numbers, you'll find that life is indeed wonderful.
Recently, I've seen many friends borrowing to trade coins with high leverage, and now they feel disheartened, filled with negative emotions, and have lost hope in life.
In fact, there’s really no need to, it’s just trading a coin; why joke with your own life?
As long as you can look further ahead and stay away from high-risk investments, you'll never lose money in the cryptocurrency circle.
For example, at the most desperate time of this bear market, Bitcoin was at 15000, and now looking at the price of 90,000, hasn't everything come back?
The future is bright; the process is difficult. To make money in the cryptocurrency circle, you must have patience.
These days I am preparing for the upcoming divine event!!!
Get on the Pinglun 168!!!
Impermanence brings impermanence brings impermanence!!!
Important things are repeated three times!!!
