Shocking! !
Why can Bitcoin double and invest crazily?
I think everyone knows that the currency circle seems to be in a downward trend most of the time.
However, why can Bitcoin achieve such an amazing multiple growth? In fact, the reason is not complicated.
Cryptocurrencies often usher in a surge in a very short moment, and their increase can reach several times, ten times or even a hundred times!
Then there will be a correction. Even if the maximum correction may fall by 80%, it may take 1 to 2 years for Bitcoin to fall by 80%, while Bitcoin may only take a few months to soar from 15,000 to 70,000.
Because of this, it gives people the feeling that the currency circle is falling most of the time.
For ordinary investors, they basically will not choose to enter the market when it falls, let alone buy at a low level, because most of them are busy working to make money at that time.
Often in the bull market, they will rush into the market again.
Retail investors pay attention to the cryptocurrency market only when the market is skyrocketing, and this happens to be the time of rising prices, and it is extremely short-lived, and the market is already at a high level.
Since it is at a high level, the risk is naturally quite high, so basically there will be a pullback. For retail investors, they can often only accept the rise of the market, but it is difficult to bear the pullback of the market.
Once the pullback comes, it is almost a tragic scene of "blood flowing into a river".
I will never chase the skyrocketing coins! I will only choose to ambush in advance. If I miss it, I will miss it and wait for the next opportunity to come. You know, in the cryptocurrency circle, the most lacking thing is opportunity!
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