The price has been fluctuating up and down over 70,000 again, wearing out the patience and confidence of all investors. Is eight months really enough?
Once a new high is broken, like Musk's Starship starts ignition, the next moment will be the moment of soaring into the sky. If you are not in the car, you can only sit in front of the screen and watch.
In every bull market, there are a large number of people who miss out, and a large number of people who are greedy and chase high prices, all thinking that they can grasp it. But what you think is just what you think.
If most people can grasp the situation, who will the dog dealers make money from? The capital market does not produce wealth, it only redistributes wealth.
The surging bull market is a redistribution of wealth. In the upward trend, we should not be afraid before being afraid, and be more greedy before being greedy. We should respect the market, stay rational, grasp the cycle, and grasp the big reversal of fortune. But we should also remember that retail investors will definitely be the last to buy at high prices.
You must not have faith in the financial market (except for those who hoard Bitcoin). When the cycle is over, you have to leave!
Whether Trump or Harris is elected, Bitcoin will reach new highs and a violent bull market will come. By then, the market will be like a roller coaster, stimulating everyone's nerves.
Some will cheer and some will be anxious. In this feast of wealth, who will be the winner and who will leave in disgrace?
The helplessness of those who miss out
In every round of bull market, there is always a group of people who missed the opportunity to enter the market in the early stage and watched the price of Bitcoin soaring, with helplessness and regret in their hearts.
They feel fear in the price fluctuations of Bitcoin. They lack knowledge and have no psychological confidence, so they are afraid of being trapped and their wealth shrinking. They are still hesitant before the bull market takes off. Their fear makes them miss a cycle.
They are called "missing the boat" and their stories are the eternal tragedies of the capital market.
However, there is also a group of people who saw the opportunity in the violent bull market of Bitcoin and made a decisive bet. They greedily pursued more wealth, kept buying at the beginning of the bull market, and sold in batches at the end of the bull market, earning the biggest profit in the market. Their greed in the bull market made them the biggest beneficiaries of the bull market.
Those who missed out on opportunities eventually became high-chasers.
The tragedy of those who chase high prices, those who chase high prices often do not realize that they are heading towards the brink of tragedy. When the price of Bitcoin reaches its peak, they continue to buy, hoping to sell at a higher price.
However, market changes are always unexpected, and when prices start to fall, they find themselves in trouble.
The raging bull market of Bitcoin is a feast of wealth and also a test of human nature. In this feast, some are happy and some are sad. Seven losses, two draws and one win and a four-year cycle are unchanging rules. At least this rule is still followed until now. However, there are always some people who just don't believe in it and act against the rules.
The four seasons of the year, winter storage 2022, spring plowing 2023, summer planting 2024, autumn harvest 2025, if you look back 10 years, it is the same, do the right thing at the right time, investing is sometimes not that complicated, the way of life is simple, what is complicated is human nature.
However, no matter you are losing money now or making full preparations for the big bull market that is about to start, don't worry, there is still time, this is just the beginning, the world is still uncertain, you and I are both dark horses, walk with Mo, this is just the beginning.
I am Ximo, a web3 evangelist who is committed to turning your main job into a side job, and your side job into unemployment (financial freedom).
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