《Why do you always buy at the top and sell at the bottom?》
In the cryptocurrency world, there is a saying that everyone feels guilty about yet everyone experiences:
"Why do I always buy at high points and sell at low points?"
It sounds like a complaint, but this is a fate that most people cannot escape.
First, you always act only after "seeing the results."
You notice a big bullish candle, and it has already risen by 8%;
You are focused on a hot topic, which has already been preemptively ambushed for three days;
By the time you start to feel tempted, the market has moved from the "launch phase" to the "divergence phase."
When you finally place an order, you are not buying a trend; you are buying the "tail end of a climax."
So you feel like you are "chasing the highs," but in reality, you are just "arriving later than others."
Second, you are not selling at the bottom; you are selling at the emotional collapse point.
What really kills you in the market is not the losses, but:
"If I don’t run now, I won't be able to come back"
"I can't afford to lose any more"
"I can't take it anymore"
Every time you cut your losses, it's not because you've calculated it clearly, but because you "can't hold on any longer."
And the emotional collapse point of people often occurs just before the main force is ready to lift off.
Third, your rhythm is always opposite to that of the main force.
The main force builds positions when the market is quiet;
Retail investors pay attention when the market is lively.
The main force sells at the peak of a climax;
Retail investors cut losses at the bottom of despair.
The main force relies on plans,
Retail investors rely on feelings.
As long as your hands are controlled by emotions, you will always be led by the market.
Fourth, you are not losing on direction, but you are losing because you "can't resist."
The main force can hold on for three months, while retail investors struggle to hold on for even three days;
The main force can withstand corrections, while retail investors are anxious about a 5% fluctuation.
It’s not that the market is bad, but that your patience is short.
It’s not that you can’t trade, but that you "don’t allow price fluctuations."
The final cruel truth is:
You are not defeated by the market,
You are defeated by your own emotions.
To break free from buying at the top and selling at the bottom, you only need to do three things:
No predictions, no all-in, no random movements.
These three things may seem simple, but they can save 99% of people.
Today's 🧧🧧 Q&A: What is the abbreviation for Bitcoin?
Comment to unpack.
