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It is relatively simple for beginners to "buy low and sell high". They will quickly sell their coins when the price is low, and want to buy quickly when the price of the coins shows signs of rising. People who stay in cryptocurrencies for a long time will only buy when the price rises.
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No need to know who Satoshi Nakamoto is. The biggest feature of Bitcoin is anonymity. It is precisely because Satoshi Nakamoto has not appeared in these years that the popularity of Bitcoin is getting higher and higher. Some media outlets rely on mining Satoshi Nakamoto to raise awareness. It can be said that Nakamoto also supports a large number of new media people.
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As ordinary investors, it is difficult for us to judge when the real "valuation bottom" and "valuation top" will occur. If you force yourself to "buy the bottom" and "escape to the top", it is often prone to hesitation and anxiety. And if we calm down and look at every market ups and downs from a longer-term perspective, we will find that temporary fluctuations may just be "small pits" in the market. Therefore, to do a good job in asset allocation planning, the level of valuation is not a point that needs to be particularly tangled.
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