The golden cross of the weekly chart has turned into a dead cross, and coupled with yesterday's big drop, how many people can still hold onto their coins? I know that before the big drop, a certain prominent figure's group had already sold some BNB and ETH. At this moment, the group members are likely singing praises, adding more faith in the big shot. But for those who hoard coins, this is just another fleeting moment. I really want to become such a coin hoarder, but unfortunately, I don't have strong off-exchange earning abilities and haven't broken free from the shackles of debt, so I've become a pseudo-believer who has to hoard coins.
In fact, looking back at past rounds of bull and bear markets, if your position is light or you have sufficient funds, yesterday's drop was indeed a good buying opportunity. If you are doing short-term trading, you may already see profits today. All seasoned investors have heard this investment mantra: buy big on big drops, buy small on small drops, and don’t buy when it doesn’t drop! For more than a decade, the market has yet to overturn my faith in it.
From a technical perspective, it seems we have temporarily entered a short-term bear market, and the market is creating such panic. The second bottom has caused many people to release their holdings. However, the market is often counterintuitive; the more such moments arise, the more one must maintain rationality. The faith of coin hoarders will keep their hearts calm. This belief can only come from a counterintuitive perspective and the conviction that the bull market is still alive, with bear markets being evidenced by technical indicators and the market’s true reflections. I can only speculate and stubbornly believe that the bull market should not end like this.
Perhaps in a few days, the market will really reverse, but I feel no joy in victory, as only I can understand how arduous this wait for a bull market has been. I have also experienced once again that the truly difficult times are not during a bear market, but during the longer, back-and-forth bull market, especially for ordinary people like us who hold many altcoins.
When the next big drop comes, be brave and buy! When the real bull market arrives, you will thank your courage and fearlessness. May everyone live to see the carnival moment of the bull market! Please follow me, thank you!
Binance's launchpool has started again, so BNB remains strong after the drop. In fact, buying BNB before each new project usually leads to growth; this is experience. You might want to observe this. If someone uses this simple strategy to invest, they might outperform many others! Feel free to give it a try!
