February 20, 2024 Grandpa checks in

The market continues to consolidate. BTC has been consolidating at a high level for several days. The exchange rate of Ethereum has also risen well in the short term. The 3,000 point may have to wait for a small consolidation before breaking through. I think the risk of the market is still relatively large. The fees of many small coins have been raised a lot. After the launch of pixel yesterday, it rose by 20%. This is just a game. It can be seen how fierce the short-term speculation sentiment in the market is.

Of course, since we are in a bull market, the market trend is definitely upward. The consequence of trading in waves is that you will definitely sell at a loss. But if you don’t sell in a bull market, do you have to wait until the bear market falls before selling? In the financial market, mentality is a very important part. Personally, I prefer to trade in batches. The overall rate of return may not be as good as holding at a low position (just my estimate), but I am already very satisfied because I have always had cash flow before this wave.

At this point in the market, I would definitely ask everyone to sell. If there is no problem with cash flow, I would recommend buying Ethereum, after all, the market has not yet finished. And when there are risk signals in the market, I have to tell everyone that you can't just look at the rising side. In addition, those who can really stop profit and sell are happy. Happiness is a comparative degree. Don't always think about making more.

Someone questioned me yesterday, saying that the coins that rose from the bottom only increased by 3-5 times in total, so how did I get such a high return? Fans who have been following me should be able to see, or trace back my historical articles, the time point when I recommended opening a position, that is, the price I bought at, was a very low price. Of course, I also have higher-priced costs, but I need to emphasize that what I am talking about is that some positions have doubled. In addition, I like the bull market like now very much, because there are really more opportunities, and it is very comfortable to use the funds sold to earn some interest. Think about the bear market in the year before last and last year. Don’t be too happy now,

Thank you for your attention and likes.