Many people always think they can “distribute” (sell) in a bull market and “bottom-fish” in a bear market.
In reality, whether it’s a bull market or a bear market is only confirmed after the fact. During the process, you can’t know it. It’s like trading futures/contracts. Many people say, “If only I had known about the crash—I should have opened a short at 2300, held it, and taken a 600-point drop.” Then when the price rises, they say, “Actually, you shouldn’t enter at that level—you should wait for it to go lower and get more.”
First of all, the market has to move in order for you to know what’s happening. You can review and analyze afterward, but obsessing and regretting won’t do anything except create inner friction. Second, even if you know it’s going to fall, you still don’t know which day it will fall. You might be shaken out after holding for just a day or two.
Because you don’t know the situation, there are no conditions for making such judgments—so the so-called idea of “distributing in a bull market” and “bottom-fishing in a bear market” is simply not something you can actually do.
Many people say, “How could anyone not know? 100k is the bull market, 70k is the bear market.” Then I ask you: what about 150k? 200k? And then when it drops to 50k or 60k—how do you explain that?
Based on the actions of “distributing in a bull market” and “bottom-fishing in a bear market,” whoever truly succeeds does it only by luck.
In crypto, the only things you can truly control are two actions—buying and selling—and how much you buy or sell. Everything else is outside your control.
When you look back afterward, you may think, “At 100k, I should have sold perfectly.” But when should you bottom-fish? You don’t know. By the time it falls to 50k, and then to 200k, you’ll think, “50k to 80k is the time to buy.” But if it never falls that low, or never rises to that point—at this moment, you will never know.
So whatever people say about “distributing in a bull market” and “bottom-fishing in a bear market” is a wrong concept. If the concept is wrong, your understanding is wrong. If your understanding is wrong, your actions are wrong. If your actions are wrong, making money becomes very difficult. This market will only allow 20% of people to profit. Keep it up, U guys! @渔歌趋势 #ATH.
In reality, whether it’s a bull market or a bear market is only confirmed after the fact. During the process, you can’t know it. It’s like trading futures/contracts. Many people say, “If only I had known about the crash—I should have opened a short at 2300, held it, and taken a 600-point drop.” Then when the price rises, they say, “Actually, you shouldn’t enter at that level—you should wait for it to go lower and get more.”
First of all, the market has to move in order for you to know what’s happening. You can review and analyze afterward, but obsessing and regretting won’t do anything except create inner friction. Second, even if you know it’s going to fall, you still don’t know which day it will fall. You might be shaken out after holding for just a day or two.
Because you don’t know the situation, there are no conditions for making such judgments—so the so-called idea of “distributing in a bull market” and “bottom-fishing in a bear market” is simply not something you can actually do.
Many people say, “How could anyone not know? 100k is the bull market, 70k is the bear market.” Then I ask you: what about 150k? 200k? And then when it drops to 50k or 60k—how do you explain that?
Based on the actions of “distributing in a bull market” and “bottom-fishing in a bear market,” whoever truly succeeds does it only by luck.
In crypto, the only things you can truly control are two actions—buying and selling—and how much you buy or sell. Everything else is outside your control.
When you look back afterward, you may think, “At 100k, I should have sold perfectly.” But when should you bottom-fish? You don’t know. By the time it falls to 50k, and then to 200k, you’ll think, “50k to 80k is the time to buy.” But if it never falls that low, or never rises to that point—at this moment, you will never know.
So whatever people say about “distributing in a bull market” and “bottom-fishing in a bear market” is a wrong concept. If the concept is wrong, your understanding is wrong. If your understanding is wrong, your actions are wrong. If your actions are wrong, making money becomes very difficult. This market will only allow 20% of people to profit. Keep it up, U guys! @渔歌趋势 #ATH.
