Have you ever thought about whose money you are making in the stock market and cryptocurrency market?

The cryptocurrency world does not create wealth, it just transfers wealth. If you want to win over others, others are waiting to win over you. Do you think you are the best? Just look at whether you are making money or losing money and you will understand.

The US election is coming soon. In the past few months, the market has been fluctuating. Sometimes it is hyped about interest rate cuts, and sometimes it is hyped about elections. In fact, these are all pretexts. Take BTC for example. It rose to 20,000 to 30,000 US dollars in 2017, and fell to 15,000 US dollars in 2022. Now the price seems to be stable at a high level. After several months of continuous fluctuations, everyone is used to it and even thinks that the price is not high. Don’t forget that this may be a dangerous high level.

Just like when the news of the US Bitcoin spot fund came out, others may have already established positions at 15,000 to 30,000. The price reached 48,000 before the news came out. They cut you first; when it fell to 38,000, they washed you out again; when it rose to 73,900, some of the people who were trapped ran away, and then everyone got used to this price through shocks.

When everyone is full of confidence and thinks that 100,000 will be reached soon, what awaits you is being trapped. At this gambling table, the most important thing is not to lose everything and be driven out. You must always leave some room for yourself and have a back-up plan. Don't be fooled by the superficial phenomenon of the market. You must recognize the essence and invest cautiously, otherwise you will easily fall into the pit of cognitive dissonance and loss aversion. #盘整行情分析 #币安上线SCR现货 #APT市值超越SUI #比特币挖矿难度创历史新高 #ETHBTC汇率新低