I think that everyone who enters the capital market comes with good intentions, wanting to earn more money, wanting to live a better life, and wanting to achieve their life goals.

But an objective fact is:

Most people who enter this market are losing money.

And the frightening thing is that for most people, this is basically unavoidable because there are stories behind it.

Take the cryptocurrency market as an example, generally speaking, the coin price fluctuates like this:

1. The project party wants to create something and first collects as many cheap chips as possible.

2. Well-informed insiders get insider information and start accumulating.

3. Investors who know how to read charts gain insight and set up early.

4. The main force starts to drive up the price, attracting attention.

5. Retail investors get on board; at this time, the main force will repeatedly wash the plate, first smashing the price and then shaking it, washing out all the unsteady investors.

6. Those who were washed out dare not get on board anymore, and the price starts to rise continuously; the less they dare to buy, the more it rises.

7. The psychological defense line of retail investors is broken, and they start to chase prices. Fine, here’s a sweet deal, continue to rise, and more and more retail investors chase higher prices; the main force starts to quietly offload.

8. Investors who know how to read charts see signs of offloading and retreat; some sensitive retail investors feel something is wrong and also start to retreat. The main force accelerates offloading, and the coin price drops sharply, trapping a large number of retail investors at the peak.