BTC still failed to hold 68,000, and I don’t know when the bull market will come
😂
Summarizing the mental journey of retail investors in the BTC cycle, speculating in coins requires buying low and selling high to make profits. The seemingly simple strategy of buying 10,000 at the bottom of the bear market and selling 150,000 in the bull market is actually full of human nature tests
Skepticism: Can Bitcoin fall to 10,000? Can a black swan hit it so low?
Fear: It will fall to 10,000 and will fall again, so I dare not buy.
Conservative: Buy 10,000 and sell 20,000, and take the money.
Missing the opportunity: Sell 20,000 and then rise to 50,000, and re-enter.
Satisfaction: 100,000 feels the top retreat, short.
Greed: Go long after the 150,000 short position is blown up, sell the house and go all in.
Bull-bear conversion, retail investors may only take a few times the profit or even spit it out. The real winner is the one who does less operation
