Bitcoin is truly tough for retail investors.
Look at this big pie, it has once again reached 106,000! It has easily rebounded 6,000 points from the low, even exceeding the starting point, this is really tough! For those who have experienced resisting the bears, have you secretly vowed in your hearts that the next time the big pie drops to 80,000, you will do whatever it takes to go long, even if it falls to 50,000, even if you have to sell your car and house, you'll hold on and not sell.
If you really think that way, then you have fallen into the trap. You said you wouldn't sell even if it drops to 50,000, well, how about if I drop it to 40,000 and you still don't sell? What about if I drop it to 30,000, will you sell? If you don't sell, I'll push it down to 10,000. Alright, alright, I’ll sell, I’ll sell, is that okay?!
Then you better sell quickly, because once you sell, I can continue to push the market up, haha. This is the psychological game between retail investors and big players; even if you know what the big players are thinking, you are still powerless because what if they’re not thinking exactly the way you are?
No one can completely guess another person's thoughts, but the market can indeed move according to the big players' intentions. As long as they want to, they can really push it to 200,000 in a day, or crash it to 20,000 in a day.
The only thing retail investors can do is go with the flow. Thinking about this is truly tragic.