crypto world retail investor often suffer from wishful thinking. When there is a rise, some people say they wanted to buy at a lower price but did not act. However, in trading, market judgment only accounts for 1%, execution is the key, and not buying proves nothing about the judgment being correct. This seems like trying to prove oneself right and boost confidence, but it is actually false, and they will still not act next time.
When the market falls, retail investors always feel that a certain point is the bottom. However, the consensus of the secondary market is changing in a spiral manner. When the consensus collapses and market credibility decreases, the so-called bottom is mostly relative, rather than the real bottom.
So, to survive in the crypto world, you have to eliminate daydreaming, don't be afraid of missing opportunities, and holding onto your chips before a clear signal is a victory.#市场触底了吗?
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crypto world retail investor often suffer from wishful thinking. When there is a rise, some people say they wanted to buy at a lower price but did not act. However, in trading, market judgment only accounts for 1%, execution is the key, and not buying proves nothing about the judgment being correct. This seems like trying to prove oneself right and boost confidence, but it is actually false, and they will still not act next time.
When the market falls, retail investors always feel that a certain point is the bottom. However, the consensus of the secondary market is changing in a spiral manner. When the consensus collapses and market credibility decreases, the so-called bottom is mostly relative, rather than the real bottom.
So, to survive in the crypto world, you have to eliminate daydreaming, don't be afraid of missing opportunities, and holding onto your chips before a clear signal is a victory.#市场触底了吗?