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“Brothers, this bull market is over, let’s start planning for the 2024 halving.” The title comes from this joke that was circulating in the group after yesterday's stock crash. If the market goes up, they say this year is the last chance. If it goes down, they will see you in 2024. I have to say that this generation of investors is the most optimistic. When we said we would wait until 2020, we were not kidding. We really didn’t believe we could make it to 2020. So today's small retail investors are crying and shouting when the stock price drops less than 10%. They are really too young. Those who entered the market during the bull market don't know what despair is and can even joke about waiting another four years. However, as far as the current situation is concerned, after this round of market conditions, everyone should have become a lot fatter. If we really have to hold on until 2024, it will probably be much more comfortable than the previous two or three years. But obviously the bull market is not over yet, and the market hasn’t fallen much. Many people really shout loudly, “Risks come from rising prices, and opportunities come from falling prices!” Then when the price really dropped, I found myself panicking. It turns out that the so-called opportunities come from falling prices, which means "other people's opportunities come from the falling prices of your goods." Speaking of halving, we are still in the “radiation” of the halving market in 2020. The S2F model is the most similar to the halving market at present: If it really reaches $100,000 and then remains flat for a few years, everyone will probably feel uncomfortable. In fact, I think it is really amazing. Bitcoin keeps rising unilaterally, and retail investors are complaining about missing out on Bitcoin and having a lot of altcoins in their hands. When Bitcoin does not rise, retail investors are also complaining about missing out on Bitcoin and saying that their own coins will not rise. But when the crash comes, retail investors are crying and howling that they have suffered a huge loss... What on earth did they buy? I hope everyone will not be such a retail investor. Don’t be one of those retail investors who are wiped out in thin air. In fact, I think many people, whether they are looking for a pullback, wanting to buy at the bottom, or doing hedging and other short-term market operations, must pay attention to one major premise, that is, whether you think the bull market is still there. Essentially, as long as the bull market is still there, then you are basically right to buy at the bottom at any time; on the contrary, if the bull market is gone, then you are wrong to buy at the bottom at any time. Looking at the general trend is far more important than looking at a few points at the moment. This is why I think waiting for a callback is meaningless. In the long run: Do you think there is really a big difference between buying above or below those small waves? Again, if you really want to buy at the bottom, buy slowly and don't wait for a pullback. If you think the bull market is over, then go short. Why are you still standing there? After this period of time, I found that many people have begun to waver in their belief in hoarding coins. I can understand this because everyone finds that hoarding coins is really meaningless. In a bear market, it’s okay to huddle together for warmth, because there’s nothing you can do anyway. But after a bull market, everyone has more choices, including what I talked about in my previous article. You should cash out when you need to. It’s definitely a good thing to find out that you don’t really have faith when you’re making money, which is much better than finding out that you don’t have any faith when you’re deeply trapped. Then if you really want to hoard coins, try not to care about the short-term market, and don't trust those gods who can predict the rise and fall and those big guys who can analyze the rise and fall for you afterwards. The market is stronger than everything, and the market itself is the biggest news. Share a Weibo post, I hope you can benefit from it: Okay, okay, let’s talk about something happy. Bitcoin completed a landmark event yesterday. For the first time in history, the price of 1 Bitcoin exceeded the price of 1 kilogram of gold. This means that the unit price has officially exceeded that of gold: Now it can be said that "Bitcoin is more expensive than gold". We are passing milestones one after another, and it is good to stop and rest for a while. In fact, I think such a decline is great. If the leverage in the market is too full, it should be cleared by such a big injection. This is very healthy. But I think everyone may feel uncomfortable, so today's article was temporarily changed to give you some psychological massage. It’s okay. If the bull market really ends now and the $500,000 won’t come until 2024, I will be here with you waiting for it to arrive. Just leave me more heartwarming comments like this. A waterfall, you are still alive, enough to appreciate it. |
