Niu Chu is painful, Niu Zhong is happy, and Niu Ding is狂热.
How do you know you’re in Niu Chu?
Every time the price rises, you worry about a pullback. Every time it pulls back, you worry that the bull market actually never really came. You repeatedly doubt yourself and repeatedly get tormented.
That’s Niu Chu. Because the bear market hurt you too deeply, you end up not daring to believe that a bull market is truly here.
In one sentence: Niu Chu can’t cure your bear-market PTSD.
If you don’t believe the bull market is here, you’re likely to miss out, likely to sell at the wrong time—worst of all, to keep shorting with bear-market惯性 thinking. The more it rises, the more you short. That’s truly the one sure method leading to endless doom.
Niu Zhong is happy because you watch your assets slowly climb the slope, and you feel steady happiness.
Niu Ding is狂热. You realize that all the coins you bought are going up (actually, all assets rise regardless). Your assets hit ATH every day, and you think you’re the best crypto trading genius in the entire universe.
The market’s狂热 sentiment is overflowing.
At this time, people can’t hear any advice—but this is exactly when you truly need to stay calm.
Then looking back, during Niu Chu you need to be bold. As the bull market progresses, you actually become more and more in need of being cautious—small, timid, and walking on thin ice—to preserve your victory.
Many people completely get it backwards: they’re timid in Niu Chu, but reckless and overconfident at Niu Ding. That’s the best way to lose money.
How do you know you’re in Niu Chu?
Every time the price rises, you worry about a pullback. Every time it pulls back, you worry that the bull market actually never really came. You repeatedly doubt yourself and repeatedly get tormented.
That’s Niu Chu. Because the bear market hurt you too deeply, you end up not daring to believe that a bull market is truly here.
In one sentence: Niu Chu can’t cure your bear-market PTSD.
If you don’t believe the bull market is here, you’re likely to miss out, likely to sell at the wrong time—worst of all, to keep shorting with bear-market惯性 thinking. The more it rises, the more you short. That’s truly the one sure method leading to endless doom.
Niu Zhong is happy because you watch your assets slowly climb the slope, and you feel steady happiness.
Niu Ding is狂热. You realize that all the coins you bought are going up (actually, all assets rise regardless). Your assets hit ATH every day, and you think you’re the best crypto trading genius in the entire universe.
The market’s狂热 sentiment is overflowing.
At this time, people can’t hear any advice—but this is exactly when you truly need to stay calm.
Then looking back, during Niu Chu you need to be bold. As the bull market progresses, you actually become more and more in need of being cautious—small, timid, and walking on thin ice—to preserve your victory.
Many people completely get it backwards: they’re timid in Niu Chu, but reckless and overconfident at Niu Ding. That’s the best way to lose money.
