During the weekend, Bitcoin surged dramatically, successfully breaking new highs, with its price exceeding $81,000 at its peak. Such a fierce upward trend is truly impressive.
At this time, two extreme psychological states are most likely to arise in the market:
Firstly, there is the mindset of "not earning enough is a loss." When seeing others double their assets in just one day, while you only achieve a 10% return, an illusion of loss may arise in your heart. This mindset can lead to a blind pursuit of higher returns, neglecting potential risks.
Secondly, there is the contradictory psychology of "missing the ride when prices go up, and being too afraid to buy when prices drop." During the continuous rise of Bitcoin's price, one feels regret for not participating in time; however, when the price slightly fluctuates downwards, fear prevents one from entering the market to buy at the bottom, leaving them completely trapped in a quagmire of anxiety, unsure of what to do.
In such a market phase, calmness and patience are particularly crucial.
Those who can truly make money in investments are not only adept at seizing opportunities but, more importantly, are able to protect the profits they have already gained. Never let greed blind you, blindly chasing after seemingly enticing yet dangerous bubbles with your existing profits.
Currently, the key question facing investors is not "how much can be earned," but rather how to maintain a "calm and steady mindset while taking decisive actions" amidst the market frenzy.
In this chaotic market phase, only by remaining calm and earning profits can one truly be an investment winner.
