When choosing asset allocation, one factor I take into consideration is: Can it survive the bear market!
Watching the market in a bear market is equivalent to chronic suicide.
So what if it goes up? Will you sell? So what if it goes down? Did you lose money? To put it bluntly: everything is book wealth.
If you watch too much, you will become a psychopath.
Those who do not consider the overall situation are not qualified to plan for a city.
Since you have chosen to make long-term investments, it is meaningless to ignore short-term ups and downs.
It is obvious to the naked eye that in order to pay salaries, exchanges for users, and KOLs for traffic, they use all possible means in the bear market to defraud your BTC.
What’s interesting is that this kind of gameplay has existed since the birth of the cryptocurrency circle, and today in 2023, there are still countless people who are happy to go in and die? It can be said that if you don’t cut the leeks, you will cut yourself.
The more you care about something, the more it will eventually kidnap you. Don’t be a leek that changes your faith because of a positive line. If you want to do something, be an investor who ignores the ups and downs and has a clear mind.
Since you know the ending is good, why do you still care about the ups and downs in the process? Are you feeling bad about it?
Why am I quite conservative when choosing investment targets? The reason is simple. I position myself as an investor. I will not invest a penny in targets that have no future.
In the 21-year cryptocurrency circle, there is a popular saying: The old cryptocurrency experts can’t keep up with the times, and they have no voice in this bull market.
It’s funny. There are many projects in the cryptocurrency circle right now, and the old people are behind the scenes directing them. They just invited a few young actors. Do you really think the old people are old?
How does the cryptocurrency world work?
How are leeks harvested?
How can retail investors make money?
Solve these three problems first, then consider whether to join the circle. Don't fall into the trap of idealism, it will kill you!