What is the significance of persistence in this train of cryptocurrency?
In the past few days, some new investors have asked, in the current situation, if they want to invest in digital currency, what should they invest in?
I suggest that friends who are only entering the market now and are willing to use funds that do not affect their lives to gamble in the second half of the game should invest in Bitcoin and Ethereum with the highest safety factors. Because in this situation, even though I still believe that the market will have a second half, I have to guard against the occurrence of extreme situations --- that is, there is really no second half, and I will bear it for at least 4 years. The most reliable assets that can withstand this extreme situation are Bitcoin and Ethereum in my opinion.
If we measure Bitcoin and Ethereum at the peak of the previous round, we can find that the current price of Bitcoin is twice the peak of the previous round of bull market, while Ethereum is less than twice the peak of the previous round of bull market; , I am increasingly convinced that the market value of Ethereum will surpass Bitcoin, not necessarily this round but at a certain point in time. Therefore, no matter in the short term or in the long term, the potential of Ethereum is slightly larger, so the allocation ratio of Ethereum can be higher than that of Bitcoin.
However, friends who enter the market and invest now must also do a good job of psychological construction. Don't think that now is the bottom, and entering the market now is to buy the bottom, which is to take advantage of it. Because it is difficult to estimate how the short-term market will change. It may be the short-term bottom, but it may also fall, and it is more likely to linger at the current low level for quite a while to slowly digest this major adjustment. So I suggest that friends who enter the market now should buy and use the method of fixed investment, and don't shoot all the bullets at once.
At any time, we must have firm confidence, but in terms of specific operations, we must be in awe of the market and control risks.
I originally thought that this market crash would hit many friends, but after reading a message on the news yesterday, I realized that there are not many friends who have confidence in digital currency.
The following are excerpts from CCTV’s recent comments on Bitcoin’s regulatory analysis news. I have selected some to share with you:
"In 2017, because I heard your remarks, I also believed that Bitcoin was a virtual speculation. I resolutely did not buy Bitcoin. It is too late to regret it. This time I want to get in the car anyway. I would rather invest 100,000. Return to 0, and I don’t want to watch it”
"I would rather return to zero than hold A shares for a lifetime"
"Chinese people cut flesh and foreigners buy bottoms. Is this what you want? Bitcoin is a scam. How many times has it doubled in ten years? What about your cancer? Ten years or 3,000 points, is it embarrassing? As long as you hold the spot and don't jump around Bitcoin At least the currency has not been used by others”
"You don't talk about systemic risk in the 3,000-point stock market in ten thousand years?"
"Going to the stock market is not the same as being a leek"
"The people's money must be in the hands of the people, even if the warehouse explodes every minute, I'm happy to ask you to take care of it"
"For us ordinary people who are not the second generation of rich officials and do not have high IQ and high EQ, cryptocurrency is currently the best way for ordinary people to leap up the class. Others, such as working for a lifetime, can't earn a house , if you buy a lottery ticket for a lifetime and pay five yuan, you won’t win, and starting a business not only has no capital, but you are still close to death.”
After reading these messages, I seem to see the countless friends behind the messages who are still gritting their teeth under the current big drop, and see their cognition and persistence forced out by reality.
Of course, there is one point I want to explain: Friends who have read my investment experience series of articles and early articles know that I also invest in A shares, and I also like A shares. For the specific method of investing in A shares, you can refer to my investment experience series of articles. So for A shares, my opinion is different from these comments, but the core of these comments is to explain one point, which is what I mentioned in yesterday's article: In traditional markets and traditional fields, it is almost impossible for us to achieve Turn over, realize class leap and even wealth freedom.
So I hope that in the current situation, as ordinary investors, we can control the risks well and persevere as much as possible without affecting our lives. I firmly believe that we will have unexpected gains in the end.
