Placeholder Partner: Now is the bull market correction stage, not the top of this round of bull market

According to PANews on March 4, Chris Burniske, a partner of Placeholder, tweeted that the current market sentiment is low and many people choose to sell at low points, but he believes that this is an opportunity rather than an end point. He believes that this may just be a correction in the bull market, not the top of this round of bull market. Even if Bitcoin may fall further, selling now may not be a good choice, because it is easy to miss the subsequent rise.

He advised investors to stay calm and not to look at price fluctuations if they don't know what to do; if they still have funds, they can consider buying in batches when the market looks attractive or when sentiment is most pessimistic. He reminded that people should not trust those who "always trade perfectly" and that holding assets with potential for the long term is the key.

Burniske also mentioned that the rise and fall speed of Bitcoin and crypto assets is the fastest in the financial market. If the stock market fluctuates more, policies may intervene, and the crypto market will be the most sensitive to this. He encouraged investors not to miss opportunities due to fear or frequent operations, and he is confident in the future of the blockchain industry, believing that institutional entry and technology application are accelerating.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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