Investing in financial market is like a roller coaster, and it’s no exception in the BTC market. In any aspect of investment, fear and greed are the investment psychology of speculators, and the constant balance between which creates a market emotion cycle. For many years, investors have studied the market emotion cycle by virtue of “Wall Street Cheat Sheet”.
It’s quite easy for us to find that the BTC price trend is similar to it. After the all-time high of $20,000 in 2017, BTC has kept the downtrend for 14 months. As for the Altcoins, they will display a great uptrend when issued and listed in the exchanges. But one or two weeks later, they will plunge sharply to the price lower than that for its ICO. Some investors may wonder if they can find the point that BTC will bottom out and buy in. This is not realistic. BTC is under a huge fluctuation. If you are still finding the bottom point and persist the long-term investment, it’s not a wise option.
Q：How can investors profit…
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