Not many people understand this bullish trend in the square; I joined many so-called big influencers' groups, and most of them were shorting, so I knew it couldn't go down anymore. Ethereum is building up for a big wave; if you still can't understand, you will miss the last chance to turn things around in the crypto world;
The process of retail investors losing money in the crypto world:
1. Generally, they buy a cryptocurrency with a small amount, then occasionally take out their phones to check; seeing it go up, they are filled with joy;
2. Not long after, they start regretting buying too little; in hesitation, the holding price keeps rising; they calculate what they bought a few days ago, feeling uneasy but dare not increase their position;
3. Finally, after waiting for a long time, when the price pulls back from a high point, they seize the opportunity to go all in, believing this cryptocurrency will help them realize their dreams, but things go contrary to expectations—adding to their position, then it drops! They scramble for money to average down, then it breaks below the cost line, feeling reluctant!
4. They stubbornly hold on all the way down, but finally can't take it anymore and have to cut losses. They feel heartbroken, almost wishing they could die!
5. What’s frustrating is that often just two days after cutting losses, it starts to rebound strongly, making them pound their chest in anger. Not only do they lose money, but they also feel like a complete jinx!