Since getting on board in 2021, after two rounds of bull and bear markets, the biggest realization is this: when the market doesn't cooperate, any further efforts are just a waste of energy.
Numbers on paper don't count; what you actually have in hand is yours. Floating profits can evaporate at any time, but floating losses are a real pain. That's human nature: reluctant to let go when prices rise, and stubbornly holding on when they fall.
My strategy has changed now - first, secure a passive income that can cover daily expenses, and then wait. Wait for what? Wait until the big trend becomes clear to heavily get on board, making easy money along the way; occasionally hitting a small bull, earning some pocket money is also fine.
What you should really do during a bear market is to take a good rest. Don't spend all day staring at the market, fantasizing about bottom fishing and turning things around. If you need to lie flat, then lie flat. Take care of your state so that you can seize the next opportunity when it comes.
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DaisyUnicorn
· 12-04 14:14
No matter how much the flower of unrealized profit blooms, it will eventually wither; it's the unrealized loss that really hurts... The insight from the guy who entered in 2021 is spot on—why does it feel like I'm looking in a mirror?
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SoliditySurvivor
· 12-03 08:51
That’s so true. Unrealized gains are just an illusion; you only understand real pain when you cut your losses.
Should have realized earlier that following the trend is much better than messing around aimlessly.
I’m stuck at the passive income stage, not sure what to do.
Lying flat definitely feels better mentally than staring at the charts every day—I’m a textbook example of what not to do.
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PensionDestroyer
· 12-02 02:26
It's too realistic to say that you need to have passive income as a foundation, so your mindset won't collapse.
Unrealized gains aren't really money; you only understand it after experiencing losses.
In a bear market, you should take a break and stop deceiving yourself.
One word: wait.
I understand the joy of making pocket money, but the premise is to stay alive.
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LayerZeroJunkie
· 12-01 15:12
To be honest, the part about unrealized gains struck a chord with me; you only understand it through personal experience.
Really, buying the dip to the point of being emotionally drained is a common occurrence.
I'm also pondering over passive income; that's true.
Lying flat during a Bear Market is indeed much more comfortable; no more pretending.
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RektCoaster
· 12-01 15:11
Indeed, unrealized gains are just wealth on paper; a pullback wipes it all out.
You're right, first stabilize the passive income, and then let fate take its course.
Lying flat in a Bear Market is the hard truth; don’t be clever and try to buy the dip every day.
Facing reality is a bit painful, but it's much better than losing to the point of questioning life.
This wave summarizes thoroughly, but executing it is too difficult.
It's really about waiting, waiting until the wind comes before moving; otherwise, it's just giving away money.
Unrealized losses are indeed more painful than unrealized gains; that’s true.
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StealthDeployer
· 12-01 15:10
Really, unrealized gains are all virtual, only what is withdrawn is called money.
That's right, in a Bear Market, you should just lie flat and not self-harm by staring at the charts.
Passive income + waiting for the right opportunity, this approach is reliable. Unlike me, still messing around.
Lock in profits, I've heard this countless times, but it's just hard to do, haha.
Buying the dip for a comeback? Wake up, those are just stories.
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GhostAddressHunter
· 12-01 15:07
You said it perfectly, I'm the kind of fool who can't bear to sell when it rises and stubbornly holds on when it falls.
Unrealized gains are like a dream, while unrealized losses are what really hurts.
I need to learn this trick of passive income; I can't rely on throwing money to stay alive forever.
Lying flat is the way to go, stop deceiving yourself.
If you take it seriously, you've already lost; just wait for the wind to come.
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TommyTeacher
· 12-01 15:07
Unrealized gains are all虚的, I deeply understand this, and I have long stopped being entangled in the numbers on the books.
Really, rather than staring at the market every day looking for opportunities, it's better to stabilize passive income first, so that my mentality can improve.
Lying flat and focusing on health is the right way in a Bear Market, after all, money won't run away.
Those who crash are all greedy; I now believe in trends and patience.
Waiting for the right moment vs. watching the market, this choice is not difficult, right?
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FlashLoanLarry
· 12-01 14:47
realized this the hard way tbh... opportunity cost of chasing every dip is crazy, most ppl don't even calculate that. the thesis validation comes when you actually stop trading lol
Since getting on board in 2021, after two rounds of bull and bear markets, the biggest realization is this: when the market doesn't cooperate, any further efforts are just a waste of energy.
Numbers on paper don't count; what you actually have in hand is yours. Floating profits can evaporate at any time, but floating losses are a real pain. That's human nature: reluctant to let go when prices rise, and stubbornly holding on when they fall.
My strategy has changed now - first, secure a passive income that can cover daily expenses, and then wait. Wait for what? Wait until the big trend becomes clear to heavily get on board, making easy money along the way; occasionally hitting a small bull, earning some pocket money is also fine.
What you should really do during a bear market is to take a good rest. Don't spend all day staring at the market, fantasizing about bottom fishing and turning things around. If you need to lie flat, then lie flat. Take care of your state so that you can seize the next opportunity when it comes.