I used to strongly believe in a saying:
Just endure the bear market, and the bull market will return on its own.
It sounds reasonable and gave many people reasons to keep going.
When prices fall, tell yourself to keep holding on. When the market moves sideways, tell yourself to be patient. When you’re losing money, tell yourself it’s only temporary.
But later I realized that simply “waiting it out” isn’t an investment logic.
If a project’s fundamentals, market demand, liquidity, and development situation are all changing, then relying on time alone can’t guarantee it will return to its past highs.
Some assets will come back into the market’s spotlight, while others will gradually lose relevance.
The market won’t automatically reward you just because you’ve held for a long time.
That’s also a realization I built gradually after suffering a major loss:
Before you persist, you must keep re-evaluating.
If the logic still holds, choosing to continue observing is an option.
But if you’re only unwilling to face changes because you’ve already invested a lot and waited for so long, then that may not be patience—it might be getting trapped by sunk costs.
I used to always want to prove that I hadn’t been wrong.
Now I’m more willing to admit:
Investing allows you to make mistakes. The real danger is making a mistake and then refusing to reassess.
I still follow the crypto space, and I still look at market sentiment and industry changes.
But I no longer interpret “long-term holding” as unconditional commitment, and I won’t take “not having gone to zero yet” as proof that the future will definitely improve.
What ordinary investors need most isn’t to be steadfast forever, but to retain the ability to adjust.
Because the market is always changing, only those who keep reviewing and recalibrating have a chance to go further.
The position you’re holding onto now—are you doing it because the logic is still there, or because you’ve waited too long already?
#比特币突破8.5万美元 #山寨币 #币圈暴富
Just endure the bear market, and the bull market will return on its own.
It sounds reasonable and gave many people reasons to keep going.
When prices fall, tell yourself to keep holding on. When the market moves sideways, tell yourself to be patient. When you’re losing money, tell yourself it’s only temporary.
But later I realized that simply “waiting it out” isn’t an investment logic.
If a project’s fundamentals, market demand, liquidity, and development situation are all changing, then relying on time alone can’t guarantee it will return to its past highs.
Some assets will come back into the market’s spotlight, while others will gradually lose relevance.
The market won’t automatically reward you just because you’ve held for a long time.
That’s also a realization I built gradually after suffering a major loss:
Before you persist, you must keep re-evaluating.
If the logic still holds, choosing to continue observing is an option.
But if you’re only unwilling to face changes because you’ve already invested a lot and waited for so long, then that may not be patience—it might be getting trapped by sunk costs.
I used to always want to prove that I hadn’t been wrong.
Now I’m more willing to admit:
Investing allows you to make mistakes. The real danger is making a mistake and then refusing to reassess.
I still follow the crypto space, and I still look at market sentiment and industry changes.
But I no longer interpret “long-term holding” as unconditional commitment, and I won’t take “not having gone to zero yet” as proof that the future will definitely improve.
What ordinary investors need most isn’t to be steadfast forever, but to retain the ability to adjust.
Because the market is always changing, only those who keep reviewing and recalibrating have a chance to go further.
The position you’re holding onto now—are you doing it because the logic is still there, or because you’ve waited too long already?
#比特币突破8.5万美元 #山寨币 #币圈暴富
