There was a senior who entered the cryptocurrency world with 100,000 yuan, and now his assets have reached 10 million yuan. He once said something that greatly benefited me: 'The cryptocurrency market is like a crowd of rabble; as long as you control your emotions, this market can become a cash machine!'
During the Lehman crisis, the idea of 'cash is king' was once popular, and everyone was smartly waiting for lower entry opportunities. However, making the decision to liquidate is far more difficult than re-investing. During market lows, pessimism is at its peak, and many people are unwilling to enter. Only after the market starts to rise, with moving averages showing a bullish arrangement and trends moving upward, do they find the courage to buy. Investors originally hoped to 'buy low and sell high,' but often ended up 'chasing highs and cutting losses.'