To be honest, most people have experienced the following mindsets 😂
Increase 10%: What's this little fluctuation
Increase 30%: A bit high, wait for a pullback
Increase 50%: Such a rapid rise, there must be risks
Increase 100%: Confirmed, bull market, let's go all in
Decrease 10%: Normal pullback
Decrease 30%: There might be news, but I can still hold on
Decrease 50%: How could it drop like this
Decrease 80%: I don't believe in bad luck, let's wait a bit longer
Decrease 90%: Forget it, concede, utterly disappointed
Doesn’t it feel particularly familiar?
When it's rising, you hesitate to take action, and when it's falling, you drag it out longer and longer. In the end, you always chase in the hottest emotional moments and cut losses in the coldest.
In fact, the market doesn’t have any new scripts; it has always been the same set — repeatedly exploiting human nature.
To be less harvested, at least see this clearly.