In the novel (The Three-Body Problem), there is a classic plot where the young Ye Wenjie sends a signal to the Three-Body system, which is received by a listener in the Three-Body system, whose identifier is 1379. He is a kind listener, well-versed in the dark forest theory of the universe. After receiving the information from Earth, he replied with four words, repeated three times: Do not respond! Do not respond! Do not respond! Because responding would expose the coordinates of Earth civilization, and exposure would mean that the civilization could face imminent disaster.
Early this morning, mainstream coins like Bitcoin, Ethereum, and BNB hit new lows since the recent adjustment, nearly halving compared to their peak. Many friends are eager to buy the dip, thinking it is very cheap now.
I'm sorry to dampen your spirits, but I have a four-word suggestion: Don't catch the falling knife! Don't catch the falling knife! Don't catch the falling knife!
Since 2017, the cryptocurrency market has gone through three bull cycles and two bear cycles, and it is currently experiencing the third bear market. Looking back at the adjustments in each bear market, they can generally be described as brutal. You think it has hit the bottom, but in fact, it is still halfway down; you think it is at the floor price, but who knows that there is still a basement below the floor. The bear market does not speak of a bottom; in the face of the big trend, you will find that all macro-level and technical-level analyses will fail. Do not blindly trust the big influencers; they perish by trying to catch the falling knife.
The first rule of a bear market is to ensure the safety of funds and survive. Going all-in is certainly a bold move, but staying in cash and waiting for the right moment is also a great wisdom! Only by surviving in a bear market can you enjoy the thrill of going all-in when a bull market arrives.
In the long bear market, low-cost strategies to earn some certain money are a way to survive. For example, the recent xpl plaza task, as long as you create with heart, will indeed yield rewards. The first 500 participants will receive generous rewards from the project party, adding some guarantees for your survival in the bear market.
There is still tomorrow's wallet OPN booster project, which is a hot favorite in the prediction track. Friends who meet the conditions should actively participate and are likely to gain good returns.
