Survival Guide of Bull Market: The Way of Holding On
In the wave of the bull run, there seem to be opportunities everywhere, but in fact, there are hidden reefs. 'Holding on', this seemingly simple requirement, is actually the most difficult challenge in the bull run.
First, the market is like turbulent waves, with violent price fluctuations, and pullbacks often come unexpectedly, causing people to tremble with fear.
Secondly, the 'fear of heights' instinct in human nature is infinitely magnified in the Bull Market. As the price of the currency continues to rise, fear gradually replaces greed, and every pump is accompanied by inner struggle and unease.
Thirdly, the rhythm of the bull market is mostly characterized by the gradual rise from the bottom. This means that during the long upward trend, pullbacks and fluctuations are always present, testing the patience and determination of investors.
Fourthly, the 'comparison' mentality is another trap in the Bull Market. When you see others' investment targets rising far more than your own, anxiety and doubt will quietly arise. Often, in a moment of thought, you hastily sell, only to watch yourself miss the subsequent explosive rise.
Fifthly, the overwhelming display of wealth on social media, with profit screenshots of millions or tens of millions, is dazzling. In the midst of this clamor, it is especially important to stay calm and true to oneself.
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Survival Guide of Bull Market: The Way of Holding On
In the wave of the bull run, there seem to be opportunities everywhere, but in fact, there are hidden reefs. 'Holding on', this seemingly simple requirement, is actually the most difficult challenge in the bull run.
First, the market is like turbulent waves, with violent price fluctuations, and pullbacks often come unexpectedly, causing people to tremble with fear.
Secondly, the 'fear of heights' instinct in human nature is infinitely magnified in the Bull Market. As the price of the currency continues to rise, fear gradually replaces greed, and every pump is accompanied by inner struggle and unease.
Thirdly, the rhythm of the bull market is mostly characterized by the gradual rise from the bottom. This means that during the long upward trend, pullbacks and fluctuations are always present, testing the patience and determination of investors.
Fourthly, the 'comparison' mentality is another trap in the Bull Market. When you see others' investment targets rising far more than your own, anxiety and doubt will quietly arise. Often, in a moment of thought, you hastily sell, only to watch yourself miss the subsequent explosive rise.
Fifthly, the overwhelming display of wealth on social media, with profit screenshots of millions or tens of millions, is dazzling. In the midst of this clamor, it is especially important to stay calm and true to oneself.