Odaily Planet Daily News: Placeholder's partners discussed the current cryptocurrency market sentiment, stating that although the market sentiment is sluggish and many people choose to give up due to fear, this is precisely the opportunity for investors. He emphasized that in the history of cryptocurrencies, there have always been people predicting that prices will continue to fall at the bottom, and there are also people worried about chain crashes during forks. At this moment, the market is facing a challenge, but staying calm and patient is the key to coping.
He believes that the current situation is a mid-term correction in a bull market, rather than a cyclical peak, and the correction of Bitcoin will not change this view. He suggested that selling at the moment is not a good choice as it may cause you to miss out on opportunities during the upward trend. If there is surplus funds, one can increase holdings appropriately when the market becomes attractive.
He also mentioned that although the stock market may still fluctuate, Bitcoin and cryptocurrency, as the "war horses" in the financial market, will be most directly affected by policies. Therefore, do not exit the market out of fear or try to make overly smart decisions, otherwise you may miss opportunities when the market rebounds.
Finally, he believes that the current moment is exciting for blockchain, which is gradually gaining international recognition and many powerful teams are driving the deep development of this technology.
