You bought at 10 yuan;

You were scared when it dropped to 8 yuan;

You stubbornly held on when it dropped to 6 yuan;

You became numb when it dropped to 5 yuan;

You ignored it when it rose to 7 yuan;

You were tempted when it rose to 8 yuan;

You hesitated when it rose to 10 yuan;

You regretted when it dropped back to 8 yuan;

You sold when it returned to 10 yuan;

You liquidated when it rose to 12 yuan;

As a result, it rose to 20 yuan, 30 yuan, even 40 yuan, you were stunned, you went crazy, seeing the people around you making money, so you again bought at a high position.

In the past decade, I have seen 99% of the people around me enter the market at high positions during a bull market, and during the decline in a bear market, they all stubbornly held on. Moreover, before the arrival of another bull market, without exception, they would sell to break even, and in the end, they would enter the market at high positions once again.

The way is the law. The law is the cycle, human nature is also a cycle, so the essence of understanding the way is to thoroughly grasp human nature and the cyclical laws of the development of things. #BTC