Recently I have found that there are a lot of new people entering the B circle. Almost all the people who have added me recently ask me what to buy and whether they can still enter the market now, or they have already bought based on other people’s recommendations and are losing money and ask me what to do.
As Bitcoin breaks through historical highs, the money-making effect of the B circle will become larger and larger, and many people from traditional fields and other financial fields will gradually participate in it.
Compared with traditional industries and traditional financial fields, the growth rate of the global market in the B circle is indeed very attractive. There is no limit on the growth rate. Some may increase several times in a day, dozens of times in a few days. The wealth obtained from a bull market can exceed the earnings of office workers in their lifetime.
In addition, now that Bitcoin has broken new highs, everyone knows that the bull market is coming, which gives people an illusion that it is easy to make money in a bull market and that you can make money in any way, it’s just a matter of how much you can earn.
But in fact, through my many years of experience in the B circle, I know very well that the bull market is when retail investors lose a lot of money.
Because there is no limit to the increase or decrease, if you buy the wrong currency or enter the market at the wrong time, then a random pullback will be 30-50 points, and 100,000 yuan will be reduced by 50,000 yuan in an instant.
If you take one or two wrong steps, your goal will change from making money and getting rich to wanting to get your money back.
There will be many traps in a bull market. Many people are coming in now, and when they see a sharp increase in the price list, they can't help but go all in, or they buy it when someone says that a coin is good.
I never thought that choosing a currency is a very important thing. After you choose the currency, you also have to choose the right time to enter the market. The best time is to enter the market before you identify the bottom of the current stage and before it starts.
Many experienced investors do not have this ability, let alone newbies who have just entered the circle, who are even less likely to have this ability.
But they can't resist the temptation of the bull market, always thinking about making money every day, so they will operate blindly, but you will find that when you chase it, you often enter at the current stage top, and it will start to pull back as soon as you chase it. If you don't chase it, you will find that it will soar.
If you see this coin rising, does it really have value? No, it is because you see it appear in the list of rising coins, but it appears today, and tomorrow the list of rising coins will be replaced by other coins.
What you see are only a few of the thousands of currencies that have entered the list of rising currencies and are on the news of rising currencies, but this is only temporary and does not mean that they will continue to rise.
Just like the top 100 currencies by market value at the moment, they are just a ranking after the last bull market, and it does not mean that they will still be valuable in this bull market. After this bull market, the ranking of the top 100 currencies by market value will undergo earth-shaking changes.
If you can't resist the temptation in the bull market, chase the rise, buy and sell based on the news, then you buy the wrong currency, the timing is wrong, and when you encounter a big correction of 30-50 points, 200,000 yuan will become 100,000 yuan, and then you can't help it, worry, get scared, and be disappointed in it.
Then you see other coins rising sharply, and hear others say that this coin will rise to a certain level, so you adjust your positions over there. As a result, as soon as you catch up, the coin starts to fall back, and 100,000 yuan becomes 50,000 yuan.
With these two waves of operations, you suddenly realize that to get back to your initial 200,000 yuan capital, you need to increase it fourfold. You clearly came here to make money, but you find that the return on your investment is nowhere in sight.
Therefore, everyone must always remind themselves and stay sober. Although the general trend of the bull market is good, one must also have the ability to see and seize opportunities in order to get the desired results.
Otherwise, if you make a mistake once or twice, it will be difficult to recover the losses. The entire bull market changes from the goal of making money to how to earn back the principal.
When you make a mistake once or twice, half a year may have passed. The bull market will not last forever. If you miss the best opportunity, it will be very difficult to get your money back.
Whenever you can’t control your greed, ask yourself, do you know this currency? Can you understand its trend? Is it just the beginning of the rise? Or has it reached its limit? When we solve these problems, we can minimize the risk, and then we can consider how to maximize the profit.
Know clearly whether the currency you are investing in has value potential, whether it is the best time to enter the market, and clearly know that there will be a market trend in the future. Then don't make the wrong decision by adjusting your positions to chase the rise just because other currencies are rising.
Just like the brothers and sisters in our community, who execute strategies, make correct operations, and have been making profits, our total assets have been increasing, but many people outside are still shrinking. With this advance and retreat, the final results of the bull market will only become more and more different.
Finally, walking alone is lonely. The bull market is coming. Qiqi Small Circle welcomes everyone to join us. Let us move forward hand in hand and embrace the uncertainty of the future with certainty.#DOGE #sol $BTC
