In the cryptocurrency world, those who rise in value are respected, the one with the most capital is the boss. The country speaks with its fists; the range of cannons defines the scope of truth.
BTC, in terms of time, indeed, those who short are almost all fuel, contract players, fishing for three days and sunbathing for two days, their trades rarely last more than a week, and within the circle, they are called gamblers, while spot players can be seen as value investors; however, the assets they buy are very important. If you buy BTC, that's great. If you buy FIL, then you are useless.
So, regardless of whether others are calling to go long or short, it’s all just rampant gambling addiction, looking for excitement. Even if some people can resist opening a position today, very few can resist for a month.
Trading contracts is like gambling with your life; you either stay up all night watching the market or borrow to add margin, there’s always something that makes you want to leave but can’t, or makes you want to stay but feels uncomfortable. There’s no way around it; the nature of gambling and greed is inherent in humans.
Currently, BTC is supported by multiple favorable factors; it can’t drop, and as for rising, there are simply too few retail investors entering. The Americans can only increase their measures, the hype of benefiting the country, PUA, other large capitals, big consortiums, and the state entering the market; they may not necessarily take over the positions, but they certainly want to catch fish in the pond.
Tether is like the Federal Reserve, aggressively increasing USDT, which is like flooding the market; inflation is definitely going to happen. But after all, national consortiums are not foolish; you control the market, print the money, and want me to enter and take over the positions, I have to think about it. After all, the cryptocurrency world is not the mainstream financial sector; compared to gold and the stock market, it’s just a small shrimp. The manipulators are a bit foolish; pulling it up so high, with so few people taking over, will it leave the goods in their own hands? If it fails, they can only shift from one hand to the other and play by themselves.
Now, if you don’t understand, just lie flat. Anyway, lying flat can save your life. As for opening positions, at certain special times, you need to be both skilled and bold. To put it bluntly, in front of capital, whether it rises or falls, sometimes indicators are useless. And for most of us, the only way to survive in this market is to control ourselves, cultivate humanity, understand trade-offs, be good at waiting, and restrain anger and greed; only then can we continue to profit in this market.
To say something unpleasant, in the cryptocurrency world, most people are still gamblers. You see those who earn tens of millions, they all post, 'Brothers, I'm out, see you in the world.' Now do you understand? There are hardly a few people who actually make money. $BTC