When a group of people reports their work, the last person to speak is often more convincing, which is why leaders usually speak last.
17. Generation Effect
Learning from existing knowledge is far less effective than hands-on practice; only through your own actual operations can you truly know how to do something.
18. Peak-End Rule
If a person does 99 good things but commits one bad act, they are seen as a bad person. Conversely, if they commit 99 bad acts but do one good thing, others will regard them as a good person!
19. Hippocampus Effect
In daily life, we often encounter someone and feel as if we have seen them before, or pass by a place and feel like we've been there. This sense of déjà vu is likely because your brain has recalled something from a movie or novel you've seen before, making it feel familiar.
20. Sour Grapes Effect
People who are deeply insecure often wish to see others fail, and those who flatter the strong may become irritable towards the weak. For example, a man who achieves little outside may be more domineering at home.
I enjoy contracts, like researching market trends and technical analysis. With years of experience in the cryptocurrency space, I share insights for free. I'm here in the community, always online. Welcome to discuss and improve together.
A person can only feel rage about something for 12 seconds; after that, they will return to their usual calm state. Unfortunately, most people are controlled by these 12 seconds,
leading them to do things they regret.
12. Pandora Effect
There is a rebellious psychology in human nature that makes one want to do the very thing that is forbidden.
The more you tell me not to look, the more I want to see.
13. Franklin Effect
Those you have helped in the past may not repay you,
but those who have helped you in the past,
are often more willing to help you again.
14. Cup Effect
If you like someone, invite them out for a cup of milk tea and gradually shorten the distance between the two cups while talking. If they don't react, it’s likely that they like you too. If they move the cup away, it indicates they are on guard.
15. Suspension Bridge Effect
If you have someone you like, take her to a certain place and tell her that this is our secret base. This will quickly close the emotional distance between you, making her value this relationship even more. Click on the profile picture to follow me for free market strategy sharing, various contract and spot reference points. Be my fan, and I'll help you succeed while you just relax.
Once a person accepts a trivial request from you, they are likely to accept a larger request you make.
8. Birdcage Effect
The more you have, the less satisfied you are. When you acquire a new item, you will inevitably buy something that complements it. For example, if you buy a pair of shoes, you will also buy a matching outfit.
9. Forbidden Fruit Effect
In life, the more you try to hide a certain flaw of yours, the more others will pay attention to it, such as a receding hairline.
10. Rosenthal Effect
If you are introverted and somewhat socially anxious.
Then the best solution is to label yourself as extroverted during your first self-introduction to strangers, because people's behavior is supported by their consciousness. As a seasoned cryptocurrency investor, I share my experiences and insights for free. Interested in the crypto world but don't know where to start? Follow me to see my posts, and I'll guide you to achieve freedom in this bull market.
Twenty Psychological Effects of Understanding 'Human Nature' Do not harbor malicious intentions, but do not be without defenses against others.
You may choose not to act, but you must understand human speech and emotions.
1. Sunk Cost Fallacy,
90% of women, even when they know their man is a scumbag, still find it hard to break up, not because they love him so much, but because they have invested too much and are reluctant to let go.
The higher the cost invested, the harder it is to withdraw.
2. Murphy's Law.
When you worry that a negative event will occur, it often does.
3. Face Effect
When you make a big request and the other party refuses, then if you make a smaller request, they generally feel embarrassed to refuse again.
4. Curiosity Effect
If you like someone of the opposite sex and want them to have a good impression of you, the best way is to remain mysterious and calm. This way, they will become curious about you. Being overly submissive can instead be off-putting.
5. Broken Windows Theory
In a very clean place, people are usually reluctant to litter, but once there is some trash on the ground, they will not hesitate to throw more trash. Any minor issue, if not addressed at the beginning, will form a trend that is hard to change later. Click on my profile to follow me, I share market strategies for free, various contract and spot reference points. Be my fan, and I'll help you succeed; you just need to relax.
