Why others will miss the next bull market？ In economics, there is no single...

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Why others will miss the next bull market？
In economics, there is no single right choice, only better or worse.
Because the market started up doesn't mean it won't take two steps back.
Stay cautious because crypto investing can quickly turn into gambling
No one knows where cryptocurrencies will be a week, a month or a year from now. Timing tops and bottoms is the way to enter the market for newbies. Throw out your bad predictions
Rule of thumb: Buy high, sell low Change direction when the trend reverses Stop loss in time to understand profit taking
Let's go back in time so we can get a glimpse of the future: when the signal was flashing at $60,000, few retail investors were exiting. When we reach $100,000 by the end of 2021, how will anyone sell, right?
[1] @$69k - $100k here we come!!!

[2] @$60k - I'll get some profit when we get back up to $69k

[3] @$50k - should sell to $60k, too late to sell now

[4] @$40k - Since I'm still around, I might as well buy some here at 40% off! We're going back to ATH anyway!

[5] @$30k - Bitcoin is down by more than half since its highs. I just raised $40k when I now can't exit

[6] @$20k - $15k will be the bottom. I'll sell a little now and come back later

[7] @$25k - Whale manipulation. I don't believe this rally: it's a trap!

Do you see what's happening there? Sunk cost fallacy combined with predictions about the future. It's hard to think rationally when you're intoxicated by the euphoria of parabolic boosts. It is even more difficult when you are underwater and suffer significant losses. The market may put you in denial. Or worst of all, the exclamation could have done something different to change your current situation.
The market is never obvious. It is designed to fool most people in most situations.
Capital preservation is paramount: it replaces the rate of return on capital.
Institutions have the ability to profit when prices move in either direction. More importantly, they have the capital needed to create and maintain trending markets. Whales swim with the current, and so should you. This is why it is worthwhile to determine which market stage/phase we are in. This requires some analysis of the technical variety... Technical analysis, you might say. I don't mean studying astrology or watching for wave lines to intersect. I mean the classical market cycle: it is an objective framework for analyzing asset prices. The values taken are also market capitalization and coin purchases, holdings
Just as you respect a downtrend when it is active, you should respect an uptrend once it confirms itself. The market pays you to react, not to predict. Give up wanting to be right. Stop trying to impress people with your predictions.
Why do you think YouTubers and influencers get so much attention? No one is clairvoyant - unfollow Everything you need to know about the cryptocurrency market is right in front of you. In any case, cryptocurrency investors stare at charts all day long; that time would be better spent learning how to read them objectively.

When the signal was flashing at $20,000, few retail investors entered. When we hit $10,000 by the end of 2022, how will anyone buy, right?

[7] @$17k - $10k here we come!!!

[6] @$25k - I'll buy low when we drop back to $20k

[5] @$30k - Should have bought at $25k, too late to buy now

[4] @$35k - Since I'm still around, I might as well sell some here at +100%! Anyway, let's get back to the bottom!

[3] @$40k - Bitcoin has more than doubled since its lows. When I sold some back at $35,000, I now can't buy

[2] @$45k - $50k will be the highest. I'll buy a little now and take profit later

[1] @$40k - Whale manipulation. I won't budge: diamond hands!
If you don't have more time for crypto, then I hope you keep DCA, which is the recommended method for passive investing. There is a good reason for this. Just know that investors who don't manage risk end up losing more than traders. Traders who don't manage risk end up as long-term investors (holders)

Not financial advice, used for resource sharing purposes only