Why hasn't the bull market in the cryptocurrency market risen yet?
So far in this bull market, some people have begun to lie down, play dead, or even feel sad, which is in sharp contrast to the market in the first half of this year from January to March, when investors were excited and rushed forward.
When the market rises, people are afraid of missing out, and they will not doubt the bull market, but they are afraid that they have less principal and earn less.
But after the callback, after experiencing a roller coaster ride back and forth, the price broke a new low, and the account suffered floating losses, many people were disheartened.
So why hasn't this bull market risen yet?
First of all, we must understand that the essence of the financial market is: game
Resource game, money game, cognitive game, time game, and finally psychological game. Behind the game is the transfer of resources (including funds), and everyone has different weaknesses in this game.
Some people will be blasted because their funds are too small, their risk resistance is too weak, and they lack the correct way to avoid risks. Some people will make wrong investments and make decisions and lose money because of their lack of cognition and lack of understanding of the cryptocurrency circle, so they cannot distinguish who is right or wrong.
Some people will be impatient because of the long time, always eager to make a lot of money quickly through a transaction, so as to solve the pit of their losses for several years, but in the end it is just their imagination.
Some people will be too greedy and fearful because of their psychological problems. They will fantasize about a hundred times the rise, worry about a crash when it falls, and be impatient when the market fluctuates. They will listen to various information to make themselves more and more suspicious, and finally be washed out.
