My operation idea: When will the bull market be realized?

During this period of time, many readers have mentioned the question of when to sell their holdings, and many of them are friends who have been reading our articles and insisting on regular investment. I am very relieved to see these. What is gratifying is that these friends have survived the long bear market, withstood the suffering in their hearts, and now they are finally seeing book profits.

But when to sell is now the most concerned issue.

First of all, I would like to say to those friends who can hold coins, congratulations, you have survived the torment of the bear market and adapted to the method of fixed investment. This is half of the long march.

However, whether this Long March can achieve results in the end depends on the realization, and there are two problems that must be resolved in realization: one is when to realize the realization, and the other is how to realize the realization.

In my opinion, when to cash out is the first problem that must be solved.So today I will share how I think about when to cash out.

When I mentioned investment in previous articles, I like to emphasize that investment must depend on one's ability to bear risks, and we must be able to bear the consequences of what we do.

Since the risks that each person can bear are different, the investment methods that each person is suitable for will inevitably be different. There is no one-size-fits-all iron rule, only methods that vary from person to person.

When we decide when to liquidate our positions, we also need to consider our risk tolerance.

I mentioned my plan in the previous article: If the next trend of this round of market is that Bitcoin and Ethereum move forward in waves with continuous callbacks, then this round of market is likely to last for a long time, then I will wait until Bitcoin rises to $100,000 before selling in batches; but if Bitcoin and Ethereum move forward in a sudden and skyrocketing manner, then this round of market may end early, and then I may not Wait until Bitcoin rises to $100,000 and sell early.

Judging from the current market trend, I think the market trend is more in line with my expectations:Basically, it advances in waves in a way of continuous callbacks, so I have not changed my strategy at present, and I still hold the currency and wait.

But will my judgment be wrong? Or will there be unexpected situations in the development of the market? Of course it's possible. So if my judgment is wrong and the market turns sharply, the worst situation for me is that none of the Bitcoin and Ethereum in my hand are sold, so that I have worked so hard from 2018 to now. There is no gain in fixed investment, and at least you have to wait another 4 years to have a better chance to realize it.

In fact, this worst situation is the last thing every currency holder wants to see and is most worried about, and it is also the biggest knot in every currency holder's heart.

How to untie this knot? How to deal with this problem? It depends on everyone's tolerance for this risk.

My attitude is this:

First of all, I am firmly optimistic about the future of the entire digital currency, I believe it is the direction of the digital age, I believe it is a huge treasure, so in the long run, I am firmly optimistic about the future of Bitcoin and Ethereum.

I once wrote in an article that I believe that in the next 15 years, it is entirely possible for Bitcoin to rise to 1 million yuan (this is my conservative thinking before, and it may not take so long to rise to 1 million).

The fixed investment price I set by myself is 10,000 US dollars (70,000 RMB). In the 17 years from 2018 to 2035, as long as Bitcoin can rise to 1 million RMB once, my income can reach 150,000 RMB. times. 15 times in 2017, this income is the spike of most investment products.

Therefore, I decided to bet on my beliefs. Even if the sudden change in the current bull market caused me to have no chance to realize it at all, I would not regret it and continue to wait for 4 years.

This is actually the same as my investment in the Shanghai and Shenzhen 300 Index in the stock market. I bet on the prosperity of the country, so I firmly believe that the future of our country is bright, then the stock market will not be bad, and the Shanghai and Shenzhen 300 Index cannot be underestimated for a long time .

Secondly, it is not enough to have ideals alone. Faith needs material conditions to support it. As far as my situation is concerned, even if the digital assets I invest in have not been realized at all, I have to wait at least another 4 years. In these 4 years, I will not be forced to sell them because of life, so I can bear this risk, and I will not Because this investment affects my daily life.

Therefore, based on the above two fundamental premises, I have made preparations to deal with extreme risks, and now continue to observe market trends and continue to hold coins.

I suggest that other friends who hold coins also consider these two aspects: first ask yourself, are you optimistic about the future of Bitcoin and digital currency? If you are optimistic, if you miss this round of realization opportunities, you have to wait another 4 years. Can you bear this risk?

Based on these two factors, if your answer is yes, then let it go, continue to observe the market trend, hold the currency, and we will witness how this round of bull market will develop.

If not, then choose the price you think is appropriate according to your actual situation and start cashing out.If we make a fixed investment within 10,000 US dollars, as of today, the bitcoin in our hands will have 4 times the income, and the realization of this income will be quite impressive. Even if Bitcoin has risen a lot after being realized, don’t regret it, we can’t seize every opportunity in the market, we can only seize opportunities that suit us.

There will never be a shortage of opportunities in the investment market. This time we did not have the desired harvest, and we will fight again in the next bear market.