What is the biggest illusion that the cryptocurrency world gives people?

分析师木子 · 2023-10-09T05:53:51.000Z

I feel that I am the chosen one who will always be lucky enough to make money in the market. The guy in the dormitory next door to the college student earned 300,000 yuan on a living allowance of 2,000 yuan last month. People like that can make money, so I am here too. As a result, fifteen thousand was gone that night. It’s hard work for an office worker with a monthly salary of 8K. Blockchain is a good thing. The fund I bought is still losing money after more than a year. I followed other people’s strategies on blockchain and made a steady profit of several hundred U in a day. Here I am, and I swiped my credit card that month. exploded. There is no hope for middle-aged people in the stock market, and the big A’s are all cutting leeks. I see young people playing with blockchain. Wife, let me discuss something with you. I recently heard from a friend about a new project and I have inside information. Give me the 300,000 yuan our family has prepared for our children’s schooling, and I will buy a hundred times the coins. Next month, wife, I'm sorry for you, 300,000 is gone. First, the most common illusion is that you can predict market trends. In the currency circle, many investors and traders believe that they can predict market trends by analyzing market data, studying fundamentals, technical factors and other factors. However, in reality, the market is extremely complex and unpredictable, and no method can predict the market with complete accuracy. As a result, trying to predict market movements can often get one into trouble and can lead to losses for investors and traders. Second, many people fall into the delusion of overtrading. In the currency circle, traders often conduct frequent buying and selling operations in an attempt to make profits through frequent transactions. However, excessive trading will not only increase transaction costs and risks, but may also cause investors to have an unstable mentality and be susceptible to market fluctuations. In fact, long-term investment is the key to making profits. Investors should choose appropriate investment strategies and tools based on their own investment goals and risk tolerance, and hold currencies patiently instead of conducting frequent buying and selling operations. Third, there may be excessive attention to the rise and fall of currencies. In the currency circle, many people will focus on the rise and fall of currencies, while ignoring the general trends and fundamental factors of the entire market. This mentality of overly focusing on short-term fluctuations often causes people to ignore long-term investment opportunities and risks, and may also lead people to fall into the trap of over-trading.Investors should take a long-term view and pay attention to market trends and fundamental factors in order to make more informed investment decisions. Finally, one may overly trust one's own judgment. In the currency circle, many investors and traders believe that they have professional investment knowledge and skills and can make correct decisions. However, in fact, investment is a job that requires professional knowledge and skills, and requires continuous learning and practice. Investors should maintain a humble and cautious attitude, and continue to learn and master investment knowledge and skills in order to better respond to market changes and challenges.

I feel that I am the chosen one and I will always be lucky enough to make money in the market.
university student
The guy in the next dormitory, who gambled away 2,000 yuan for living expenses last month, actually made 300,000 yuan. If that kind of person can make money, I might as well do it. I even have more money than him. I gambled away 5,000 yuan and asked my parents for another 10,000 yuan. As a result, that night, 15,000 yuan was gone.
Office Workers
It's so hard to earn 8K a month. Blockchain is a good thing. The fund I bought is still losing money after more than a year. I can find others who have good strategies for blockchain and can make hundreds of U a day. I'm here. That month, my credit card was maxed out.
Middle-aged people
The stock market is hopeless, and the A-shares are all being ripped off. I see young people playing with blockchain. Honey, I want to discuss something with you. I recently heard from a friend about a new project with inside information. Give me the 300,000 yuan that our family has prepared for our children's schooling, and I will buy 100x coins. Next month, honey, I'm sorry that the 300,000 yuan is gone.
First, the most common illusion is that one can predict market trends. In the cryptocurrency world, many investors and traders believe that they can predict market trends by analyzing market data, studying fundamentals, technical aspects, and other factors. However, in reality, the market is extremely complex and unpredictable, and there is no single method that can predict the market with complete accuracy. Therefore, trying to predict market trends often puts people in trouble and can cause losses to investors and traders.
Secondly, many people will fall into the illusion of over-trading. In the cryptocurrency circle, traders tend to frequently buy and sell, trying to make profits through frequent transactions. However, over-trading not only increases transaction costs and risks, but may also cause investors to be unstable and vulnerable to market fluctuations. In fact, long-term investment is the key to making profits. Investors should choose appropriate investment strategies and tools based on their investment goals and risk tolerance, and patiently hold currencies instead of frequently buying and selling.
Third, you may pay too much attention to the rise and fall of the currency. In the cryptocurrency circle, many people focus on the rise and fall of the currency, while ignoring the overall market trend and fundamental factors. This mentality of over-focusing on short-term fluctuations often makes people ignore long-term investment opportunities and risks, and may also make people fall into the trap of over-trading. Investors should take a long-term view and pay attention to the overall market trend and fundamental factors in order to make more informed investment decisions.
Finally, you may over-trust your own judgment. In the cryptocurrency world, many investors and traders believe that they have professional investment knowledge and skills and can make the right decisions. However, in reality, investment is a job that requires professional knowledge and skills, and requires continuous learning and practice. Investors should maintain a humble and cautious attitude, and continue to learn and master investment knowledge and skills in order to better cope with market changes and challenges.