I believe the cycle has not disappeared at all; it has just 'evolved' to be more complex and with a longer time span. In the past, the market would have a major rise and fall approximately every four years, but now it may take eight or even ten years to complete such a cycle, which is what CZ referred to as the super cycle.
In the past, the market's ups and downs were extremely intense, with wild fluctuations that made people's hearts race; now the market's trend has become much more moderate, resembling a steady forward progression, with less of that thrilling rise and fall.
In the past, when the market was good, everyone dared to dive in with enthusiasm and belief, without much consideration; now it’s different, the market places more emphasis on the rational allocation and structural arrangement of funds, and it is no longer driven solely by enthusiasm.
But the hardest thing to change is not what the market looks like, but our retail investors' mentality. You see, when the market rises, many people become inflated, thinking they are very capable and can make money on any investment; when the market drops, they immediately become dejected, lose confidence in the entire market, and start complaining and doubting.
Saylor says there will be no more market winters in the future, but I can't be that optimistic. Even if the market won't be as bleak as before, our retail investors' hearts will still fluctuate between greed and fear. As soon as there is an opportunity in the market, we can't help but greedily want to make more money; when the market drops, we become extremely frightened and rush to sell.
What I want to say is that the market cycle of four years may be gone forever, but the cycle will definitely not disappear. Why? Because those deep-rooted aspects of human nature, like greed, fear, and blind following, have never changed; they have always influenced the direction of the market.
Every time the market experiences a significant rise, it is actually ringing the alarm for us: don't just focus on those so-called big cycles, as they are merely the result of many people acting impulsively and making mistakes together.
True maturity is not about guessing how the next round of the market will change, but about understanding which stage of the market you are currently in. Having this clarity allows you not to be swayed by the emotions of the market and to make more rational investment decisions.
Brothers, a strong coin that can make a 10x profit is here, and I will prepare for a big wave in the upcoming market. This time, if we succeed in all-in, we will definitely make a lot of money. I want to witness it in the chat room.#美联储降息 #加密市场反弹 #美联储FOMC会议
