Just woke up from a dream, and when I opened the market, Bitcoin has plummeted again. This drop came a bit unexpectedly, but it was also within expectation.
In a bear market, I set a strict rule for myself - no greed and definitely no impulsive actions. When I see Bitcoin weakening, many people may panic and try to buy the dip or rush to cut losses, but I choose to stay put. After going through several cycles, I've come to understand that what a bear market tests the most is not predictive ability, but mindset.
Adhering to principles and controlling risks are the common characteristics of the longest-lived traders. Short-term fluctuations do not change much; what truly matters is not being hijacked by emotions.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
6 Likes
Reward
6
4
Repost
Share
Comment
0/400
PrivateKeyParanoia
· 9h ago
Another plummet, but I have to admire this mindset, it really tests one's mentality in a Bear Market.
View OriginalReply0
ProofOfNothing
· 9h ago
Another plummet, it's a common topic, the mindset is the key!
View OriginalReply0
MoonRocketman
· 9h ago
The Bollinger Bands have started to narrow, and this round of adjustment is actually recalibrating the launch angle. The RSI has not reached extreme Oversold levels yet, indicating that the market maker still has some ammunition left, so don't rush to press the launch button.
View OriginalReply0
WhaleWatcher
· 9h ago
The real winners in a Bear Market are those who lie back and win; those who chase the price and sell with bearish market every day are already out.
Just woke up from a dream, and when I opened the market, Bitcoin has plummeted again. This drop came a bit unexpectedly, but it was also within expectation.
In a bear market, I set a strict rule for myself - no greed and definitely no impulsive actions. When I see Bitcoin weakening, many people may panic and try to buy the dip or rush to cut losses, but I choose to stay put. After going through several cycles, I've come to understand that what a bear market tests the most is not predictive ability, but mindset.
Adhering to principles and controlling risks are the common characteristics of the longest-lived traders. Short-term fluctuations do not change much; what truly matters is not being hijacked by emotions.