Someone asked me what I think about reading the market charts, and what came to mind was this saying.

In the life cycle of a narrative, there’s a lesson: every narrative goes through a process—from sprouting, to forming a consensus, and then to becoming rampant. If you enter while it’s still moving toward consensus, that’s called setting up. If you enter after it becomes common knowledge, that’s called being a bagholder. Figure out which stage you’re in right now.

Take today’s $ETH as an example: right now it’s 2,407, 24h -3.68%. This kind of chart action perfectly confirms the point above. It’s not a coincidence—it’s human nature repeating itself in the market.

Looking back, the places where people trip up are all written in that line.
Make a note of it, and look back later for confirmation.

#ETH #投资哲学 #交易心态 #crypto圈