Employment prospects in the industry are declining

Since the article appeared yesterday, some readers have expressed skepticism, How has my opinion changed? Let's see what I said about my first idea.

On October 20 and 21, after Bitcoin and Ethereum hit their previous highs between $ 64,800 and $ 4,300, respectively, on October 22, I wrote that "The second half of the cryptocurrency market has started", I think he got into the second half. . . As the market enters its second half, I think the most important thing for any investor is to avoid risk and maintain maximum profits. So three days later, on October 25, I was writing "How to 'sell' in this cattle store.

In the "Sales" article, I wrote:

When Bitcoin and Ethereum hit their preset highs ($ 70,000 Bitcoin, $ 5,000 Ethereum), we started the first part of the 15% sell-off.

1. A total of 40% was sold on payroll and commodities before Bitcoin and Ethereum met their expectations.

2. Sell 15% when Bitcoin and Ethereum reach their peak.

3. Sell 10-20% as Bitcoin and Ethereum fall 20% from their all time highs.

4. Finally, still 10% -20% of last hand and don't change, end the bull market now.

Here are a few of those to look for when selecting yours. What if Bitcoin and Ethereum don't meet the investment I've defined?

Specifically, in the example above, Bitcoin couldn't reach $ 70,000 and Ethereum couldn't reach $ 5,000. Then go straight to level 3 and wait for Bitcoin and Ethereum to drop 20% from their true all-time high, then collect 80-90% of the tokens and leave 10-20% of the tokens forever.

Of course, almost two months after that and so far, neither Bitcoin nor Ethereum has reached the stable investment of $ 70,000 and $ 5,000 that we set. What should we do at this time? In my opinion, you should perform the "heavy duty" tasks mentioned above.

Most investors dive into market cap for a period of time and have some understanding of the market before making their own predictions about the market and guiding their performance based on their estimates and plans.

However, the market is never driven by the will of the person, and this can cause investors to come out of the situation at odds with what they want. What should we do at this time?

First, we need to be careful about our response when the weather forecast, which is the standard in the market, does not match the estimates in our pre-design plans.

Specifically, the stable selling point discussed during the first half of the year is what to do if Bitcoin and Ethereum do not hit their selling point consistently.

Next, we need to identify why the market is different from this market, what circumstances are different from what we want and what has changed. It's about being able to easily respond to transactions when there is an unexpected market.

Now if you look back and take a look at the trends since the opening in the second half of the year, you will see that the different markets are a very particular phenomenon. In other words, after beating their previous highs in almost two months, whether it was Bitcoin or Ethereum, they all only rose by more than 10%, which is not. strong enough not to occur during the past anger of the bull industry.

There are other consequences that should be noted.

Around October 28, Bitcoin and Ethereum saw their first declines in the second half of the year. While Bitcoin's drop in this drop was not 20%, Ethereum's drop has already reached 20% in the short term, but has quickly made up lost ground. We can see this as the tone of the industry, but there are already weak signs. It should raise our vigilance.

And around November 18, Bitcoin and Ethereum fell back, couldn't regain lost ground, and the more than 20% drop is sobering. We cannot view these declines as being market-oriented, but as market-oriented.

Therefore, we need to use the “only in case” concept that we have developed.

With this in mind, many investors wonder if there is a “black bull” market ahead? When you think about this question, I think the first thing you need to do is define your connection to your prospect.

The reason the business operates differently from what we consider is that a few key pieces of the market have changed, and we don't know where our roots need to go back to basics, alert and reassess the purpose of events. to want.

I have said this several times in the past. Two of the key factors in the bull market are the Fed release rate and the second is the impact of Wall Street Capital. The impact of Wall Street Capital was largely due to the Fed's interest rate hike. Fed policy is therefore the basis for investigating the matter.

Given the current situation, let's not be sure about the future, but expectations of a Fed tightening for at least 1-3 months have already been set. When the market is volatile, it is impossible for external funds to enter the market on a large scale. Where do you say big business that later has no money entering the market?

Therefore, within the next three months, we have no choice but to determine the differences according to the macro environment.

On the functionality level, you can change a little more, I think, besides saving 20% ​​permanently, 50% on sales and the remaining 30% depending on the model in the next three months.