When someone asks me how I read the market, this is what comes to mind.

The book *Overconfidence* makes a point:
Studies show that 80% of drivers think their driving skills are above average. In trading, that percentage is even higher. The confidence that you can outperform the market is exactly where you’re most likely to pay the price.

Take $ETH today, for example: it’s at 2,064 now, down 3.15% over 24 hours. This kind of market action perfectly illustrates the point above. It’s no coincidence—it’s human nature repeating itself in the markets.

The market won’t go easy on you just because you understand how it works.
Keeping some ammo in reserve is better than anything else.

#ETH #投资哲学 #交易心态 #Crypto