#我在Gate广场过新年

Waiting for a rebound in a bear market before selling, waiting for a correction in a bull market before buying—these mindsets are all wrong! If you have this mentality, you’re unlikely to make any money. Let me give you an example. In a bear market, you buy $100,000 worth of Bitcoin, but it drops to $50,000. You wait for a rebound to sell, but usually you end up getting cut in half, and the more you hold, the deeper you get trapped, until you don’t want to look at your account anymore. And in a bull market, you see $60,000 and hesitate to buy, hoping it will correct down to $20,000, but instead it keeps rising to $150,000. $150,000! Remember, recognizing the trend is the most important thing. Once the major trend is downward, don’t wait for a rebound—exit decisively. Once the major trend is upward, don’t wait for a correction—jump in decisively.