Some people are always eager to buy at the market low and are unwilling to bear any losses. They may not be able to accumulate wealth in real life, and it is also difficult to do so in the digital currency market.
This reflects their cognitive bias. They mistakenly believe that in the digital currency market, they only need to find a low point to buy and a high point to sell, and they can easily achieve wealth freedom in a short period of time and buy luxury cars and mansions. This idea is an illusory expectation instilled by the market to novice investors.
However, the real financial market is not so simple. Other industries may require various licenses and high costs to enter, but the financial market does not have these thresholds. Anyone can participate, including the digital currency market, especially. The 24-hour trading characteristics of this market make more people mistakenly believe that making money is as easy as taking something out of a bag.
But the essence behind the financial market is the transfer and concentration of wealth. The capitalists understand this, and they take advantage of market fluctuations to harvest those greedy investors. This cruel reality can only be seen through by a few savvy people, and those who have just entered the market are often swayed by market changes.
In the process of market fluctuations, there are always people who make money and lose money. This is the law of the market and cannot be changed. Many people enter the market because of the lure of the bull market, but are forced to exit in the bear market, as shown in the story of "Brother 480,000".
Although some people claim that the price of the next bull market will be much higher than the current level, such predictions are often based on market sentiment and bias. For those who truly understand the laws and risks of the market, the current timing may be a good opportunity to lay out.
In short, the complexity of the financial market is far more than it seems at first glance. To succeed in it, you need deep market insight and rich experience. Comment in the comment area and take you for free! ! !
