Many people speculate in cryptocurrencies based on their feelings, and making money in the investment market based on feelings is the most fatal.

When Bitcoin fell to around 15,000, many people said that they felt Bitcoin would reach 8,000 and Ethereum would reach 400U.

Moreover, this kind of news was very popular, and many people agreed and raised funds to prepare to go all-in at this position.

Whether this happens or not, I think they don’t have the courage to go all-in. They are the people who shout the loudest but are the most afraid.

If you want to make a fortune in the cryptocurrency circle, you can’t tolerate a loss of 75%, that is, a floating loss of halving and then halving. You are not suitable for the cryptocurrency circle.

Anyone who comes to the cryptocurrency circle and makes a lot of money has never ridden a roller coaster and has never endured this kind of floating loss.

Why can people who have experienced two rounds of bull and bear markets in the cryptocurrency circle tolerate market fluctuations? Are they stupid? They would rather fall than sell.

Of course not, they are all smart people, they know their own weight. They know that they have no ability to predict prices.

The only way is to sit still.

Similarly, those who are clamoring to buy at the bottom and don't want to endure a penny of loss, they have not made a fortune in reality, and they will not make a fortune in the cryptocurrency circle. This is their cognitive problem. Their cognitive differences will definitely be harvested in the cryptocurrency circle.

Because they think they are smart, looking at the K-line, they think that I will buy in at a low point and sell at a high point. Do a few reincarnations.

In half a year, you can buy a car and a house. This is the illusion that this market provides to the leeks.

The fundamental reason is that wealth transfer can be completed to a greater extent. Those capital bosses know in their hearts that robbing is the fastest way to make money, but now I can't rob openly. So I use this method to harvest the poor. As long as they provide them with illusions, they will definitely be harvested.

This world is so cruel, but only the upper class knows it in their hearts, but they are good at playing, tacitly, and won't tell you.

In this financial market, when everyone starts to lose money, then the market for making money will begin to appear. All the people who come in start to make money, then the people who lose money will soon appear. This is a rule that cannot be changed by human will.

Many people are attracted by the prices in the bull market and scared away by the prices in the bear market.