The crypto world is truly strange.
When the market surges, everyone rushes in to chase the highs, but when the market oscillates or consolidates, people choose to wait and see.
Especially at the bottom of a bear market, market activity is close to freezing point, and even many veterans in the crypto space won’t glance at it.
Yet this is often the best entry opportunity, which everyone overlooks.
When the market takes off, at the high point, institutions openly state they will enter, and only then do people rush in to chase the highs.
Do they not understand the principle of buying when no one is paying attention?
I believe every adult knows this, yet there’s always a herd mentality.
They think that as long as there are many people, it’s safe.
It’s like crossing the street; as long as there are many people, everyone can run the red light together, giving a sense of security.
This is also an objective phenomenon in the investment market: why do market makers never lose, and why are retail investors destined to be exploited?
As long as market makers sell off, retail investors will cut their losses and leave, even if the price drops to an outrageous level, they still dare not enter.
But when market makers push the price up, retail investors will line up to enter, even though this is clearly the highest risk moment, they fear nothing.
Take the current market as an example; I have told everyone many times that December might be the last opportunity to build positions.
However, during these days of fluctuating markets, everyone seems uninterested and hardly enters, always waiting for a lower entry point.
The number of friends asking me questions in the past two days has also decreased.
But as soon as the market takes off this week, many will come to ask me how much USDT they have, and still being in cash, which tokens are more profitable to buy?
Once the market has already risen, asking me which tokens to recommend for profit is putting me in a difficult position.
Of course, from a technical standpoint, some projects do present good trading opportunities after establishing a trend, which belong to right-side trading.
Right-side trading often pertains to medium to short-term trading; if you want to root in this bull market and eat from start to finish, then buying on dips for long-term positions is what you should be doing most.