/crypto
CapitanMorgan
·
2 years ago
Are you preparing for the next bullish cycle?
CEO of Binance: "During the last high, newcomers admired experienced holders who invested early and waited for new heights. That's what it's like in the other half of the cycle.
How you will feel during the next maximum depends on your actions now. Not financial advice"
What did CZ mean?
Novice investors have a stereotype that it is easy for experienced holders to buy a crypt at the bottom and wait for new heights. Or they just got lucky.
But in fact, it is much more difficult to buy during a correction or "crypto winter" than to buy a crypt during growth. Because you have to overcome your emotions and buy with the knowledge that tomorrow the rate may be even lower.
In addition, everyone around is adding negativity, predicting a further decline and the "death" of the crypt — this is the most difficult time for investment, but such decisions can more than pay off in the future.
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