Source: Daoshuo Blockchain
In the blink of an eye, another year has passed, and we are ushering in 2024.
For the new year, many articles have recently expressed expectations and optimism, listing several major events that may benefit the crypto ecosystem this year, such as:
Bitcoin is coming of halved.
Ethereum’s upcoming Cancun upgrade.
Bitcoin ETF may pass.
The Federal Reserve may start cutting interest rates.
In addition to these objectively favorable external environments, within the encryption ecosystem, we have also seen positive signals emerging in multiple subdivisions, such as:
The continued prosperity of Ethereum. Second floor expansion.
Institutional investors and big funds are entering the Mingwen ecosystem and starting to invest in Mingwen-related projects.
The game ecosystem will have a number of works supported by famous capital coming online this year.
The social ecosystem is being driven by a new wave of entrepreneurship through games like xpet.
A large number of projects will launch token airdrops this year.
These signals are indeed very exciting, and to some extent they also make me more convinced that the encryption ecosystem will most likely usher in a new bull market this year or next year.
We have been holding on to the fixed investment for more than a year and will soon have the opportunity to realize it.
In today's article, I would like to share with you some things that our retail investors should pay special attention to in the upcoming bull market before it arrives.
Today I will share with you the two biggest issues.
The first one is to live until the end of the bull market and never fall before dawn.
More specifically, it is an old saying that I have repeatedly mentioned: We must continue to keep enough living expenses for 18 months so that we can maintain our lives under any circumstances without being forced to sell. Give your own chips.
At the end of 2022, we ushered in a comprehensive unblocking, and all of us are full of expectations and excitement, looking forward to a fruitful harvest in 2023.
However, the facts are extremely cruel: in the past year, what we have actually experienced is the disappearance of several industries, the collapse of several top 500 real estate companies, and the downsizing of a large number of companies...< /p>
I live in a first-tier city, and my office is the central business district of this city. The vacancy rate of this office space has been higher in the past year. Some offices that used to be rented for a long time now change businesses every now and then. A considerable portion of the street-facing shops on the first floor have always been vacant.
What I heard most from my friends last year was “flexible employment” and “budget reduction.”
Under such circumstances, 2024 may still be a challenging year for each of us ordinary people. Therefore, we still cannot take our livelihood security lightly this year.
Work hard and make money, we must persist until the bull market.
The second is that in the upcoming bull market, we will see a prosperity in the market. It seems that there are "opportunities" everywhere, but many of these "opportunities" may also be traps.
Is this environment a good thing or a bad thing for us retail investors?
I think it is possible:
It is possible that we will seize our own opportunities and achieve a class jump in one leap;
But it is also possible that we You will get lost in it. Not only will you fail to seize the opportunity, but you will lose the chips you have finally accumulated.
So how do we deal with this situation?
I recommend that you deposit a large portion of your fixed investment assets into a hardware cold wallet no matter what. For more conservative users, you can even put all your assets in a hardware cold wallet.
This part, especially Bitcoin and Ethereum, can bring us stable and predictable returns in the bull market.
This part of the assets cannot be taken out until the bull market is realized.
The remaining part can be used to participate in new projects or change positions, or not to participate in any new projects or change positions at all.
I believe that as long as we do these two things well, we will at least hold on to the bottom line, and at least we can lock in our fairly high certainty of returns in the future bull market.
I wish our readers all the best and good luck in 2024.
JinseFinance