After yesterday’s article was published, many readers left comments asking me if I thought the bull market was over and that bitcoin and ethereum had reached their highest point and would soon enter a bear market.
So I immediately opened the article and read the comments below and found that surprisingly many readers thought that my article meant that I thought the bull market was over.
I guess the reason why many readers felt that way was probably because of this statement: “In this sense, for me, the bull market is over”.
What I actually mean is: the bull market has developed so far, I have not bought any new projects that impress me for months, which in my opinion means that the various disruptive innovations and new application scenarios in the DeFi field brought about by the Compound coin issue since the current bull market started last June are no longer available, the fun and excitement of looking for new projects in the bull market is no longer available, and the bull market brings me The joy is also much less, so the rest of the time is to watch the market continue to go through the second half according to the laws of previous bull markets —- Bitcoin and Ether with most tokens continue to come out of new highs until they reach their peaks.
Among the many messages, there are a few readers who read and understand what I am saying.
Seeing these messages, I noticed that many readers are still focused on the market and price first and foremost for the bulls. There’s certainly nothing wrong with that, but if that’s all there is to it, we’re missing out on a lot of fun and fulfillment in this space. I am very interested in the digital currency space not only for the price movement of tokens, but also for the emergence of innovative and disruptive projects in the industry.
Why? Because there are many areas in the world where investors can make money if they are purely interested in making money, but other areas of investment are no longer new, because the investment targets themselves have been mature for a long time, and investors look at them purely based on various data and historical laws to judge.
For example, precious metals, commodities, foreign exchange, these markets where there is nothing new, the underlying investment is something that has existed for decades, investors in these areas of investment is to use their own experience and data.
In the digital currency market, every bull market, we can see brand new projects, brand new scenarios, these projects and scenarios can make us brainstorm and let us see the future. Investing in these projects not only allows investors to enjoy the rise in the price of their tokens, but also brings the sense of accomplishment that comes from investing in them.
I remember after Uniswap issued its airdrop, I wrote an article arguing that investors who dumped their UNI tokens at that time would most likely regret it. Why? Because most of the investors who dumped it would have a hard time buying it back later, and I was convinced that Uniswap would grow into a behemoth. For such a good project, it’s a shame that investors let go of their chips just for a small profit in front of them.
I remember when UNI went as high as $8 and as low as $2 during the sell-off. At that time, the volatility was too much for many people to bear, but now, when we look back at the scene at a price close to $40, do we feel a lot of emotions?
For me, watching UNI, a beast that started from a short sale, step by step to today, and looking back at the time when my judgments about it were verified one by one, this sense of accomplishment and satisfaction is difficult to give in other investment fields.
Not only UNI, but all the tokens I invested in carry my thoughts, judgments and predictions about them at that time. Looking back at those thoughts at that time, the experience and lessons I learned from them are the greatest and most valuable wealth brought to me by this bull market. This wealth will refine and enhance my way of thinking, so that I can lay out better in the next bear market and get better returns in the next round of bull market.
And now, the bull market has come to this stage, there are no more good projects that can give me such thinking and wealth, so I say the second half of the bull market is a bit boring, so boring that all that is left is to look at the market and prices.
In addition, also to say one more thing to everyone, all the tokens that I bought so far, still have not sold.
Posted by:CoinYuppie，Reprinted with attribution to:https://coinyuppie.com/the-bull-market-is-not-over-yet-there-is-still-the-second-half/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.