After my in-depth observation, I found that retail investors often follow a consistent pattern of losses in cryptocurrency trading.

At first, retail investors thoughtlessly concentrated a large amount of funds into a single coin. After that, they closely monitored market trends daily, their expressions filled with anticipation and tension. Once the coin price rose slightly, even just a small increase, their faces would immediately light up with radiant smiles, full of joy and satisfaction. However, if the coin price began to drop, even just a slight pullback, their emotions would instantly plummet, leaving them dejected, shrouded in pain and anxiety, as if they had fallen into an endless abyss.

If the coin price continued to decline, their psychological defenses would gradually collapse. They would begin to sink into deep fear, worrying that the coin price would plummet endlessly. Under the influence of this extreme panic, their hands would tremble involuntarily, and without having time to think calmly, they would hurriedly sell their cryptocurrencies at a loss.

However, the market is like a mischievous child, always enjoying toying with people. Shortly after the retail investors reluctantly sold at a loss, the coin price would awaken like a giant from slumber, starting to rebound rapidly, charging forward. Seeing this, retail investors were filled with regret and self-blame, feeling they had missed a golden opportunity to profit. Thus, driven by impulse and greed, they neglected the risks of the market and bought in again at the highs. But they never expected that the market would not stop toying with them because of their regrets. As soon as they bought in, the coin price would drop again, as if it were a carefully orchestrated conspiracy. At this point, the anger and panic of the retail investors reached a peak, their emotions completely spiraling out of control, and in their panic, they chose to sell at a loss once more.

In this way, through repeated chasing highs and cutting losses, retail investors found themselves caught in a vortex, unable to escape. Although the price did not change significantly after all the turmoil, the retail investors' positions had unknowingly dwindled, and the funds in their accounts flowed away like sand in an hourglass, leaving them with very little in the end.