The recent coin and stock prices are much lower. Some friends may think this is an opportunity and want to seize it. I also think it is an opportunity, because from a big perspective, the Fed will raise interest rates until the end of the year, and then the pace of interest rate hikes may slow down. If the US economy really declines next year, the next wave of money release may begin again. The cycle of the coin circle itself, from the perspective of carving a boat to find a sword, is basically the bottom in the next three months. So if you consider all aspects carefully and have extra money, you can add it.
But when I say considerately, there are a few things to note:
1. If our estimate is wrong, will it have a big impact on you? For example, we estimate that the bottom will be reached in the next two or three months, but it will only be reached in half a year or next year? Can you psychologically bear the halving of the price based on the lowest possible price? How fault-tolerant is the entire plan?
2. Consider risks other than investment, such as whether you have a stable job, long-term positive cash flow, and whether you have considered the occurrence of low-probability events, such as suddenly needing to use a sum of money somewhere and having to take it out immediately.
3. If you have a plan to increase your position, some friends may think of using leverage in the exchange instead of using new money. I actually think this risk is very high. Whether it is 312 in 2020 or 519 in 21, there is always a big fluctuation in this industry. With a big fluctuation, your leverage may be cleared even if it is a small multiple. I remember that the person who liked eth on Weibo before, Carving Time or something, and Onekey's Big Bear, both lost a lot of coins during 312. Compared with leverage in the exchange, leverage in the exchange is much safer and will not require you to make up for it so urgently.
4. Over-the-counter leverage + on-site spot + no small-wave trading + put it in an exchange or transfer it to a hardware wallet to ensure safety, and at the same time ensure that your daily life will not be affected before it doubles or 2-3 times, then this is worth it. Of course, it is not easy to do.
5. There are many types of off-market leverage, such as previous credit accumulation, some people have high credit card limits, and some people can borrow low-interest loans with low annualized rates and long repayment periods through mortgages. However, these are not achieved overnight, and they require at least half a year or a year of preparation, and require a relatively full understanding of the risks involved, and at the same time, retaining redundant people to do it.
6. In general, I think that at a relatively low level, if you hold a certain amount of spot, not to mention the return that can be multiplied several times or more in 24 or 25 years, as long as you can ensure the safety of the coins and don't mess with them after buying them, then the profit from selling them in the second half of next year, minus the cost of funds from the end of this year to then, the probability of a positive result is very high.
7. Again, this is easy to say, but after this year's decline, everyone may have a direct understanding of the bear market. If there is another year like this, it will be really uncomfortable. I advise you to invest in something safe and secure. If you really want to seize the opportunity, you must first fully consider your own capital and the risks you may face before you do it.