The current cryptocurrency market is not an incremental market, but a stock market.
The obvious feeling is that there are fewer and fewer people in the cryptocurrency circle. Is it because the market is not doing well and the cryptocurrency circle is finished?
In fact, it is not. It is just because the price of the currency is not rising. If most of the altcoins double several times or dozens of times, forming a benefit effect, then people outside the circle will flock in.
Because ordinary people have no thinking ability, the more the price of the currency rises, the more they will buy. Even if you rise to the sky, there will only be more and more people taking over. If the price of the currency does not rise, everyone feels hopeless, but no one will.
The correct approach is that the colder the market, the more you should buy. The hotter the market, the more you should leave! Most people do the opposite, so only a few make money!