This article corresponds to the previous blog post:

Most people think that leeks chase the rise and kill the fall, but this is not the case from the perspective of "Behaviorology":

Specifically, "when a currency is now 20 yuan, one investor bought it for 22 yuan, and another investor bought it for 18 yuan. When the currency price rises, the investment bought for 18 yuan Investors will hold firmly, because for him, it is just an expansion of profits; while for investors with 22 yuan, it means a reduction of losses, and their confidence in holding firmly is not strong. Because he hates losses, he extremely It is possible to sell when the arbitrage is unwound; and when the price falls, the reaction of the two is exactly the opposite. The investor who bought for 18 yuan will be eager to cash in the profit because he is afraid that the profit will disappear. At the same time, because he hates losing It may happen, and profits will be taken very early. But for investors who bought at 22 yuan, holding the currency without selling or continuing to buy may be the best strategy, because cutting out the flesh means realizing losses. This is an investor's The last thing they want to see is the result. Therefore, they will instead look for all kinds of favorable information to enhance their confidence in holding coins.

Therefore, blindly selling down will not make Leek hand over its chips. Only after selling down and then pulling up to a certain height will its chips loosen, and then pulling up again to let it take over. This cycle repeats #BTC #ETH🔥🔥🔥