Investment advice in the bull market phase
After yesterday's article was published, many readers asked some questions about investment methods. These questions are common problems that many investors (including myself) will encounter in the investment process.
Some readers mentioned:Since it is not for sale, it is still optimistic, so you can buy it; now it is neither recommended nor sold, does this seem a bit contradictory?
This seems to be a bit contradictory. The reason for not selling is that I am still bullish, but the investment market is ever-changing. Is it possible that the market will suddenly take a sharp turn, causing the market to completely enter a bear market? It is entirely possible, even if the probability is small, it may happen. Once this kind of market reversal occurs, the harm to investors will be very great. The first victims are investors who have just bought into the market at a higher price.
As the price gets higher and higher, the probability of the market reversing into a bear market becomes higher and higher, so investors who buy later are more and more affected by this risk.
Therefore, buying at a higher position does not mean that you cannot make a profit, but that this kind of profit is accompanied by greater risks. It is not worthwhile to buy against this risk in my opinion.
I regard this price as "chicken ribs": it's tasteless to eat, but it's a pity to throw it away. Many investors are hesitant about tasteless, but I will not, I will completely ignore it.
Some readers also mentioned: I have repeatedly emphasized the fixed investment price in the article, but there are still many people who have not acted.
I think this may be because many investors who have just entered the market are not used to this method of fixed investment, so they dare not take this step. After all, it is no small challenge for investors to overcome psychological obstacles and compete with themselves.
Perhaps through this transition from a bear market to a bull market, friends who have experienced the bear market that started three years ago will now have a personal experience. When the next bear market comes, it will be a new round of opportunities.
In the article the day before yesterday, a reader commented:Now Filecoin is very popular, why didn't you pay attention?
It is estimated that this reader may have seen that I have not talked about Filecoin in recent articles, so I feel that I have not paid attention to this currency.
In fact, I have been paying attention to this currency for a long time, and wrote many articles before it went online. But after it went online, it almost went on a roller coaster market --- after a brief surge to more than 200 US dollars, it plummeted to more than 20 US dollars.
When the currency price attracted a lot of criticism, some practices of the project party in the early stage of the mainnet launch also caused dissatisfaction among the majority of miners. All these negative information have caused the price of Filecoin to slump for a long time, which is in stark contrast to the rising trend of other tokens, especially DeFi tokens, during the same period. This was ridiculed by many investors that Filecoin was abruptly made a "stable currency".
Readers who have read my series of articles on investment experience know that I wrote in the article that after a series of style changes, I do not have a strong feeling for the market's rise, but I have an unusual interest in the market's plunge.
In the past one or two months, seeing that the price of Filecoin has been so low and has been stable at 20-30 US dollars for a long time, and the market has a relatively negative impression of it, I think the opportunity has come to start the layout. It happened that a reader asked about the value of Filecoin in the message, so I wrote in the article: You can vote for Filecoin within $30.
I remember that not long after that, it rose to 50-60 US dollars in an instant, nearly double the increase. Today’s price has reached about 90 US dollars, so the layout was within the fixed investment price I set at that time. At present, it has at least 2 times the increase. Time Also less than two months.
Therefore, the time when I pay the most attention and interest to an investment product is when it plummets or slumps, not when its price has risen to a high level.When it has become famous all over the world and everyone starts to pay attention to it, what we have to consider is when to sell it.
