Today, a friend in the square left a message: "Why did BlackRock and other ETFs stop buying when the price fell sharply? They bought when it rose?"

In fact, the logical relationship is wrong.

It is not that they bought when the price rose, but that their buying led to the price increase, and the same is true for selling.

The impact of retail investors on the market in the current market is almost negligible, and the initiative is completely in the hands of the dealer.

They have a large amount of funds, and buying and selling will affect the direction of the market. Retail investors can only follow the trend, chasing high when it rises, and cutting losses when it falls.

In other words, we are completely led.

This is why Thirteen has always asked everyone not to pay too much attention to the short-term market and take a long-term view.

The shorter the time, the more money you will lose.

The seemingly irregular K-line charts are actually drawn by the dealer with a pen.

Maybe there are some games between dealers for large-cap currencies such as Bitcoin and Ethereum, which is relatively fair to us.

For other small projects, it is completely controlled by the dealer.

As for A-shares, Thirteen will never touch stocks, because they are completely out of his control and are completely manipulated, and retail investors cannot make money.

Moreover, the increase may be more than 10 points a year, the income is very small, but the risk to be borne is extremely huge.

Many people left me messages saying that stocks are advanced, and in their words, they stood above the cryptocurrency circle in the contempt chain.

Why bother? Making money is real, and everything else is just a passing cloud.

When you lose money and cry bitterly, these so-called contempt chains are worthless.