Why does the investment market closely follow the 80/20 rule? Why do 80% of people lose money? Because the 20% of people who make money are neither greedy nor have a clear understanding of themselves, while the 80% of people think they are very powerful and can make money in every wave. They think they can buy high and sell low, so they watch the market every day. They want to catch every round of ups and downs, but the reality is often the opposite. If you watch the market too much, you will only cut your losses when it falls. Even if you tell him that it will rise again in a few months, he can't help but operate at the moment. Moreover, most people will find a reasonable excuse for themselves, saying that I am avoiding risks and I am stopping losses. I can clearly say that 80% of people will not think about stopping losses unless they fall to a certain extent. They will stop losses after they feel the pain. Traders have already understood these things thoroughly. I don’t know if you guys feel that the concept of the banker is getting weaker and weaker in this round of bull market. In addition to the copycats, there are also bankers. After Bitcoin has an ETF, it is directly operated by capital. Take the Grayscale crash a few months ago as an example. It is a complete capital manipulation. This means that the era of the wild in the currency circle has passed. It is indeed getting harder and harder to play.
Another difficult point is that there are too many copycats in this round. They all claim to be the leaders in their own tracks, and the switching of hot spots is much faster than before. In the past, a high-quality copycat could bullish the entire bull market, but this round many can’t. After cutting the money, the banker changes his skin to develop the next one.
This is also a bug of pretending to be dead in the position. Position management is particularly important at this time. No matter how optimistic you are about a copycat, you can’t hold a heavy position. The total position of the copycat cannot be too much. It is not recommended to exceed 30% of the total position. In the past bull market, you can win if you have position management and mentality management. This round of bull market is not possible. Both must be excellent to have the last laugh.
I personally feel that the current market is still volatile. Many KOLs say that it will soon reach a new high, etc. First of all, I personally feel that the financial conditions for a new high are not met. Secondly, although it has been volatile for a while, if you want the bull market to be more violent, it would be better to fluctuate for a while. After all, the longer the horizontal line, the higher the vertical line. My friends have all heard this.
