How to Spend Downtime in the Crypto Circle

Coin World News Report:
A recent article titled “How to Get Through Historical Garbage Time” has sparked discussions in the industry. The so-called “garbage time” in history refers to the period when the economic trend is obviously unfavorable and individuals find it difficult to change the overall situation. This phenomenon is particularly evident in the cryptocurrency industry, as the price increase of cryptocurrencies often concentrates in a few days.


Examples of historical garbage time
Several typical examples of “garbage time” include the economic stagnation in Japan in the 1990s, the great stagnation period in the United States from 1970 to 1982, and the recession in the Soviet Union from 1979 to 1989. During these periods, no matter how hard individuals try, it is difficult to escape the adverse effects of the overall environment.
Garbage time in the cryptocurrency industry
In the investment market, garbage time is even more significant. The price increase of Bitcoin mainly concentrates in a few days each year, which results in most of the time the market being in a downturn, making it difficult for investors to find opportunities.


Strategies to cope with garbage time
In the face of garbage time in the cryptocurrency industry, investors can adopt the following strategies:
1. Lying flat: Many Japanese people chose to “lie flat” after the burst of the economic bubble, no longer striving for economic success. In the cryptocurrency industry, this means staying away from frequent trading, returning to the essence of life, and enjoying life.


2. Going global: In the 1990s in Japan, many businesses chose to go global in search of new opportunities. In terms of investment, when a market is in garbage time, attention can be shifted to other markets, such as US stocks or other cryptocurrencies.
3. Work harder: When the market cannot expand, to gain more profits, one must work harder than others. This “work harder” strategy is particularly evident in on-chain transactions. By participating in projects early and utilizing liquidity exits, profits can be obtained in fierce competition.
Future prospects
History has proven that patience and rational analysis are key during garbage time. Although the best investment opportunity for Bitcoin may have been missed at present, profits can still be obtained in the future through methods such as dollar-cost averaging.
In summary, although garbage time in the cryptocurrency industry is difficult to endure, opportunities can still be found as long as the right strategies are adopted. Whether it is lying flat, going global, or working harder, it is necessary to choose the appropriate response based on one’s own situation in order to get through this difficult period.
Conclusion
Individual choices are crucial during garbage time. History tells us that even in the worst times, as long as we persist and adopt appropriate strategies, we can always find a way forward. As Zhang Yuangan from the Southern Song Dynasty said, “After the rain, flying flowers know the bottom line, and when drunk, one can win freedom.” In the face of garbage time in the cryptocurrency industry, staying calm and responding reasonably will lead to a new dawn in the future.
Hopefully, this article can provide some inspiration and help investors find their direction in the garbage time of the cryptocurrency industry.