Bijie.com News Report:
In the face of the overall situation, individuals are always insignificant. Warren Buffett became the “Stock God” because he was born in the United States and invested in US stocks. The rise of the wealthy class in China is riding on the wind of China’s reform and opening up over the past 40 years. Some people have gained returns tens of times or even higher by investing in altcoins/MEME coins because the rise of Bitcoin has driven market sentiment and brought incremental capital…
But if the entire market is in a downturn, personal efforts will be in vain.
In the investment market, “garbage time” is particularly vivid.
Take Bitcoin as an example, most of its gains are concentrated in a few months, and the rise in those months is concentrated in a few days.
Most of Bitcoin’s annual gains occur within 10 days each year. If we exclude the top 10 performing days of the year, Bitcoin actually has a negative return.
All the waiting is for these crucial ten or so days.
So, how should individuals deal with the garbage time in the investment market?
In this regard, A-share investors may have some experience.
The first method is to lie down.
Since you can’t resist, just lie down and enjoy. If you can’t change the reality, then change yourself.
As the cryptocurrency community puts it, go outside and enjoy life, no longer be held hostage by candlestick charts, go outdoors, go on dates with beautiful men and women, meet up with friends…
At this time, staying away from frequent trading, investing in core assets such as Bitcoin through regular investments, and holding cash like USDT for continuous financial management is a fortunate thing in life.
The second method is to switch.
Look for new opportunities in non-garbage time markets.
Investing is the same. When A-shares are in garbage time, many A-share investors turn to the US stock market and the cryptocurrency market.
In 2024, when the cryptocurrency market is also in garbage time, investors will shift their attention and liquidity to the US stock market.
This is not speculation, but the real situation. The US stock market has absorbed a large amount of liquidity from the cryptocurrency market this year. Many cryptocurrency billionaires with net worth in the tens of billions of dollars have made substantial investments in companies like Nvidia and Tesla, reflecting another reality: the overall wealth effect in the cryptocurrency market this year is far less than that of the US stock market.
The third method is to hustle.
When the cake doesn’t get any bigger, if you want to get more cake, you can only grab it from others. This is hustling, being ruthless to others, and even more ruthless to oneself.
Hustling in the cryptocurrency market is typically associated with on-chain PVP (player versus player) and scalping.
For small retail investors, there are greater opportunities on-chain. After all, on exchanges, your counterpart may be market makers, exchanges, and project parties. But on-chain, with a relatively clear chip structure, everyone can potentially become a major player by participating early, and then rely on hyping up community members to achieve liquidity exits.
However, as the on-chain activity becomes more intense, the lifespan of each project token holder becomes shorter and shorter, from one week to one day, or even one hour. This is a more brutal fight, not to mention various MEV (Miner Extractable Value) robots and professional rug issuing teams on-chain.
If you are bold enough, join in the hustle.
History has garbage time, but individuals don’t. Perhaps we have missed the best time to invest in Bitcoin. In the unchangeable present, maybe it’s still not that bad, the most cost-effective choice.
What will the future be like?
Currently, we are on the eve of the Fed’s interest rate cut, waiting for the resolution of the Mentougou incident.
In 2025, with global macro policies loosening, a new bull market will be launched.
As long as you don’t get liquidated by contracts, when it starts to rise, it may only take a few weeks.
Be patient and endure, and it will be smooth sailing ahead.
Don’t be too optimistic now, nor too pessimistic:
When holding coins patiently, it’s time to buy in batches when there is a drop of more than 10%.
Don’t sell at the bottom, hold on and endure, and you will encounter a turning point.
For example, the latest news about the Mentougou incident stating that a certain amount of BTC is unclaimed.
For example, the Fed’s interest rate cut in September.
For example, positive news about a value coin you purchased.
The future is promising, but don’t fall on tomorrow, don’t sell at the bottom.
Those with money should wait for a significant drop and buy in batches, while those without money should lie down and wait for positive news.
Later, I will provide analysis of leading projects in other tracks. If you are interested, please follow. I will also regularly organize some cutting-edge information and project reviews. Welcome to join in the exploration of the cryptocurrency circle. If you have any questions, you can comment or send a private message.
