Finding trends, capturing trends, indulging in trends ~ Capital is key, stay true to your understanding, choose a direction, success is predestined, choice is greater than effort! I am Da Yu, the coolest guy in crypto, feel free to disturb me on Weibo with the same name.
Halving, ETF, and interest rate cuts are not something beginners can understand. Before entering the circle, clarify these big pie issues first.
1. How much to buy: Don't put all your eggs in one basket. Only use "spare money" to buy, which means money that you won't need in the short term, and losing it won't affect your meals or mortgage payments. Beginner's advice: For example, if you have 100,000 available for disposal, take out at most 10,000 to invest, don't put in more. 2. How long to hold: Don't think about "quick in and out to make quick money." First think clearly: How long do you plan to keep this investment? 3 months, 1 year, or more than 3 years? The shorter you hold, the more susceptible you are to short-term fluctuations; for example, if it drops just a few days after buying, you panic and sell, leading to losses; holding longer can better withstand volatility. 3. Purpose of buying: Don't follow others blindly. Are you planning to hold it for the long term as a "backup savings"? Or are you looking to make some pocket money in the short term? Different purposes require different methods and mindsets. Don't buy just because others say "you can make money"; first clarify why you want to invest. 4. Acceptable loss: Be prepared for "losing money". Think ahead: If the money you invest loses 20% or 50%, can you accept it? Will you lose sleep and want to sell immediately? Set a clear bottom line for the losses you can bear; if it really drops, you won't panic or make hasty decisions. 5. Expected gain: Don't be greedy, take profits when they’re good. Don't expect to double your investment just by putting it in; first think clearly: how much profit would satisfy you? For example, if a 20% gain, would you sell a portion, or wait for a 50% gain before acting? The more rational your expectations, the less likely you'll miss selling opportunities because you want to earn more, ultimately leading to being trapped. These questions are unrelated to whether the market is rising or if there are hot topics; they purely help you understand your own situation. First, figure out what you can bear and what you want, and regardless of how the market changes later, you will have your own targets and won't follow the crowd blindly.
People are always afraid of not getting, afraid of anxiety, afraid of losing. Let go of the burdens in your heart, learn to accept yourself. Not getting is a normal part of life, accepting that anxiety is an emotional instinct, and also accepting that losing is a necessary part of growth.
It has already broken through the support level. No matter how high the rebound is, the result will be the same; it will go down. If it gets stuck, then so be it, but I still set a stop loss at 108000.