William: Is this round of callback over?

I guess everyone has felt bad over the past period of time. After all, the market has been falling for seven or eight days in the past ten days. Until the day before yesterday, which was last Sunday night, I clearly felt that market sentiment had dropped to a very panic level.

This is probably the first time I have felt such pessimism since this round of bull market. I felt that the market should rise last night. It’s not that I can predict the market or anything, but I feel that if it doesn’t rise again, it will be too cruel for young people who have not experienced any storms . It’s too painful to cut meat with a blunt knife. Friends who have experienced the sideways decline for a month in the past should know that “Can the dog dealer give me a quick death?” was the most common phrase I heard during that time. However, yesterday’s big rebound was actually partly due to the fact that the market fell too much, and partly because the global market has improved.

So is the correction over? Most people think it is not over yet, but I am optimistic. Regardless of the short-term market, I always think that the price of Bitcoin is too cheap, so it will not fall much. Most of the time, the correction and waterfall are good friends of the long bull market. They wash off the greedy little brothers on the car, so that the car can be driven more easily.

For me, I firmly believe that the future is like this:

In fact, for us, once you make an investment decision, don't keep changing it. Generally, people who change their minds frequently don't make much money. Stick to one direction and make long-term investments. The probability of making money is definitely greater than short-term speculation.

I would also like to clarify that I am a brainless bullish investor who will neither flee nor be bearish. My content is mostly just a "psychological massage" for those who hoard coins. I hope that everyone is sure that they want to be a long-term Bitcoin investor, and then read my content to feel more comfortable in the process of hoarding, rather than being persuaded by me to make this investment.

After all, this is completely free and public content. I don’t know your financial situation or your ability to afford it, so I can’t give you any investment advice.

I think the callback is over. If you are still a little panicked, I will share a few "Those who understand will understand" series I posted on Weibo yesterday:

Series 1:

Series 2:

The miner's address "turned positive" for the first time in several months. Not only did they not sell, they even started buying. The last time the address turned positive was in December last year.

Series 3:

The two circled places in the figure are periods when SORP was negative, one was in September last year and the other is now.

You can check for yourself what the market was like after September and December last year~

Recharge of faith completed.

The first day of March is off to a good start, I hope it won’t be wasted.

In fact, I think that no matter what kind of investor you are, it is necessary to avoid market sentiment. I should have talked about this before, and I will talk about it again here.

In this market, except for the possible "bankers", everyone is a "leek", whether it is the media, community, big V, analysts, experts, institutions, etc., none of them have the ability to predict the market. Their optimism comes from rising prices, and their pessimism comes from falling prices. They say it has risen when it has risen, and they say it has fallen when it has fallen.

So everyone’s perception is that “ if it goes up, it’s good news; if it goes down, it’s bad news .”

Therefore, when the market is rising, the positive news will be magnified, and everyone will say good things, which makes the FOMO sentiment very serious. For example, this is my Weibo comment about ten days ago when Bitcoin broke a new high:

Similarly, when the market keeps falling, the panic will be amplified. At this time, my Weibo comments become like this:

You see, Bitcoin is still Bitcoin, and the trend is still the same trend, but people’s emotions are very different.

So if you want to do some short-term operations, you must avoid falling into the "short-term emotional trap", which will greatly affect your judgment.

Of course, the best situation is to operate less, watch the market less, and hold it with peace of mind. After all, Bitcoin will reach the moon sooner or later, so why bother about the twists and turns in the middle?

Just hold it with confidence.

Finally, let me share a hard titty from an international financial institution:

“Bitcoin could become the currency of choice for international trade ” -- Citibank.