Bitcoin hits a new high and then crashes! Did you buy the dip? Did you cut losses?

Let's create a graphic to simulate the psychology of some retail investors, please don't take it personally!

Step 1: Hesitant during the bottom consolidation and upward phase, afraid to buy!

Step 2: New highs are reached, continuously buying, hearing everyone say the bull market is here, buying more as prices drop!

Step 3: Massive sell-off, questioning life, finally can't hold on anymore, cuts losses and leaves, swearing never to play again!

Step 4: After the sell-off is completed, the price continues to soar, slapping thighs in regret, wishing they hadn't done it! Starts to repeat steps 1, 2, and 3 in various ways!

Disclaimer: This content is purely fictional; any resemblance to real persons or events is purely coincidental! Please do not take it personally and then mobilize the masses to boycott me!