How to survive in this market and eat meat?
The first of the three immutable laws of any currency: prolonged stagnation must rise
If the market remains stagnant for a long time, it will inevitably rise. Stagnation is a process of competition in the market, aimed at washing out those investors who lack faith and patience.
The second law: prolonged decline must rise
If the market has been declining for a long time, it will inevitably rise. Continuous decline is a manifestation of the market absorbing funds, aimed at attracting those investors who lack foresight and panic sell.
The third law: prolonged rise must fall
If the market has been rising for a long time, it will inevitably fall. Rising is for profit-taking, and the market will adjust at the right time.
In the cryptocurrency circle, if you want to turn things around and make big money, do not dwell on short-term gains and losses or fluctuations. The cryptocurrency market is a process of sifting through the sand, with winds rising and falling; if you want to make big money, do not leave the market easily, and stick to your consensus and beliefs.
When others are fearful, I am greedy; when others are greedy, I am fearful.
No matter which currency it is, it is always the retail investors who get cut. On the surface, it appears to be the retail investors being cut, but in reality, it is your understanding and thinking that are being cut.