When the market was at its peak in 2021, the new people entering the market at that time were like rich dudes, at that time they didn't think anything because they were rich people at that time, they had money so when they went down When buying 1 coin, they don't need to look at the price because the market makers put into their heads the potential of the market and the projects. But in the 2022 Downtrend season, the market is so fierce that rich guys from owning a lot of money to invest become huge losses, market makers turn them from rich guys to become rich guys. Ordinary people, when their accounts are divided 5-10 times, when they have no money left or suffer big losses, they are afraid and see that the market is not as easy as they thought. Over time, the market turns them into investors. Professional bidders, when BTC is 20k they bid 10k, when BTC is 30k they bid 15k, and later when BTC is 50k they continue to bid the same price. One day, when the price of BTC was 140k-170k, they realized they had overlooked good positions in the past. At this time, they thought that they could not ignore it anymore, BTC would increase to 200k, at this time they decided. down investment money with external loans into the market. But the truth is not like the dream, the market then entered the Downtrend wave season like what they experienced in 2022, causing them to continue to fall into a miserable situation and fall into an even more difficult situation.
The nature of investing is such that most players will get caught up in the market cycle and cannot escape. If you cannot escape, over time you will only lose more!
