This is the money earned by luck—lose it all by skill.
I saw a retail investor hit something in Utree Technology. On the first day it surged to ￥1100, but he didn’t sell. The more uneasy he felt, the more he bought as it kept falling, until his profit of 500,000 turned into a loss of 160,000.
Isn’t this a snapshot of most people?
Didn’t someone also fail to sell at the top of a coin, then make a vengeful average-down to chase a rebound—only to end up with everything wiped out?
I saw a retail investor hit something in Utree Technology. On the first day it surged to ￥1100, but he didn’t sell. The more uneasy he felt, the more he bought as it kept falling, until his profit of 500,000 turned into a loss of 160,000.
Isn’t this a snapshot of most people?
Didn’t someone also fail to sell at the top of a coin, then make a vengeful average-down to chase a rebound—only to end up with everything wiped out?
