#Gate广场新手村第十期 Regarding the views on bull and bear markets, honestly, they are not as strong for me now. The size of the crypto market has become very large, and for $BTC , bull and bear markets are becoming less obvious. Unless there is a major crisis in the global market, it’s hard for so many institutions to withdraw their chips. Therefore, there’s no need to argue too much about bull and bear markets. The bull market can also have many crashes, and the bear market can rebound strongly. In my view, when the market is not doing well, it is a bear market; when the market rises, it is a bull market. As long as you follow the trend and can make money, that’s all that matters.

Most of the time, money is made in bear markets, but it only manifests during bull markets! Money is lost in bull markets, but only realized during bear markets! Think about it, ponder it carefully! Isn’t this the logic? Although it’s difficult to bottom out in a bear market, many buy at the lowest prices, and the paper gains are always negative. But as long as you can hold $BTC , when the bull market erupts, you can easily profit and even get several times or ten times the returns.

Moreover, most of the time, the market starts with BTC rising first, then leading mainstream coins to rotate. This creates arbitrage opportunities. When the bull market begins and BTC rises, you can sell some of it, and allocate to mainstream coins that haven’t risen yet, riding the market wave to make gains.

This avoids the risk of altcoins retracing significantly and crashing to zero during bear markets. Waiting until $BTC rises before allocating to altcoins is safer. The key point is to sell before the bull market ends; otherwise, profits from altcoins can also decline sharply. The safest approach is to take some profits from Bitcoin and use them to play with altcoins. Even if you don’t manage well and face a sharp downturn, you can endure the losses.

Still, it’s better to be cautious in prediction and focus on strategies. Be prepared for the worst, buy in and wait for the next bull market. In the short term, don’t focus on paper losses; prepare for long-term investment.