Survival rules and turnaround opportunities in the cyclical ups and downs of the cryptocurrency market!
The debate about bull and bear markets is intensifying, and most people believe that the bull market has ended. Let's discuss, if this round of the bull market really comes to an end, can you accept it calmly?
Should we exit the market during a bear market?
In the last bear market, many people chose to give up when the cryptocurrency prices plummeted, and when the bull market recovered, they could not keep up and were once again taken advantage of. Even in a bear market, we should not be passive and give up. The bear market is actually a golden period for learning, and it is wise to build strength for the next bull market.
There are also great opportunities in a bear market!!
A bear market does not equate to the end of the cryptocurrency world. Looking back at the last bear market, we still achieved 3-4 times returns in the spot derivatives field. There are also rebound trends in a bear market, and if we can accurately grasp them, doubling our returns is not out of reach. Many people are currently losing their family savings or loans, and relying solely on working to pay off debts may mean waiting a long time to find relief.
Regardless of how you currently view bull and bear markets, you should not jump to conclusions too easily. In the cryptocurrency world, the ones making money are always the 20% of industry experts, while those losing money will chase highs and sell lows, operating against the trend in both bull and bear markets. Since we cannot escape the market in the future, it is better to focus on learning, mastering the rules of identifying bull and bear markets, and changing our mindset is the right path.
Personal opinion:
In a market of alternating bulls and bears, maintaining calmness and rationality is crucial. Do not be swayed by the short-term fluctuations of the market, but focus on the long-term trends. The bear market is a time to test the patience and wisdom of investors, and it is also a good opportunity to prepare for the future bull market. At the same time, continuously learning and improving your investment skills will help you remain undefeated in the ever-changing market.
One thing you should remember:
In the cryptocurrency world, the ones making money are always the minority. Rather than blindly guessing the market direction, it is better to focus on those truly valuable investment strategies and advice. Click on my profile picture, follow me, and I will share my experiences and insights with you for free.
Currently, there are opportunities in the market every day, do not miss these valuable chances, follow me, and let us ride the waves together in the cryptocurrency world! #你看好哪一个山寨币ETF将通过? #MGX投资币安