In a bear market, not losing money is considered a gain, right?🙉
Recently $BTC the price has been fluctuating,
As soon as new news comes out from the Middle East, the global economy fluctuates,
Whether it's the US stock market, A-shares, gold, or BTC,
Pulling one thread affects the global economy,
With the development of AI, more and more people are unemployed,
iFlytek layoffs, NetEase layoffs, Bilibili layoffs,
The crypto industry is also laying off,
Block laid off 4000 people, Gemini laid off 30%,
Some web3 projects are either shutting down, transforming, or going bankrupt,
More and more players in the crypto circle are leaving,
The groups are inactive, the wealth effect is gone,
The bear market is becoming more and more apparent.
Today I also noticed,
The various web3 projects that were previously staked are also close to zero,
TON dropped from a high of 7.2 to 1.2, a drop of over 83%,
$ATOM dropped from a high of 44 to 1.8, a drop of over 95%,
$CAKE dropped from a high of 44 to 1.4, a drop of over 96%,
TIA dropped from a high of 21 to 0.33, a drop of over 98%,
These were all tokens bought with real money for staking,
Originally wanted to get a 10% APY return,
In the end, the returns did not increase, and the principal is almost gone,
There was a time when #defi staking was very popular,
Staking had returns, and there was a chance to get airdrops,
In the end, it was all in vain,
Diligently learning the staking processes and gameplay on various chains,
It's better to be lazy and hold BTC steadily,
Indeed, the more you mess around, the more you lose.
Every stage has some lively narratives and gameplay,
But there are cycles; after the hotspots, it’s just a mess,
If you don't return to U-based or BTC-based in time,
Almost everything will go to zero,
There was a player who once had a metaverse property worth 1.2 million dollars,
Now it's worth 6400 dollars and can’t be sold,
Not only the once lively metaverse,
But also the once expensive NFTs,
Once 10000% returns from defi mining,
Once gamefi that recouped the investment in just 3 days,
The wind and trends have passed,
How it flew up is how it falls down.
Cut losses in time,
If you find that the previous gameplay was wrong and not profitable,
Sell if you need to sell, discard if you need to discard,
Update and improve operational methods,
Staying in the market allows you to encounter more opportunities;
Go with the flow,
If the wind comes, seize the opportunity to take off;
When the wind stops and the bear comes, do not stubbornly mess around,
Put down the phone, turn off the computer, look up to find spring,
Wait for the next cycle's opportunity.