Recently, the market has experienced a few days of correction, and many people have felt a strong sense of panic. Seeing that the principal continues to shrink, they began to worry that the market will fall sharply, so they chose to cut their losses and leave. However, in the few days after leaving the market, the market may suddenly rise, and these people regret it, because if they had not cut their losses at that time, they would have recovered their funds now.
However, once they miss the market, people who leave the market often dare not easily enter the market again. They always expect the market to fall again so that they can buy at a lower price. But unfortunately, the market often does not act according to their wishes, but continues to rise, and the price is getting higher and higher. In the end, because they can't bear the missed profits, they can't help but enter the market again, but at this time they often have missed the best time to buy. Once they enter the market, they soon find that the market has begun to pull back again, and they are trapped again.
This operation mode is particularly common in the bull market, and about 80% of investors will adopt this surprisingly consistent operation method. This is not a phenomenon unique to a certain bull market, but a phenomenon that is common in all bull markets. It's just that the participants in each bull market are different, but everyone's operation mode and mentality are surprisingly similar.
The reason for this phenomenon is actually very simple: insufficient understanding of the blockchain industry. Due to the lack of in-depth understanding of the development of the financial market, it is impossible to truly grasp the essence and core of this market. At the same time, the lack of technical analysis and market interpretation capabilities often make it impossible to decisively enter the market at the first time when the market stops falling, but always miss opportunities in doubt and waiting.
Therefore, we need to strengthen our study and understanding of the blockchain industry and master basic investment skills and strategies. At the same time, it is also crucial to maintain a calm and rational mentality. In the investment process, we should not be affected by short-term market fluctuations, but should adhere to the concept of long-term investment to reduce investment risks.
