Some lessons only make sense after you’ve taken a loss.
There’s a principle in market-maker thinking:
People are always saying, “The market maker is shaking out the weak hands.” But the real question is: If you were the market maker, how would you deal with the people currently in the market? Look at it from the other side’s perspective, and a lot of price action starts to make sense.
Take today’s $ETH as an example: it’s now at 2,587, down 4.79% over 24 hours. This market action perfectly illustrates the principle above. It’s no coincidence—it’s human nature repeating itself in the markets.
It sounds simple, but it can take a lot of costly lessons to put into practice.
When it’s time to wait, you have to wait.
#ETH #投资哲学 #交易心态 #Crypto
There’s a principle in market-maker thinking:
People are always saying, “The market maker is shaking out the weak hands.” But the real question is: If you were the market maker, how would you deal with the people currently in the market? Look at it from the other side’s perspective, and a lot of price action starts to make sense.
Take today’s $ETH as an example: it’s now at 2,587, down 4.79% over 24 hours. This market action perfectly illustrates the principle above. It’s no coincidence—it’s human nature repeating itself in the markets.
It sounds simple, but it can take a lot of costly lessons to put into practice.
When it’s time to wait, you have to wait.
#ETH #投资哲学 #交易心态 #Crypto