Three stages of bull market correction:

① Firmly believe.

② Half-believe.

③ Never believe again.

Retail investors are almost driven crazy

Now we have reached the second stage I am familiar with, which is the half-belief stage. Because everyone's assets have shrunk severely, every time the market falls, they are afraid of the bear market coming and dare not buy the bottom in batches.

I said that if it falls to the annual line, they should buy value coins in batches first.

They said they are afraid of bears after falling.

Every time it rebounds, they are afraid of missing out and chase the rise directly, but they continue to be cut. They regard all favorable hot spots as life-saving grass, such as Litecoin ETF approval. People who lose money collectively have strong expectations for Litecoin to chase the rise and seek a quick solution.

The more losses you lose, the more abnormal your mind is, and the easier it is to chase the rise and kill the fall.

In the end, the more losses you lose, the more you can only lose to despair.

The market will repeatedly build bottoms, and the rebound of the cottage in Q1 will be suppressed by the pressure of Ripple's strong return to the annual line and Bitcoin's sideways fluctuations.

Keep the rhythm, and buy value coins in batches every time the bottom is formed.

Stop buying when it rebounds,

Continue to be pushed back to the double bottom before the weekly line, and continue to buy in batches.

Be constant in the face of changes, don't be led by the market.

Stupid funds will sell at low prices during the decline.

And smart funds will buy in batches at the bottom and hold for a long time. Until they are deadlocked with stupid money and fluctuate sideways.

When the market rises again, stupid money will come back to chase the rise.

And smart funds buy at a low price close to the medium and long-term low price zone, and the U-turn will also allow them to significantly outperform the market.

If you don't buy at the bottom, the risk will increase infinitely when it rises.

Don't pursue perfection, perfection is the enemy of investors. Buying in batches at a relatively low point is enough to outperform more than 90% of people.

Pursuing perfection is stupid behavior!

As a senior cryptocurrency investor, I share my experience and insights for free. Are you interested in the cryptocurrency circle but don't know where to start? Follow me and watch me cook leaves, and I will help you achieve freedom in this bull market.