Regarding the views on bulls and bears, they are not so strong for me now. The size of the cryptocurrency market has become very large, and for $BTC , the distinction between bulls and bears is becoming less obvious. Unless there is a major crisis in the global market, it is difficult for so many institutions to withdraw their positions. Therefore, there is no need to argue too much about the views on bulls and bears. There are many crashes in a bull market, and bear markets can rebound fiercely. In my eyes, when the market is not doing well, it is a bear market, and when the market is rising, it is a bull market. As long as you can make money by following the trend, that's enough.
In most cases, money is made in bear markets, but only manifests in bull markets! Money is lost in bull markets, but only discovered in bear markets!
Think about it, isn't this the logic? Although it is difficult for us to touch the bottom in a bear market, many buy at the lowest price, and the account keeps showing losses. However, as long as you can hold on to $BTC , when the bull market erupts, it will be easy to make a profit, and you will also see returns of several times or even more than ten times.
Moreover, most of the time, when the market starts, BTC usually rises first, then drives the mainstream coins to rotate, creating arbitrage opportunities. If the bull market starts and BTC rises, you can sell some, and invest in mainstream coins that haven't risen yet, allowing you to benefit from the market.
This way, you can avoid the risks of substantial retracements and going to zero for altcoins in a bear market. After $BTC rises, it is safer to invest in altcoins. Just be careful to sell before the end of the bull market, otherwise the profits from altcoins can also retrace significantly. The safest approach is to use some profits from Bitcoin to play with altcoins. Even if you don't grasp it well and encounter a crash, you can still bear it.
Still, it’s important to make light predictions, focus on strategies, prepare for the worst, buy, and wait for the next wave of bull market. In the short term, don’t look at the losses on your account, and be prepared for long-term investments.
