Home web3.0 What do you need to know to enter the currency circle?

What do you need to know to enter the currency circle?

Mar 06, 2024 pm 04:37 PM
Bitcoin currency circle Bitcoin blockchain

When entering the currency circle, you must understand one thing and what your expectations are


Many friends who have not yet boarded the bus look at the current 6w pie and are disappointed. They must be very anxious. In fact, this is unnecessary


Some people lament that they did not get more than 20,000 pieces of pie a year and a half ago, but in fact, those who got low chips probably sold out around 40,000 to 50,000. This is their expectation for Bitcoin. This position is gone, and no matter how high it flies later, it has nothing to do with them.


If your expected target for this bull market is 100,000-150,000, then if you enter the market now and follow a suitable strategy, you can earn about 200% if you hold on.


But if your expected target for this bull market is 150,000-200,000, then if you enter the market now and follow a suitable strategy, you can earn about 280% if you hold on.


There are always people who feel that the price/performance ratio is not high now. They feel that they can’t make much money if they buy now. They always want to wait for the price to drop back to 4-5w before buying. It would be best if it can go back to 3.5w


In fact, this is a psychological feeling. If there is a sudden correction, you will most likely not buy it. This is human nature


From December to early February, the pie stayed above 40,000 for almost 2 months, and even fell back to 3.80,000 at one point. But look at how many people got on board? Once there is a correction, everyone is waiting for lower chips, and they all think in their hearts: Let the currency price fall a little more. This is human nature, it is difficult to overcome


The funds that are constantly being bought now are brought by ETFs. The buying costs of those institutions and old money are more than 50,000. Your cost of 60,000 is just one less than the most powerful institutions and funds in the world. A little bit, but you are still not satisfied and want to wait a little longer


The result is that there is a high probability that you will never get on the bus again


The idea of ​​when to wait for a correction is naive and wrong. We have no ability to predict whether it will fall or continue to rise.


There are no conditions for judgment. If you do this, the probability of losing is higher. That's a gamble. Gambling can make huge profits, but smart businessmen only make limited profits. Only limited profits can last long.


The position of Bitcoin may not be so critical to you. In the bull market, it is more important. On the way to the bull market, if you do spot and want to make big money (not contracts)


First, we must give up the first precise point, just be close to it. The main thing is not to miss the point. Because your goal is to earn several times, not to care about the current 10 points.


Second, it is long-term thinking.


Third, good attitude


Fourth, we must set a goal. When the target is reached, we must sell it in batches, instead of being reluctant to sell.


If you practice these disciplines and formulate a fixed investment plan, you will surpass most people in the market, and you will definitely be able to reap the dividends of this cycle

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