Bitcoin has retreated 15%, and altcoins have collectively retreated more than 50%. How should we adjust our mindset? ? ?

In the past few days, all the chat groups have been in an uproar. When I opened them, I found that the market had a big correction, which made many people lose confidence.

Various voices have been heard, such as the black swan of war, and the short-lived bull market will soon end. Some friends even said that Bitcoin is a tool for Americans to reap global wealth.

If you have only entered this circle in the past six months, then this may be the first time you have seen the cruelty of the cryptocurrency circle. You came here because of the increase and high returns, but the Bitcoin train is fueled by the wealth of countless "smart people"

In a bull market, the rise and pullback are a healthy process.

By the time we react, it is too late. Just like last year I kept saying that it looks like garbage now, but in a bull market, there is gold everywhere.

But if you are a contract, then the position may be gone between the two.

The current situation is very similar to the situation on August 18 last year. I remember it very clearly. On that day, BTC fell back from 30,000 to 24,000. This time the callback is not that big, but the panic sentiment in the market is almost the same.

But since then, BTC has started a 6-month long upward trend.

I often joke:

It is a very new concept. If you cannot psychologically withstand a 70% drop in three days, do not invest in cryptocurrency.

Such people could not see Ordi/Atom at that time, nor did they believe in the DA module blockchain, would never see the Bull Market, and would not believe in any MEME.

If BTC comes out, they would rather have hot pizza than BTC. In their hearts, they don’t believe in any possibility of making money in the medium and long term.

In their eyes, there is only cutting and being cut, only short-term gambling, and only quitting when they are ahead. When I say this, many people will feel hurt, but let it be. The bull market is coming, and it is too late to cut, and you can only be confused.

Calm down, we are long-term players. Yesterday, Bitcoin plummeted. There were all kinds of voices in other groups, such as going to 50,000, crashing, short selling, etc. These are all very impetuous behaviors. There are no such voices in our community. Why?

We are all like-minded players. The correction in the bull market is not a risk but an opportunity for us. You must understand this truth. Several friends asked me how to analyze the trend. After I told them this truth, they all felt relieved. They should cover their positions and sleep instead of watching the market nervously.

In a bull market, do less operations. Your mentality is very important. Let me tell you about my mentality. You should think like this: if the price goes up, I should be happy, right? This means that my decision has been verified. If the price goes down, I should be even happier. Why? Because I can get chips at a lower price.

A fan asked me before, looking at the current housing market and the upcoming bull market in the cryptocurrency circle, can I pledge my house and go all in?

I said absolutely not, don't borrow money to speculate in B, don't add leverage on or off the market

In a cycle, it is undoubted that Bitcoin outperforms real estate

But Bitcoin outperforming the house does not mean that you can eventually hold Bitcoin and outperform the house. These are two completely different things! !

Therefore, you must not sell or mortgage your only house to speculate in cryptocurrencies. This is the beginning of amplifying your gambling nature. What good results can a person who amplifies his gambling nature come to a big casino? Choose your own house if you have many houses. Think about whether you are suitable for investment before making a decision.

If you use borrowed money or leverage, can you really hold on to it if you encounter today's situation? You can't help but sell it, but it's hard for me to resist.

Based on the current or next few months' price, who will outperform whom after about two years? Normally speaking, Bitcoin will definitely outperform real estate. However, the most dangerous part of investing in Bitcoin (coin) is not the short-term profit or loss, but whether you have enough determination to hold on to an upward trend.

The cryptocurrency world is not all about luxury cars, beauties and decadence, nor is it all about bloody gamblers who make money and whose contracts are blown up.

You can also have your own methodology, your own investment philosophy, and your own persistence, and earn the money you deserve.

Think carefully, invest well, and live well.#etf #比特币减半 #大盘走势