Investing in Bitcoin, I have my own set of logic. First, I believe in the Halving cycle of Bitcoin that brings about bull and bear alternation, which is almost an inevitable rule. Secondly, each cycle can break historical highs, never disappointing investors. Finally, when Bitcoin pumps, other Crypto Assets often follow, and even double in value.



If you do not agree with these views, then investing in Crypto Assets may not be suitable for you. It is precisely based on these understandings that I decided to get involved. In this round of the market, I invested in over 460 Bitcoins, which is within my capacity. Even if the worst-case scenario occurs, my daily life will not be affected.

However, in the world of investing, there are no 100% risk-free opportunities. High returns always come with high risks, and if there really were guaranteed profits with high yields, it would probably not be available to ordinary investors.

Market cycles always have ups and downs, and returns fluctuate accordingly. This means that during a complete cycle, every investor will go through phases of losses and profits. The most important thing now is to stay calm, restrain emotional fluctuations, and patiently wait for the market peak to arrive. If you panic and liquidate your positions due to a 20% drop, or sell everything because of a 30% rise, you might ultimately miss out on the entire bull market cycle, and such an approach is counterproductive.

To profit in the crypto assets market, one must endure three types of pain: the heartache of losses, the regret of missed opportunities, and the remorse of selling early. These are unavoidable for every crypto assets investor. I recommend not to focus too frequently on market trends, as it will only add to your worries and affect your daily life and work. Recently, I have shifted my focus to personal development, including rock climbing exercises and efforts at work, thus paying less attention to market fluctuations. After all, the market has been fluctuating for nearly three months now, so it's important to maintain a calm mindset.
BTC-1.04%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Share
Comment
0/400
TokenRationEatervip
· 08-03 14:51
More than 400 Bitcoins? Dude is playing big.
View OriginalReply0
NFTRegretfulvip
· 08-03 14:37
Cryptocurrency Trading is not as good as going rock climbing with me.
View OriginalReply0
SchrodingerWalletvip
· 08-03 14:35
Having money means being willful, I am the Whale.
View OriginalReply0
ApeWithNoFearvip
· 08-03 14:32
Being rich allows for indulgence, 460 BTC
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)