Knowing how to buy is not a strength, knowing how to sell is the winner!
As we all know, the bull market is the golden period for investors to make money, but it is also the most risky moment. I still clearly remember the first bull market when I first got involved in the cryptocurrency circle, and my net assets evaporated by 90% at one time. This experience made me deeply realize that although the bull market has unlimited opportunities, the challenges are equally severe.
There are many people who can tell you when to "buy", but few can tell you when to "sell".
Are people who can buy at the bottom or people who can escape at the top better? Of course, people who can escape at the top are better!
As long as you don't "escape at the top", all the profits you make in the bull market will go back. So, even if you buy at the bottom, you are just a runner-up.
Every time Wei: BTC669922 comes, it is often the same pattern: a considerable number of people will either lose everything or leave the market immediately after breaking even.
Why does this happen? Because the crypto market is like a psychological game between people, human fear, greed, and panic of missing opportunities (FOMO) and other emotions will play an important role in it.
Although no one can predict the trend of cryptocurrencies with 100% accuracy, when you understand the structure and rules of the market, you can successfully seize and profit at the best time. In this field full of opportunities and challenges, understanding the psychological dynamics of the market is one of the keys to success.