
财经少华|Apr 03, 2025 10:20
Knowing that the foam will burst, why lose all?
At the beginning of 2017, people recognized the potential of Bitcoin and firmly believed that it would bring about a financial revolution. So I wanted to send a message to my friends around me, recommending buying Bitcoin. At that time, many people had just experienced success in investing in altcoins, but their understanding of the market was shallow. They mistakenly believed that "buy hold wait increase" was the norm in the market and ignored the impact of narrative logic and emotions on prices.
In the second quarter of 2017, the market crashed and popular tokens plummeted by 70-80%. People believed that this was the agony before the rise, but still reduced their holdings by 70-80%. Subsequently, Bitcoin soared from $10000 to $20000, and the recovery of altcoins was difficult. Various negative news continued to impact the market, and everyone's beliefs began to waver.
By January 2018, altcoins had experienced explosive growth, with TRX doubling by 100 times in just a few weeks. Everyone has formed a new understanding that after a sharp decline, there will be a more intense rebound. But the market continues to decline, and people are trapped in overly high expectations.
In the previous cycle, the NFT field staged the same plot, with some NFT series skyrocketing 100 times in a short period of time multiple times. After experiencing two pullbacks, the market still rose, which led us to choose to continue holding, but in the end, we lost everything.
Now, shortly after the public launch of the AI Agent race track, it has skyrocketed 100 times, and history repeats itself once again.
We know we are making mistakes, but we find it difficult to control our emotions. The market always goes against expectations, and most retail investors find it difficult to escape the fate of entering the market and losing everything. The only way to win is to maximize the entry profit and minimize the exit loss, achieving the unity of knowledge and action, but this is not an easy task. Can you do it?
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