Two short stories
When we are on the street, we often encounter this situation. Some stores have signs at the door saying "Please buy a big sale, the original price of the sweater is 98, and the current price is 56". Many passers-by think it is very cheap when they see it, so they buy one.
So, did the boss lose money? The original price was 98, and the current price is 56. It seems that it has dropped a lot in the meantime. In fact, if the boss does not mark the price at 98, the current price of 56 cannot be sold. The price of 98 is for you to see, not the transaction price. If the price of 98 can be sold, why does the boss sell it at 56, right! This is the beauty of showing the price to everyone. If you can't see the price of 98, will you buy it with 56 yuan? No.
The same is true in the cryptocurrency market. Some altcoins are often pulled very high. In fact, this high price is not the transaction price, but it is also for you to see, just like the boss who sells sweaters. The price he really wants to sell to you may be 30% to 50% of this price. This is why many investors buy at the bottom and get trapped. If you don't look at the original price, will you buy it at that price? The same won't happen.
Then I will talk about how the main force makes you exit. There is also a problem of showing you the price at the bottom. That is to say, if the main force wants to absorb chips at a price of about 4-5 yuan, he must hit about 2 yuan. This 2 yuan is not actually the transaction price, but the price shown to you.
Regarding this issue, there is a very good post on the Internet. It says that the abbot of a temple took a fancy to the Buddha statue sold in a store outside, but he was unwilling to pay according to the price of the store owner, so he ordered the monks to take turns to bargain with the store owner. The monks went and offered a lower price than the other. After a while, the boss regretted every time: if he had sold it earlier. Finally, the abbot came forward and offered a price twice as high as the last monk. The deal was immediately completed, and the boss was very happy and grateful. This story tells you what the main force does at the bottom. Hitting the lowest possible position is for you to see.
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