losing too much and then talking nonsense, right? 🤣🤣🤣
Nguyen_Van_Tu
·
--
$BTC There are too many people wanting to make quick profits by going long and short. When the price rises very high, they jump in to short. When the price drops low, they jump in to long. You should pay attention to this very phase. The price of bitcoin increased from 70k to 111k. Many jumped in to short. Why do they like to short at this price? There are two main reasons: 1. They see the price of bitcoin rise slightly above the peak and then drop. They think that is a sell-off! They believe that the price of bitcoin will crash hard. 2. The second reason is the deadliest one. They want to get rich quickly. They want to profit from the top of the tree to the bottom of the tree. They think that if they can do that, they will be the best in the world. At that moment, they will become legends and they will make a lot of money.
It is very foolish that around us exist such greedy creatures. Their ego is extremely high. They always fail, and it will always be that way. They like to take everything from others. Their cunning nature is a fatal weakness. What they see are the things Mr. Market wants them to see. They think that only they see it and they act like a professional. In reality, there are tens of millions, hundreds of millions of people acting just like them. And they will all lose their money. They will have to go back to being workers tomorrow to earn money just to survive! They are slaves to money! They are also slaves to gambling games like futures, high-margin leverage. The tasty bait is always rat poison. Thinking they can be richer than others to be kings? They are just teenagers who do not know what wisdom is!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.