This may be a manifestation of human nature...

The decline in the bull market is more painful because of the profit withdrawal, while the decline in the bear market is calm because people have lost hope;

The emotional intensity of people for things they have obtained but lost is even higher than when they just got them;

For example:

1. People who are penniless usually have an emotional level of about 10 to 30 points;

2. After being penniless but suddenly making 10 million, the emotional level will soar to 90 to 100 points;

3. After making money and then losing it all, the emotional level will drop to -100;

Simply calculated, the pleasure brought by getting rich suddenly is only 70 to 90 points, while the emotional blow brought by losing all the money after getting rich suddenly is 190 to 200 points;

This also explains why profit withdrawal is more uncomfortable than being trapped. . .

The most powerful thing about the bull market is that there will always be people who are washed out by this emotional mechanism. If you enter the bear market early, everyone will be stuck and lying flat. The main force will not only be unable to complete the shipment, but also have no way to make these people hand over their chips at the bottom...

Therefore, some people prefer to be stuck compared to profit retracement. In the long run, they even develop a habit and feel uncomfortable if they are not stuck.

After all, profit retracement is a process of gradually losing hope, while being stuck is a process of waiting for hope to appear. The former has high expectations, while the latter does not have high expectations. In comparison, the latter is more comfortable and easier to lose money;

There is no comfortable position in the trading world. If you find that you start to feel comfortable when holding a position, then you are not far from profit retracement. $BTC $ETH $BNB