The cryptocurrency world is indeed strange.
When the market surges, everyone rushes in to chase the highs, but when the market oscillates or consolidates, people choose to sit on the sidelines.
Especially at the bottom of a bear market, market activity is nearly at a standstill, and even many veterans of the crypto space won't take a glance at it.
Yet, this often presents the best opportunities to enter, which everyone tends to overlook.
When the market takes off, and prices are already high, institutions openly announce when they enter, and only then do people rush in to chase the highs.
Do they really not understand the principle of buying when no one is paying attention?
I believe every adult understands this, but there is always a herd mentality.
The belief that as long as there are many people, it is safe.
It’s like crossing the street; when there are many people, it's okay to run a red light—more people provide 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 doomed to be 'cut'?
As long as market makers sell off, retail investors will cut their losses and leave, even when prices are ridiculously low, they won’t dare to enter the market.
When market makers push prices up, retail investors will line up to enter the market, even when it is clearly the highest risk time, they remain fearless.
Take the current market as an example; I have told everyone many times that December might be the last opportunity to build positions.
But in the past few days of market fluctuations, people have shown little interest and almost haven’t entered the market, instead waiting for lower prices to buy in.
The number of friends asking me questions has also decreased over the past few days.
However, once the market takes off this week, many will come to ask me how much USDT they have, and if they are still in cash, what is a good investment?
Once the market has risen, asking me which coins to recommend for profit puts me in a difficult position.
Of course, from a technical standpoint, some projects indeed present good trading opportunities after establishing a trend, which belongs to right-side trading.
Right-side trading usually pertains to medium- to short-term trades. If you want to root yourself in this bull market and eat from start to finish, then buying on dips to build long-term positions is what you should do the most.