The first principle of the bull to bear transition is excessive leverage, not unfavourable information.


If you have a long-term vision, you won't act impulsively due to a temporary surge in a copycat project or feel distressed over a temporary drop in value coins.
The rise of a bull market will deplete future annual returns.
The decline in a bear market will increase future annualized returns.
Even if the motivation for chasing after altcoins belongs to greed, human nature will still veil this action with a layer of rational logic.
In fact, the crowd deeply trapped in greed has no rationality at all.
The best way to ensure excess returns is to buy quality assets at prices below historical valuations and wait for mean reversion.
The higher or lower the valuation when buying determines your future returns. #美联储降息25个基点# #BTC战略储备市场影响# #XRP ETF上线# #PI# #GT#
BTC-3.77%
XRP-5.93%
PI-6.14%
GT-5.27%
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DreamyHeavenlyMountainChildvip
· 09-21 10:00
Hold on tight, we're going to da moon 🛫
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LoveSongJiangvip
· 09-21 08:59
$PIJS has completed a hundred days of trial operation, achieving a breakthrough from 0 to 1. Now, like a seedling waiting to grow, it has the potential to become an encryption giant in the future, thanks to its underlying logic similar to that of $BNB.
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MiaoRenfengvip
· 09-21 08:15
Hurry up and enter a position! 🚗
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XiaoyaoWuyazivip
· 09-21 01:16
Steadfast HODL💎
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BrotherJingAhvip
· 09-21 00:35
The first principle of the bull-to-bear transition is excessive leverage, not Unfavourable Information.
If you have a long-term perspective, you won't be impulsive for the big pump of altcoins or troubled by the temporary fall of value coins.
The rise in a bull run will overdraw future annual returns.
The fall in a Bear Market will increase future annual returns.
Even if the motivation to chase the price of altcoins is rooted in greed, human nature will still overlay a layer of rational logic on this action.
In fact, the crowd deeply entrenched in greed has no rationality at all.
The best way to ensure excess returns is to buy quality assets at prices below historical valuations and wait for mean reversion.
The valuation at the time of purchase determines your future returns.
View OriginalReply0
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