Five Misconceptions of Ordinary Retail Investors

5. Seeking a Sense of Security in Groups.

     The essence of human nature is to seek profit and avoid harm. Since the days of cave dwellers, humans have been accustomed to tribal groups because individual strength cannot withstand predators, and it’s the same today. Institutional investors are the modern-day predators. Therefore, there is a tendency to favor group living. However, the most peculiar aspect of the cryptocurrency space is that whether you seek a community or a group, the trading skills of most individuals are uneven. As a result, the space is filled with various emotional and subjective statements every day. These comments not only fail to provide positive feedback but also deepen your fears.

    Hunter's Personal Opinion: High-quality groups often have various invisible barriers that prevent ordinary novice investors from entering. If you want to join a high-quality circle, you must first enhance your own understanding; otherwise, you won’t have the right to engage in equal dialogue. This world is very realistic, and the cryptocurrency space is even more so. It is not determined by the size of funds but by understanding. Capable individuals inherently possess pride; why should they waste time explaining to naive and clueless individuals? If you are currently losing money, do not think about recovering your losses first; focus on improving your trading skills.