This round of bull market has come to a point where some people have started to lie down, play dead, or even feel sad. This is in stark contrast to the market in the first half of this year, from January to March, when investors were excited and rushed forward.
When the market is rising, people are afraid of missing out. They don’t doubt the bull market, but they are afraid that their capital is too small and they will earn less.
But after the callback, after experiencing a roller coaster ride back and forth, the price broke a new low, and the account suffered floating losses, many people became disheartened.
Then why isn’t this bull market rising yet?
First of all, we must understand that the essence of the financial market is: game
Resource game, money game, cognitive game, time game, and finally psychological game. Behind the game is the transfer of resources (including funds).
Everyone has different weaknesses in this game. Some people lose money because they are blocked from information, slow to understand, and unable to read resources.
Some people may be liquidated because their funds are too small, their risk resistance is too weak, and they lack the correct risk avoidance methods.
Some people make wrong investments and lose money because they don’t know enough about the cryptocurrency world and therefore can’t tell who is right or wrong.
Some people will wait too long and lack patience, always eager to make a quick buck through a transaction to make up for their years of losses, but in the end it is just their imagination.
Some people are too greedy and fearful because of their poor psychology. They fantasize about a hundred times the price when the stock price rises, and worry about a crash when the stock price falls. They are impatient when the market fluctuates, and they listen to information from many sides, which makes them more and more suspicious. In the end, they are washed out.
Everyone’s personality, capital, cognition, and expertise are different.
If the main force wants to win in the game, it needs to have different methods for different groups.
Unknowingly, if this cannot break your psychological defense, there will always be one that can break your psychological defense.
Therefore, most people in the market always end up losing money.
If you want to survive in the cruel cryptocurrency investment world, make money in this bull market, and make a profit from future investments,
Then we must accelerate our improvement
Learn the industry knowledge of blockchain, so that you will not be fooled by fake coins or scams because of your lack of knowledge.
Learn financial investment knowledge, understand the operation behind the financial market, the intentions of the main players, and how retail investors lose money. Only by understanding can you avoid
Only by learning to understand human nature can we avoid the weaknesses of human nature. Our own attitudes are always being led by the market without rational judgment.
Learning a complete trading system will help us know how to avoid risks, understand the bull and bear cycles of the cryptocurrency market, and determine when to buy and how to buy, so that we can minimize risks and maximize returns.
Some people may think that it is troublesome to learn so much about investment, I might as well listen to the news, there is no such thing as good things that come without hard work in this world
If you don't improve yourself, any pitfall can make you lose everything. You will have to work to pay off your debts for the rest of your life. You will hesitate to spend 100 yuan.
Don't imagine that the main players in the financial market will show us favors.
Every bit of effort is to increase our chances of winning.
After immersing and growing in these things every day, I feel confident about making money.
Before I started studying finance, I thought it was difficult. As a rookie, I might never learn finance. But when I studied systematically and immersed myself in the circle of professionals every day, I
I find myself changing every day, and I understand the truth about how the world works and how to make money in the cryptocurrency world. This is a good professional circle, and I want to improve myself in all aspects.
At present, I think the reasons why this round of bull market is not rising are the points mentioned above, cognition, professionalism, information, as well as one's own time and mentality.
If you are not good enough in any aspect, focus on improving that aspect.
In every bull market, there are people who doubt that there will be no subsequent bull market. In the end, it is proved that the cryptocurrency circle continues to set new highs and gradually moves towards the mainstream market.
I believe that it won’t be long before we see more people from around the world flocking into this industry.
There will be more elite talents in the industry, people with high IQ, high education, and strong backgrounds. The threshold of the cryptocurrency circle will gradually increase, and making money will become more and more difficult.
Before that, what we should do most is not to worry about the market, listen to the news, play dead and lie flat.
Wanting to make money by fighting alone and buying randomly is no longer suitable for the current cryptocurrency circle, let alone the future cryptocurrency circle.
You must seize the time to grow your wings and find a big tree to shelter yourself, so that you can win steadily in this bull market and have enough first pot of gold!
Let us take advantage of this once-in-a-century turning point in our history.