Did those who shouted to buy at the bottom every day finally buy at the bottom?
Below are the market mentality data
69000$: 99% of people dare to buy, and 1% cut their losses.
53000$: 95% of people dare to buy, and 5% cut their losses.
48000$: 93% of people dare to buy, and 7% cut their losses.
45000$: 90% of people dare to buy, and 10% cut their losses.
40000$: 80% of people dare to buy, and 20% cut their losses.
38000$: 72% of people dare to buy, and 28% cut their losses.
35000$: 60% of people dare to buy, and 40% cut their losses.
33000$: 50% of people dare to buy, and 50% cut their losses.
30000$: 30% of people dare to buy, and 70% cut their losses.
25000$: 5% of people dare to buy, 95% cut their losses.
This is the case in the cryptocurrency circle, the A-share market, and the real estate market!
Human nature is like this!
The higher the price, the more people rush in like moths to a flame.
The lower the value, the more people flee in panic.
This is why in financial investment, 10% of people make profits and 90% of people lose money.
When you cultivate this kind of reverse thinking, you will be close to the other side of victory!