Why do most people lose money in the cryptocurrency market?

Do you think losing money is due to a lack of understanding of technical analysis, inability to read fundamentals, or lack of information?

Wrong! The root cause of most people's losses is not technical, but rather cognitive dissonance and execution failure.

Every decision they make almost always goes against the market:

When the market starts to rise, they think the price is too high and hesitate to enter;

When everyone else has jumped in, they fear getting trapped and still don’t dare to act;

During a pullback, they panic and sell at a loss, leaving hastily;

When it’s truly time to go all in, they are already too wounded to take action again.

At the moments they should be decisive, they are bound by fear;

At the times they should calmly stay away, they rush in due to FOMO (fear of missing out). This is not a technical issue, but a complete mismatch of mindset and rhythm.

The losers in the cryptocurrency market do not lose to the market but to their own greedy and timid hearts that waver back and forth.