The current cryptocurrency market is not an incremental market, but a stock market.
The obvious feeling is that fewer and fewer people are involved. Is it because the market is not doing well and the cryptocurrency market is finished?
In fact, it is not. It is just because the price of the coin is not rising. If most of the altcoins double several times or dozens of times, forming a wealth-creating effect, then people outside the circle will flock in.
Because ordinary people have no thinking ability, the more the price of the coin rises, the more they will buy. Even if you rise to the sky, there will only be more and more people taking over. If the price of the coin does not rise, everyone feels hopeless, and no one will leave.
The correct approach is that the colder the market, the more you should buy. The hotter the market, the more you should leave! Most people do the opposite, so only a few make money!