There are two types of people who make big money in the cryptocurrency market: The first type: Those who can see their own cards! The cards are theirs, and they also wash the market themselves, so they can see their own cards! As long as they don’t let others know, that’s fine! Even if others find out, they will firmly deny it! The second type: Stubborn individuals who refuse to sell, and have chosen the right targets. The first type has a 99% probability of profit, and the remaining 1% must pretend they are losing money too! The second type has a 50% probability of profit, because the chance of choosing good coins or bad coins is both half! Since you can't see the cards, just lie flat! This perfectly reflects the saying 'Simplicity is the ultimate sophistication'. Just look at how many people have made a fortune by buying low and selling high? If you want to learn more about cryptocurrency-related knowledge and the latest cutting-edge information, click on my profile to follow me. If you want to be a player who can multiply their investment tenfold in a month, you are also welcome to copy my trades. I publish market analysis every day and recommend high-potential coins.
In fact, many "gamblers" ultimately suffer significant losses, which can be traced back to initial small losses. They are eager to quickly "recover their losses" and make a series of irrational decisions, ultimately being influenced by sunk costs, leading to even greater losses. Regarding this, one can actually reflect on their biggest losses; were they not caused in a similar way? Of course, this is very normal; this is human nature. This is why timely risk control is the most important aspect in trading, for this reason. If you can't manage your position risk, no matter how much money you make, unless you leave the market and never trade again, it's just the market temporarily lending you money. Click on the avatar to follow me, I will share bull market strategy layouts for free, various contract and spot price references, become my fan, and I'll help you get to safety; you just need to relax.
In business, when someone asks you to invest or borrow money, and asks for your trust, it is highly likely that he cannot be trusted. You should consider whether there are corresponding solutions if he fails or does not repay, or whether you can bear such a cost. Trust is often a pejorative term; it is a symbol of low intelligence. Because relying solely on trust without the ability to constrain the other party, you will often suffer losses in this regard. As a seasoned cryptocurrency investor, I share my experiences and insights for free. Interested in the crypto world but don't know where to start? Follow me to see my content and let me guide you to achieve freedom in this bull market.
Currently, lying flat means lying to win. No struggle, no entrepreneurship, no cryptocurrency speculation, no investments, just saving money in fixed deposits, not complicating things, simple meals, spending a little money, right? If the parents have a high retirement fund, as long as the children don't struggle, even if they are unemployed at home, as long as you don't force the children to start a business, eating at home is just having an extra pair of chopsticks, spending a little more on internet and air conditioning, how much can it cost? Life is about lying flat in peace when luck is not on your side. Lying flat, reading books every day, studying, taking various exams, improving oneself, adjusting one's mindset, not being affected by external distractions. Avoid crowded places, don't seek attention, travel to places with fewer people. If you want to learn more about cryptocurrency and cutting-edge information, click on my profile to follow me. If you're a player who can multiply investments tenfold in a month, feel free to copy my trades. Daily market analysis and recommendations for quality potential coins.
Trading is about following the system without thinking; if it meets the criteria, open a position, set a stop loss, and take profit when it reaches the target. If it doesn't meet the criteria, just wait. The ups and downs have nothing to do with you, just like a fish; even if it's very fat and big, swimming around in the water has no relation to you, and generally, you won't feel tempted because you know you can't catch it barehanded. But why are you so entangled with the price fluctuations? Because you mistakenly think that with a flick of your finger, you can catch it by opening a position. In reality, we can only use the tools in our hands to cast a net; the trading system is your tool. Anything outside your system framework should not be touched; feeling tempted is a delusion, do not act on it, acting manually is a folly. Click on my avatar to follow me for daily shares of various potential cryptocurrencies, guiding you to ambush various hundredfold coins.
Many people remain stuck in the most primitive thinking patterns. They are completely clueless about theoretical concepts yet insist on having 'logic'—an increase must have an 'increase logic', and a decrease must have a 'decrease logic'. Otherwise, they refuse to believe it at all. A fitting metaphor is 1+1: you say 1+1=2, and they absolutely refuse to believe it; how can two 1s possibly become 2? There's no logic! Only when you take two chopsticks, put them together, and let them count, do they suddenly realize how miraculous it is that two 1s really do become 2. If you want to learn more about the cryptocurrency space and get the latest cutting-edge information, click on my profile and follow me. A player who can multiply tenfold in a month is also welcome to copy my trades. Daily market analysis and recommendations for high-potential coins are published.
