If you understand the market, you won't chase highs and sell lows, cutting losses
If you understand the value of cryptocurrencies, you won't miss out on opportunities
Bitcoin is about to reach a new high of 110,000; those who missed out are gradually losing their psychological defenses
If you are currently missing out, and you can still realize that guessing the market this way is not effective, there's still hope
If you still don't acknowledge your lack of understanding and continue to eagerly listen to various sources, with 800 different directions a day, spouting big claims, you will suffer great losses later and spend the next few years paying for your lack of understanding
Why reflect on these? Because people are forgetful, and retail investors have a memory span of only 7 seconds. Many cannot clarify the reasons for their past losses; they tend to blame themselves for selling too early, not holding on, or blaming others
None of these are the core reasons. The reason is: you don't understand, yet you still listen to news, cannot judge for yourself, and are influenced by others
If you understand investment, you won't be overly clever, fantasizing about going against the trend; human determination cannot defy natural laws (patterns)