March and April 2024. The most talked about thing in the group is "all in", and the group members are full of confidence and ready to go all in, which also has the effect of confusing other group members.
May and June 2024. Now the most talked about thing in the group is the bearish return, and the group members are all long, but the market is still falling.
At the end of June 2024. It is expected that the most talked about thing in the group is cutting, and the group members will go in the opposite direction, and finally stop loss or blow up the position.
June and July 2024. It is expected that the most talked about thing in the group is the bullish return, and the group members are all shorting, but the market is still rising.
August and September 2024. It is expected that the most talked about thing in the group is "wow", the market reverses, but the group members are shorting and missing out.
Most retail investors lose money when speculating in cryptocurrencies. I have said it many times that the most reliable way to do it is to hoard value coins. At the relative bottom, hold on to value coins steadily. Don't buy high and sell low. Wait patiently. When you think the opportunity has come, fill your warehouse. Delete the cryptocurrency trading app, reinstall it in the late bull market, and cash out at the top of the bull market. Study more and exercise more, and wait patiently for the bull market feast in 2025.
