In the world of money, there are often wealth misconceptions.
1. Fear of carrying a sedan chair for others: For example, when my friend#ordiasked me for a ride, I casually asked him about the cost, and he said it was almost nothing and it had increased many times! I instantly lost interest in riding! Therefore, an in-depth analysis of the project itself was not performed, thereby missing a huge opportunity.
2. Not entering the market for fear of high prices: Sometimes the price of a project rises a lot, and I am often worried that it will be too late to enter the market, the price is too high, and I am worried that this will be the peak. But if the project's fundamentals are strong and long-term value remains, it may miss out on larger gains later on.
3. Blindly chasing new projects: In the crypto market, new projects appear every day, and many people are afraid of missing out on the next #ordi, so they invest in a hurry without doing enough research. As a result, these projects tend to disappear within a short period of time, damaging investors' funds.
4. Excessive fear of bear markets: When the crypto market drops, many people sell out of fear that prices will fall further. But it could also be an opportunity for long-term investors to carefully evaluate and buy.
5. Only trust big brands: People tend to focus on the largest cryptocurrencies by market capitalization, such as Bitcoin and Ethereum, and miss niche projects that may have huge potential, considering them too risky. In fact, these projects may bring unexpectedly high returns.
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