How well can the dealer see through the retail investors?

There was an old veteran who entered the cryptocurrency world with 100,000 yuan, and now his assets have reached 10 million yuan. He once said something that has benefited me greatly. He said: "The cryptocurrency market is like a group of rabble; as long as you control your emotions, this market can become a cash machine!"

During the Lehman crisis, the concept of 'cash is king' became popular; everyone was smart, waiting for lower entry opportunities. However, deciding to liquidate is much more difficult than deciding to reinvest heavily. When the market is at its lowest, pessimism is at its peak, and many are unwilling to enter the market. Only after the market rises, when the moving averages show a bullish pattern and the trend begins to rise, do they have the courage to buy. Investors originally hoped to 'buy low and sell high', but the result often turns into 'chasing prices and cutting losses'.