GM, the most fun joke today: #BTC was trapped at 69000 three years ago. After waiting so hard, it finally broke through last night. I went all in, and ended up being trapped at 69000 again three years later.
This joke is very real and highlights the recent anxiety during the surge.
I think the biggest benefit of having many fans is that I can truly understand the market's emotions. Emotional indicators must be useful.
I receive a large number of private messages and emotional outputs every day. Market news may be fake, breakouts may also be fake, and the decline may also be fake. Only emotions are real. The process of the game is the process of extreme psychological value changes.
The current emotional summary is just two words: anxiety! Everyone has been very anxious recently. The more it rises, the more anxious they become. If they miss out, they are anxious, or if other coins are rising and they are not moving, they become even more anxious!
Actually, rising to 69000, breaking through the previous ATH, and then quickly falling back, I think this is a good thing. The anxious mood can be temporarily relieved, and we should recognize the following principles:
1️⃣ If you saw it at the time but didn't buy in, either your judgment on the project's development was lagging, or you lacked confidence in the future, so this was not the money you should have made.
2️⃣ Life is about constantly missing out. There will always be opportunities that are most suitable for you. Investment is about patiently waiting, not being anxious. When the certainty is highest, go all in, and only then can you achieve great success!
3️⃣ Anxiety and "invisible losses" are the biggest sins of losses. Human nature determines that when faced with losses, or what one perceives as losses, everyone is prone to becoming a gambler! People are generally not easily deceived, but they are very easy to lose their rationality in order to make up for a momentary loss, and thus ignore greater risks, choosing to go all in and lose everything! For example, gambling, investment, or a mediocre job that you have been unhappy with for a long time but can't bear to give up!
Always remember, the sunk cost is not a cost, and invisible losses are not losses. You can be greedy, but don't be unwilling. Regret is useless once it has happened. Be patient, not anxious, and wait for your own opportunity!
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