The fundamentals and value of BTC have not changed; what has changed is human nature and the cycles. Right now, we are just at the beginning of a bear market, and everyone is definitely panicking and afraid. When it stops falling at a certain point, there will be at least a 15-20% rebound. Of course, the rebound is also meant to help you breakeven, not for you to rush in. Moreover, a bear market won't just keep falling; there will definitely be rebounds. The rebounds at the beginning of a bear market are easier to trade because the fluctuations are large; it will only go down and then rebound, down and then rebound, just like in a bull run cycle, big pump and fall, big pump and fall. The essence is reversed. Once I understand this clearly, I won’t be afraid to trade oversold rebounds. When the opportunity arises, I'll take action, just place the orders and slowly scoop up the profits. Although the risk is high, I can accept it. The goal during a bear market is to increase funds by 50%-100% to buy the dip. Therefore, choosing to trade oversold rebounds might leave you hanging in the tree, so you have to accept this fact. You must bear the consequences of your choices; anyway, I can handle it because the value of BTC hasn’t changed; it’s still the same BTC as before.
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The fundamentals and value of BTC have not changed; what has changed is human nature and the cycles. Right now, we are just at the beginning of a bear market, and everyone is definitely panicking and afraid. When it stops falling at a certain point, there will be at least a 15-20% rebound. Of course, the rebound is also meant to help you breakeven, not for you to rush in. Moreover, a bear market won't just keep falling; there will definitely be rebounds. The rebounds at the beginning of a bear market are easier to trade because the fluctuations are large; it will only go down and then rebound, down and then rebound, just like in a bull run cycle, big pump and fall, big pump and fall. The essence is reversed. Once I understand this clearly, I won’t be afraid to trade oversold rebounds. When the opportunity arises, I'll take action, just place the orders and slowly scoop up the profits. Although the risk is high, I can accept it. The goal during a bear market is to increase funds by 50%-100% to buy the dip. Therefore, choosing to trade oversold rebounds might leave you hanging in the tree, so you have to accept this fact. You must bear the consequences of your choices; anyway, I can handle it because the value of BTC hasn’t changed; it’s still the same BTC as before.