Once you need money, the market will plummet!
There seems to be no logical support, so you may not believe it for the time being, but you will definitely realize the magic of this law.
For all newbies, this law is almost eternal:
As soon as you buy it, it starts to fall📉
As soon as you sell, it starts to rise📈
It’s so infuriating!
Why does this strange situation occur? Because the fundamental reason for the end of every market is "depletion of entry funds." In other words, when even the aunts selling tea eggs on the street are discussing Bitcoin, then the market's entry funds have reached the edge of drying up... Think about it, even you, a person who can't beat the world, knows it. When you want to rush in and make money, will the market situation come to an end?
Therefore, there are two sentences that are very important for novices.
The first sentence is a statement that is always true, and the second sentence is advice that all veterans wish they had been given (if only someone had taught me this!)
⚠️When you start to enter the market, the bull market is about to end;
⚠️You should just watch and don’t buy anything... When it’s a bear market, wait until everyone scolds you before you start buying!