Thinking about how to take over
Case 1:
A friend recommended a meme coin to you. You took a quick look and thought it was not very reliable, so you did not buy it. However, when you looked at it again the next day, you found that it had increased tenfold, and you couldn't help but exclaimed: "Fuck!" The next day, you found that the price had increased a hundred times, and your heart was full of regret.
Then, the friend recommended another meme coin. You thought that maybe you were lucky last time, so you chose not to believe him this time.
As a result, the next day you found that the new recommendation also increased tenfold, and you felt annoyed again. After a fierce struggle in your heart, you thought that it didn't matter even if you lost money, so you decided to get on board.
But soon after, the price of the coin began to fall. When you checked the next day, you found that it was almost zero.
Case 2:
You always thought that the price of the coin was too high, and you didn't buy it for a long time, thinking that you would wait until the right low point to enter the market. However, the expected negative news did not come as expected, but the price of the coin began to rise.
You thought that there would definitely be a callback, but you didn't expect it to continue to rise a few days later.
Seeing your friends making money, you can't help but feel anxious. As time goes by, the price of coins keeps rising, which makes you feel more uneasy.
Finally, you decide to get on board, afraid of missing the opportunity of the bull market. As a result, this wave of market ended soon after you entered the market.
Case 3:
As the price of coins continues to rise, you firmly believe that the market has reached its peak and the big bull market will not come again. Therefore, you choose to open a short position, but the price of coins continues to rise, and your short positions are also liquidated one after another.
As the price of coins continues to break new highs, your cognition is impacted again and again, and people around you seem to be getting rich overnight.
Finally, you realize that the big bull market is indeed coming, and you begin to believe in the market. You choose several altcoins and try to be bullish. However, just after entering the market, the market really came to an end.
In these cases, we see a kind of repeated regret and struggle, reminding us to stay calm when investing and avoid making impulsive decisions due to emotions.
