People who don’t buy the dip right now are essentially waiting for a slow wipeout—because at this moment, the crypto market is nothing more than buying and selling. In crypto, you only have these two choices. If you don’t buy now, it means you don’t believe in the market. You wait for the main upswing, then buy. By then, after a consolidation, you’ll still get shaken out—over and over: cutting losses, getting liquidated, missing the move, and chasing higher prices. An endless loop.
If they push it straight up, retail investors actually won’t be willing to sell. The most effective way is to keep repeating choppy action—violent drops and sideways trading—so you start doubting your logic.
If it drops a little, you’re afraid it will keep falling.
If it moves sideways for a few days, you think the market is gone.
If it goes sideways for months, you start wondering whether you misread it.
By the time you finally can’t take it and hand over your chips, the main force actually starts to run it up.
So many times, what truly determines whether you can catch the main upswing is what the “prince” has always emphasized: direction, patience, and accumulating bottom chips.
When you finally regain confidence, the price is already up. By the time you finally dare to chase, those cheap chips are long gone.

The post made on August 11—those who went against the market in August are already close to being wiped out.