Many people always think they can โdistributeโ (sell) in a bull market and โbottom-fishโ in a bear market.
In reality, whether itโs a bull market or a bear market is only confirmed after the fact. During the process, you canโt know it. Itโs like trading futures/contracts. Many people say, โIf only I had known about the crashโI should have opened a short at 2300, held it, and taken a 600-point drop.โ Then when the price rises, they say, โActually, you shouldnโt enter at that levelโyou should wait for it to go lower and get more.โ
First of all, the market has to move in order for you to know whatโs happening. You can review and analyze afterward, but obsessing and regretting wonโt do anything except create inner friction. Second, even if you know itโs going to fall, you still donโt know which day it will fall. You might be shaken out after holding for just a day or two.
Because you donโt know the situation, there are no conditions for making such judgmentsโso the so-called idea of โdistributing in a bull marketโ and โbottom-fishing in a bear marketโ is simply not something you can actually do.
Many people say, โHow could anyone not know? 100k is the bull market, 70k is the bear market.โ Then I ask you: what about 150k? 200k? And then when it drops to 50k or 60kโhow do you explain that?
Based on the actions of โdistributing in a bull marketโ and โbottom-fishing in a bear market,โ whoever truly succeeds does it only by luck.
In crypto, the only things you can truly control are two actionsโbuying and sellingโand how much you buy or sell. Everything else is outside your control.
When you look back afterward, you may think, โAt 100k, I should have sold perfectly.โ But when should you bottom-fish? You donโt know. By the time it falls to 50k, and then to 200k, youโll think, โ50k to 80k is the time to buy.โ But if it never falls that low, or never rises to that pointโat this moment, you will never know.
So whatever people say about โdistributing in a bull marketโ and โbottom-fishing in a bear marketโ is a wrong concept. If the concept is wrong, your understanding is wrong. If your understanding is wrong, your actions are wrong. If your actions are wrong, making money becomes very difficult. This market will only allow 20% of people to profit. Keep it up, U guys!
@ๆธๆญ่ถๅฟ #ATH.