Things you must understand when doing big cycles:

1. You can never sell at the highest point, you can only sell in batches.

2. Don't think about buying back after a short-term drop of 20%. If the bull market rises to the big cycle (peak area), even if it drops 40%, it is still the peak area.

3. A real bear market will spiral down for at least one year. The decline of Bitcoin may be 50% twice in a row, the mainstream currency may be 70% twice, and the altcoin may be 90% twice.

4. Don't think about falling the next day after selling. It may fluctuate for several months and then officially collapse, or it may fluctuate for half a year and then collapse. In short, it will not collapse after you sell. Even if it collapses, it will take more than a year to fall to the bottom.

5. When the market rises to the peak area, the terrible thing is not that you sell too early, but that you can't wait for the collapse after selling. And lower the expectation to fall by 30% and then buy it back. As long as you buy it back, it will be in the peak area of ​​the big cycle without exception. Because the peak area falls by 30%, it is still the peak area. The oscillation time of the peak area is much longer than the main rising wave time. It may be a 3-month main uptrend and a 9-month peak area oscillation. For specific reference to the last round, the peak area was 40,000 to 60,000 US dollars, and the oscillation time was much longer than the main uptrend time. As long as you sell it and can't help but buy it back within half a year or a few months, even if it falls by 30%, it may be stuck in the large cycle peak area. $BTC $ETH $SOL