Currently, there are several types of people in the market:
Type 1: Those who missed out, essentially: hoping for a further drop when the price falls, and feeling there will be a pullback when it rises.
Type 2: Those who sold too early, essentially believing that Bitcoin cannot directly break 100,000, then thinking it won't break 105, and after 105 still thinking it won't break 110.
Type 3: Those trapped in short positions, essentially those who are always fearful of heights, believing that the market lacks liquidity and that high prices must fall. These are the people harmed by the word 'must.'
Type 4: Those trapped in long positions, essentially those who were caught in the last round of price increases. Compared to the previous types, this one isn't as painful; after all, the higher the price rises, the happier they become, and the closer they are to breaking even.
Type 5: Those who buy something that doesn’t rise and sell something that takes off, essentially a cognitive issue, not quite clear about the concept of rotation, eager to make money, always chasing market sentiment. However, the market can never be chased; it can only be understood.
If you don't belong to any of the above, congratulations on making money! Making money~ A Nokia in one hand and a Motorola in the other✌🏿
The essence of losing money: it is not about technical skills or the size of capital; the essence of loss lies in: your mindset is always stuck in the past and unwilling to move forward, while your vision is always limited to your immediate surroundings; just like, if you open Bitcoin's weekly chart, you will find that the previous rounds of decline are merely weekly range fluctuations, but you only focus on the minute-by-minute fluctuations! Bitcoin doesn't inherently represent a bull 🐮 or a bear 🐻 market. Bitcoin is just tired from running and taking a break before continuing to run! $BTC
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