Cryptocurrency trading is actually a game of killing "smart people"
Most "smart people" have a common characteristic, which is that they hope to make a profit in a short period of time, that is, they expect the price to rise after buying.
In action, it is short-term trading. The reason why the dealer can harvest most retail investors is that they have mastered this mentality.
Using the advantages of funds, news, etc., they kill "smart people" again and again.
Trading is actually a hunting game, and the prey is us retail investors. Everything you can see exists to hunt us.
For example: copy trading, contracts, options and other tools make you think that these tools can help you make money, but in fact they are all illusions.
Another example: news, breaking news, Trump was attacked by guns, Ethereum ETF passed, Robert Kiyosaki, the author of Rich Dad Poor Dad, called orders, etc.
These news that you can see are just for you to see, so that you FOMO, lose your rationality, rush in, and then be hunted.
The financial industry makes money by taking actions, and we make money by not taking actions.
So he said that he would not open his company on Wall Street, but in Omaha, because Wall Street is flooded with a lot of information every day, which stimulates your hormones and makes you FOMO and lose your rationality.