Cryptocurrency "Recovery Formula": If it drops by 10%, you need to rise by 11.1% to break even. If it drops by 20%, you need to rise by 25% to break even. If it drops by 30%, you need to rise by 42.8% to break even. If it drops by 40%, you need to rise by 66.7% to break even. If it drops by 50%, you need to rise by 100% to break even. Once the loss exceeds 20%, the difficulty of breaking even increases significantly, which is why many retail investors and institutions set a 20% loss rate as their liquidation line. How much did you stop loss this time? How much do you need to rise to break even? Click on the avatar to follow me for daily shares of various potential coins, helping you to position for various hundredfold coins.
In the process of trading, you must unconditionally believe in something, which could be logic, principles, or ideas, and they must be correct. At any time during trading, any transaction may face risks, at which point you must absolutely trust yourself in order to gain confidence. You must overcome your natural tendency to think in ways that are not conducive to long-term profitability; otherwise, you may very likely return to the stage of seeking the Holy Grail through technical analysis. Many people have been stuck in this cycle for years without finding a solution, because merely learning to analyze market behavior does not enable you to build absolute confidence. If you want to learn more about cryptocurrency and get firsthand cutting-edge information, click on my profile to follow me. I share contract trading tips for free and provide daily insights.
What to do about trading addiction? What to do about trading addiction? Answer: Every time you want to trade, ask yourself, if you could only make ten trades in your lifetime, would you still make this trade? If you want to learn more about cryptocurrency-related knowledge and cutting-edge news, click on the avatar to follow me. Contract trading tips will be shared for free, with daily updates on points.
The Way of Trading 1. Extremes must reverse; from adversity comes prosperity! 2. The higher the price of the currency, the greater the risk. 3. Risks arise from rises, opportunities arise from declines. 4. As currency prices rise, risks increase; as currency prices fall, risks do not necessarily decrease. 5. The gains of small cycles are constrained by the gains of large cycles. 6. The true value of a currency is the basis for holding that currency. 7. Good currencies are rare; managing the currencies you hold is the best strategy. 8. Profitability is based on mindset, guaranteed by skill; act based on evidence, do not follow others blindly, trust yourself. 9. If everyone is chasing a currency, it's time to distance yourself from it. 10. Stability of profit is the ultimate goal. Click on the avatar to follow me for free sharing of bull market strategies and various contract spot level references. Be my fan, and I will guide you to success; you just need to relax.
Threefold Test in the Cryptocurrency World: First Test: After buying, you must be able to hold on during a downturn. Prerequisites: (1) Buy low enough, with a thick safety cushion; Only then can you have a chance to earn from the "Davis Double" of valuation recovery + technical recovery. (2) Position and rhythm control must be steady; Controlling your position and rhythm well allows you to stay calm in the face of downturns. Second Test: After buying, you still need to hold on during an uptrend. Prerequisites: (1) The core logic is clearly not yet fully realized; (2) The fundamentals are stable and improving, with no signs of deterioration; (3) The coin price is not significantly higher than its intrinsic value. For high-quality assets at low levels, hold long to let profits run. Third Test: When the price continues to rise after buying, you must be brave enough to sell. Prerequisites: (1) The core logic has basically been fully realized; (2) The fundamentals are difficult to sustain, and major funds are unlikely to grow as rapidly as before; (3) The coin price is already significantly higher than its intrinsic value. Constantly reassess; if the logic changes, the fundamentals deteriorate, or the coin price is overvalued, sell in a timely manner. Buying low and selling high sounds simple, but it’s not easy to achieve. If you are currently losing and don’t know what to do, you can click to follow me, tap my profile to find me anytime, and I share all contract and spot trading strategies. Only here to gain followers.
