The digital currency I bought is "covered", what should I do?
From time to time, readers leave messages asking: When will the BTC I bought at the xxx price be released, when will the Ethereum I bought at the xxx price be released, and similar questions.
"Quilt" is a situation investors will face in any investment market. If trapped investors do not handle their emotions well, they will not only distort their subsequent investment behaviors and affect their investment returns, but in serious cases, they will also misjudge the development trend of the entire investment market, thus losing important opportunities.
We can analyze the "quilt cover" from many aspects from the general direction to the specific details:
The first thing we need to determine when we do anything is whether the general direction is right. If the general direction is wrong, no matter how hard you try, it will be useless. Not only will you not be able to achieve good results, but the harder you work, the more you may get hurt.
This is
This isBecause the overall potential increase in this field is so huge, once the potential bursts out, it will flood any low-lying area like a flood.
In our opinion, the digital currency investment market is an investment field with huge room for growth.
therefore
thereforeIn the future, when its scale expands and grows slightly, massive funds entering this field will fill up almost all fields that seem to be "quilt" now.
"Tian Shi", "geographical advantage" and "human harmony" are indispensable in everything we do. In the field of investment, this "time" refers to the time when our investment behavior occurs.
If the timing of the investment behavior is wrong, if you don’t buy when you should buy, and don’t sell when you should sell, you will completely miss the opportunity and waste a lot of time and capital costs.
So when should you buy and when should you sell? I think that in a bear market, you should buy boldly, and the more bearish you buy, the more you buy; while in a bull market, you should sell boldly, and when you get crazy, you should cash out in batches. If, on the other hand, in a bear market, they cut their flesh and leave the market because they are afraid of further declines, and in a bull market, they dream of rising and chase higher, then the consequences will be disastrous.
Therefore, if you buy during the crazy period of the bull market and get "quitted", you have to wait for the next bull market, and you can only get out of the trap when the market exceeds the previous round. This time cost and opportunity cost are huge. If you buy when the bear market is turbulent and "quitted", then this quilted position is only temporary. When the next bull market comes, you will not only get rid of the set but also reap good returns.
There is an old saying: "The same rice feeds a hundred kinds of people", which means that under the same objective conditions, the contrast between individuals is huge.
The same is true in the investment market. When the market strikes, the performance of different varieties varies widely. In the digital currency market, this difference in individual performance is even greater.
therefore
thereforeIf you choose the wrong product in the investment market, even if the long-term growth potential of this market is huge, and the timing of buying is also very good, the investment return will be very bad.
Shared the situation of "quilt cover" with you from different levels:So
Sotherefore,
therefore,In the field of digital currency, if we invest in mainstream currencies such as Bitcoin and Ethereum in a bear market, even if we are temporarily "quitted", we can face it calmly without anxiety and fear.


