Since I entered the market in $BTC 19, I have seen too many retail investors being misled, especially at the end of 2021, when various trading gurus were everywhere, completely unaware of the bull and bear cycles, just one slogan: "Hold on and you can make money!" And the result? The market crashed, and they all disappeared, leaving behind a bunch of deeply trapped retail investors. Now, seeing someone promoting "mindless holding" again really makes me furious.

Why can't spot trading be done with mindless holding?

The market has cycles, indeed, if you can accurately buy at the bottom, holding on for a long time is no problem. But the issue is, most retail investors can't do that! They often chase highs and sell lows, completely unaware of how to buy low and sell high; the so-called "holding at the top of the bull market" is just a fantasy.

For example, when this wave of the market rose to around 100,000, I reminded everyone of the risks, and some people criticized me for being "bearish," but now? It’s still them who have been slashed by the counterfeit. Don't fantasize that "holding on will definitely get you out of the trap"; retail investors have limited funds, and reasonably avoiding major drops is the only way to accumulate quickly, rather than being trapped for months or even years.