People who believe in Bitcoins can never sell at the right time. They can sell some in a bull market and buy some back in a bear market. But this is a delayed judgment. In a bull market, you don’t know whether you have reached a high point. Many people who believe in Bitcoins have made money. No one has lost money.
People with a U standard can sell at any time. If they make a profit or lose money, they can take out money as needed. People with a U standard have no trust in this industry. They only speculate and make short-term investments in order to increase U, not the currency. There are also people who make a lot of money in the U-based market, but in the end, only a small number of them will get it in their pockets. Only when they withdraw from the market and stop playing and become the fiat currency-based market will they lose their money.
There are standards for when to buy, but there is no standard for when to sell.
You can start buying value coins when they drop 75% from the peak. You can start selling when they rise 5 times from the bottom. Some people can rise 10 times, while some people never sell. Selling is a science and a reflection of your strength, and there is no standard.
No matter how much the altcoins fall, you should not consider buying them, unless the bull market starts and the bubble begins to ferment. Then you go to reap the profits from the bubble. That is the art of speculation, the skill of robbing other people's money. How much you earn depends on your ability. Of course, you may also be robbed of your money by others.
I only buy value coins, hold them for a long time, cross cycles, arbitrage with low risk, and make long-term money.
I believe that as long as Bitcoin exists in the market, it will exist. If Bitcoin disappears, the market will disappear. The value of Bitcoin will be falsified, and this social experiment will fail. It is not worth playing.
I have finished writing, keep it up. I am Qiqi from B Circle, an old investor who sincerely wishes you to get rich in the cryptocurrency world.
If you want to delve deeper into the cryptocurrency world, but can’t find a clue and want to get started quickly, you can follow me.
