Jiang Zhuoer: Missing the Future Bull Market is Scarier than Current Gains
On August 23, Jiang Zhuoer, the founder of the Liebit mining pool, pointed out that if $57,800 is the bottom of this cycle, the historical cycle chart shows that the time and decline differ significantly from the previous three cycles, causing many investors to miss out while waiting to buy at the bottom. He believes that the market only needs to consolidate for a while, and the FOMO (Fear of Missing Out) sentiment will grow, making it difficult to decline again afterward. Jiang Zhuoer mentioned that a pullback could be a potential buying opportunity, but it may only last for a moment. In his lengthy article titled "Has the Bull Market Really Arrived? What Should Those Who Missed Out Do Now?", he disclosed his trading plans: Plan A is to buy immediately if BTC drops back to the $67,000 to $72,000 range after the downward momentum weakens; Plan B is to buy at the current price by the end of October at the latest, regardless of the price. He emphasized that missing an entire future bull market is scarier than missing the current gains.
-- Price
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