Sharing a few insights: 1. Never go all in recklessly. Position management is crucial! 2. If the trade goes against you, cut losses immediately and wait for the next opportunity; opportunities come every day. 3. Frequent trading! (Frequent trading can reduce our sensitivity to the market, making it easy to lose sight of the bigger picture!) 4. Impatient buying: unwilling to wait; prices drop right after you buy and rise right after you sell! (Learn to wait; good market conditions mean opportunities are often found through patience. Sometimes missing an opportunity also means missing a risk!) Respect the market, practice what you preach; when faced with overwhelming choices, take only what you need! If you love contracts, enjoy analyzing the market and studying techniques, click on my profile. With years of experience in the crypto space, I'm here to share my insights for free. I'm waiting for you in the community, always online, and welcome to discuss and grow together. $BTC $ETH $SOL
As a newcomer to the cryptocurrency world, you need to master two essential skills: position management and trading mindset. If you practice these two skills well, you can establish yourself in the crypto space, and making money will no longer be a dream!
First, let's talk about position management; this is the ultimate trick to protect your wallet. You need to learn to set a safety line for yourself. Once you've made some money, quickly place a "protective shield"—a stop-loss order—near the opening price. This way, even if the market turns against you, you can still protect your principal. This is especially important when trading small altcoins; as soon as the price rises, you need to be smart and raise your take-profit level while also adjusting it with the price movement, and don't forget to place that "protective shield".
Never let a small profit make you complacent; you should know when to take your winnings. If you happen to incur a loss, don't let your emotions take over and reinvest out of frustration, as that will only lead to greater losses. Remember to follow the trend and avoid constantly trying to pick bottoms; the true bottom is determined by the market, not your guesses.
You need to have a fixed trading system; don't change your strategy every day, as that will only confuse you. Be patient and avoid always chasing after rising prices or selling low; pullbacks are actually good opportunities. Also, manage your position and leverage well; don't forget your limits once you start making profits, and know when to stop.
Now, let's discuss trading mindset, which is crucial for your long-term success in the crypto space. When you encounter floating profits turning into floating losses, you need to stay calm and not let emotions cloud your judgment. Remember, trading is all about mindset; you must learn to compete with your own psychology and not let temporary gains or losses affect your emotions.
To succeed in the crypto space, you also need to keep learning and enriching yourself. Summarize your experiences every day and learn lessons from practice to improve your trading skills. Only then can you stand firm in this unpredictable market and reap abundant rewards.
In summary, position management and trading mindset are the two key treasures of trading in the crypto world. Newcomers, if you want to make money in crypto, you need to practice these two skills well. If you want to learn more about cryptocurrency knowledge and cutting-edge information, click on my profile to follow me. Those who can multiply their investments tenfold in a month are also welcome to follow my trades. I publish market analysis daily and recommend high-potential coins.
This method is simple and practical. Regardless of whether the market is rising or falling, you invest a fixed amount of money every week or month to buy quality assets. This way, your costs are averaged out, and the risks of chasing the market are greatly reduced. This method is particularly suitable for those who are optimistic about cryptocurrencies in the long term. Earning steadily, isn't that great?
Second method, Risk Diversification.
Never put all your eggs in one basket; you must learn to distribute your eggs into different baskets. In the cryptocurrency world, this means spreading your investments across various projects. This way, if one project encounters problems, it will not affect your overall returns. For example, you can try investing in BTC, ETH, and add some potential new coins. This combination significantly reduces risk.
Third method, Profit and Loss Cut Rules.
This method must be remembered. Set profit and loss exit points for yourself in advance, and once you reach them, execute decisively. Never let emotions sway you. Remember, take profits when they are available, and not being greedy is the key to making money!
These three methods sound easy, but very few can stick to them. Will you be the one who can persevere to the end and become a winner?
As a seasoned cryptocurrency investor, I share my experiences and insights for free. Interested in the crypto space but don’t know where to start? Follow me to see my content and let me guide you to achieve freedom in this bull market.