At this stage of the market, everyone seems to be more sensitive to every callback, maybe even a little too sensitive, for fear that the profits that have been obtained will suddenly fly again. After all, people are more concerned about loss than gain. It is indeed a painful thing that what should have been obtained is taken away again.
But there are also many big guys who think that the current price is still far from the top of this bull market, and that the current price is far from the highest price of the previous wave of bull market. There is no increase in the number of times, and it is only more than twice.
No matter how the market changes, we must have our own judgments and coping strategies. After all, for most investors, it may be necessary to invest in cryptocurrencies of this money. We must balance investment and life, so It can be longer.
For example, Tz trader mentioned in twitter that holding two-thirds of the spot trading is a simple and feasible strategy, that is, let us sell one-third, so that part of the profit can be locked in, and if the price of Bitcoin has skyrocketed, at least two-thirds of the spot is still in hand. If it has plummeted, then at least one-third has been paid out, and you can use the money you have already paid to buy the bottom. As the saying goes, you can attack and retreat, whether it's a plunge or a surge, there are corresponding coping strategies.
Compared with other financial assets, Bitcoin is a very volatile asset. From last year to the present, Bitcoin has risen 10 times. It is really incredible to think about it, but compared with other cryptocurrency funds, the increase in BTC is not the largest, so there will always be people who exchange BTC for other cryptocurrencies, which will cause some people to play less and less BTC. This is bound to happen.
It can be said that if you own 10 BTC at present, you should be called a big household. After all, it is worth nearly million. As Bitcoin continues to rise, there will always be people who continue to sell Bitcoin, resulting in less and less coins in their hands.
For coin hoarders, it is always unavoidable to compare the number of bitcoins they hold with their friends around. For example, they will always say who owns how many coins and they all have XXX coins, but the comparison is more uncomfortable.
For friends with relatively small currency, what should we do?
For most ordinary cryptocurrency investors, there is not much money to invest in Bitcoin at the beginning, and they often even count on using the profit from investing in Bitcoin to pay for various expenses in life. , It will be more difficult for them to store coins, and the gap will grow bigger and bigger compared with others. This is the reason many investors said that we can only bet on the future and be more patient than others.
If others are hoarding for four years, then we will hoard them for eight years, twelve years or even longer, so that the huge increase in each cycle will make the difference in currency volume seem quite insignificant. For example, in the last cycle, if the average price of Bitcoin was 40,000, then the current price is 10 times the previous price. In theory, the market value of 100 BTC last week is the current market value of 10 BTC. You see, as long as we are patient and stick to one more cycle, even if the currency volume is one-tenth of others, the market value will be the same.
In fact, for most cryptocurrency investors, due to various reasons, the number of BTC in their hands is not very large, and even in their cryptocurrency investment portfolios, the proportion of BTC allocation may be relatively small. For example, in this wave of DEFI bull market, many friends exchanged BTC for mining coins. Therefore, for friends with less BTC, it is necessary to be more patient and take time and patience to make up for the gap in currency volume. In addition, when other currencies increase by a large amount, you must make a profit and then buy BTC again and hoard it, and once the bear market comes, the decline of BTC will be the smallest. It is necessary to change all other currencies to BTC. Of course, if the rhythm is well grasped, of course, all coins can be sold at the peak of the bear market. Switching to stablecoins, and then swapping them back at the bottom of the bear market, will increase our currency volume. However, the risk of this operation is also great, and the amount of currency in our hands will decrease. Of course, whether it is a bear market or a bull market, the ability to continue to make money may be the most important, so that not only can you keep the coins you already have, but you can also continue to increase your position at an appropriate price.
