Ten characteristics of leeks
1. Speculating on cryptocurrencies based on gossip
The basis for buying and selling cryptocurrencies is basically the advice of a great god, the disclosure of friends in the circle, or the news in a group. Learning technical analysis is too difficult and may backfire. It is so easy to speculate on cryptocurrencies based on news. You only need a letter of a token and go all in immediately without having to think.
2. Frequent trading, chasing ups and downs
Value investment is just empty talk for most people. When I first entered the cryptocurrency circle, I naively thought that there were so many coins that soared and plummeted every day. As long as I made 5 points every day, I would be financially free in a year. I really did this, trading 50 times a day, and I could only eat instant noodles that month.
3. Resistance to falling
The necessary quality of all leeks. The psychological quality of leeks in the cryptocurrency circle is particularly good. After the price of the currency fell by 90%, they could still calmly say "leave it to my son". If you resist the plunge and keep holding on to the bull market, you can make a lot of money? No. Everyone can bear the bear market, but the volatile market is hell. If you can bear the bear market, you will die halfway in the volatile market.
4. Always full position
Deeply influenced by the big guys, all in on the blockchain. The big guys may be pretending to be full, but we are really full. Full position is like passively accepting fate. When you are powerless to resist, you can only close your eyes and enjoy it.
5. Fear of heights
I get nervous when the price rises, especially when there have been several small rebounds recently. I am afraid of profit withdrawal and rush to sell. As a result, I missed the ten-fold and hundred-fold coins again and again, and I am very upset.
6. Take luck as strength
I was lucky enough to buy the bottom of Bitcoin near 3100, and I made 3-4 times the profit on many coins. I thought I was a master of currency speculation. In the warming and rising market environment, the price will rise as soon as I buy it, and I rarely miss it. I think I am invincible.
7. People are stupid and courageous
Blockchain? What is a smart contract? I don’t care about these, I go all in without hesitation, and then dream of counting money. Although it sounds bad, it is true. I entered the market because of the wealth-making effect of the currency circle.
8. Only know the letters of the tokens
I know the letters of BTC, ETH, BCH, but what is the Lightning Network? What is POS? What is a big block? I don’t know anything.
9. Selective belief
I have a large position in a certain coin, why do you always say it’s bad? You know shit, you haven’t seen so many successful examples... The position determines the brain, you have been brainwashed.
10. Enter the market at the peak or end of the bull market
Entering the market at the peak or end of the bull market always lags behind others.
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