When first stepping into the world of digital currency, many people harbor a common vision: to achieve financial freedom through this emerging wealth sector, even dreaming of multiplying their assets by 10 times or 100 times. This passion and desire for success drive newcomers to bravely take their first step into the cryptocurrency world, making them part of this market full of opportunities and challenges, rather than mere onlookers.
Reality is always more complex than imagined. After a week in the market, many newcomers find themselves seemingly in a whole new universe, where all the rules differ from traditional investment markets. In the cryptocurrency world, a day's price fluctuations can be equivalent to a year's fluctuations in the stock market. In such an environment, even casual investments can yield considerable returns, giving the impression that it is as easy as picking up money. This rapid experience of success quickly inflated newcomers' confidence, leading them to mistakenly believe they were the next 'stock god.'
As time goes by, after a month in the market, reality begins to gradually reveal its cruel side. The uncertainty of the market and the influence of personal emotions make what once seemed like easy profits become elusive. At this point, newcomers no longer dream of how many times they can earn, but merely hope to break even and preserve their principal.
Three months have passed, and after experiencing the ups and downs of the market and self-doubt, newcomers' mindsets have changed again. They begin to accept the reality of losses, even thinking that as long as there is a slight rebound, even a small loss can be barely accepted. This stage is a difficult journey for many, as they start to realize that the cryptocurrency world is not paved with gold, but rather a complex ecosystem that requires careful handling.
Half a year is enough for a person to go from high enthusiasm to deep disappointment. When account funds shrink and dreams shatter, many newcomers choose to give up, silently uninstalling the trading platform's app and swearing never to step into this circle again. Some of them may return at some point in the future, but more have completely left this place that once made them dream.
In this process, it is not difficult to find that the rise and fall of the cryptocurrency market is closely linked to human psychological cycles. As Howard Marks pointed out in his work (Cycles), the psychological and emotional fluctuations of investors are one of the key factors in the cyclical changes of the market. During the cycles of optimism, frenzy, anxiety, fear, despair, and recovery, each stage tests the rationality and emotional control of the investors.
Although stocks and cryptocurrencies have similarities in some aspects, they are ultimately two different markets. Leveraging experiences from the stock market to participate in cryptocurrency investments is not always a wise choice. Therefore, for newcomers just entering this field, it is very important to understand the differences and similarities between these two markets.
Whether in the cryptocurrency world or the stock market, maintaining a calm mind and rational judgment is the key to success. Do not be misled by short-term profits, nor give up because of temporary failures. Remember, every rise and fall is the beginning of new opportunities.#2025有哪些关键叙事？ #2025加密趋势预测