Recently, the mood of the crypto market changes as fast as the face-changing in Sichuan opera.

Bitcoin surged in the past two weeks, and everywhere in the social circle there were celebrations of "wealth code" and "the bull market is here." Just a few days later? The price has pulled back a bit, and the tone in the comments section has completely changed—some people are starting to shout "liquidate and stop loss," while others have directly changed their profile pictures to gray.

I know a few old investors who are even funnier. When the market is good, they post long articles analyzing the technical aspects every day, talking about golden crosses and breaking resistance levels as if they are experts. When the market adjusts? They all disappear, and the social media feed is as quiet as a temple. If you say they don't understand the market? That's not necessarily true; it's just that their mouths are more agile than the market fluctuations.

To be honest, I actually find this situation quite normal now. News is flying everywhere, and emotions dominate the market trend; isn't this just the daily routine of the crypto market? Real opportunities are often hidden after data is released and emotions reverse—at that time, everyone will collectively change their narrative.

The most stable thing in the crypto market has never been the price curve, but rather the 180-degree turn of everyone's opinions every day. This back-and-forth skill really deserves to be recognized as an intangible cultural heritage.

BTC-1.69%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
7
Repost
Share

Comment

0/400

RetailTherapist

· 13h ago

Haha, these people are really something. Just yesterday they were discussing golden cross with me, and today they're diving in. It's clear now, emotional cards are much more useful than the Candlestick Chart. At times like this, you can really tell who truly understands and who's just taking a gamble. I've never seen anyone still writing long articles when the market is falling; they're all the talented artists in a bull run. The key is that these suckers are still unaware, it's really something. This back-and-forth jumping should really be a cultural relic, a treasure of the crypto world. The speed of everyone's 180-degree turn, do they even think about it? It's the same for everyone; as soon as news comes out, it's all "this time it’s definitely going to rise," and when it falls, it’s "I saw this coming a long time ago."

View OriginalReply0

SneakyFlashloan

· 13h ago

Laughing to death, this is the daily routine of the crypto world. Today long positions, tomorrow short positions, the mind just spins around with the Candlestick Brothers' mouths are indeed more deceptive than candles, their ability to brag is amazing The back-and-forth jumping is not wrong, I feel like I'm almost learning to change faces Those who closed all positions must be regretting it now, haha, always dying before dawn Emotional reversals are the real opportunity for making money, but unfortunately, most people can't see clearly This round of adjustment will continue, let's see if there will be a big show to perform

View OriginalReply0

GasGuzzler

· 13h ago

These people are really something else. When the price rises, they are all experts, but as soon as it falls by two points, they collectively go deaf. Old suckers have this kind of temperament, always talking about technical analysis, which is actually just gambling. The moment of emotional reversal is when the real gold mining happens, but the premise is that you must be able to hold your mentality. Haha, it's hilarious. The most stable opinion in the crypto world is that there is no opinion. It’s always like this, I’m numb... really. To put it bluntly, no one can predict anything; it's all about gambling and luck. The ones who shout the loudest about closing all positions and stop loss are often the most cowardly. This wave of adjustment is actually refreshing; the fake experts have finally quieted down. I just watch them jump around repeatedly, to avoid following the trend myself. The article is well written; it hits the pain point of people in the crypto world.

View OriginalReply0

Trending TopicsView More
#GateOctTransparencyReportReleased
22.91K Popularity
#CoinDeskOctoberGateReportComing
21.53K Popularity
#GovShutdownOfficiallyEnded
27.54K Popularity
#BuyTheDipOrWaitNow?
14.84K Popularity
#LaunchTokensOnSquareToGrab$1,000
130.96K Popularity

Hot Gate FunView More

1
BTCbitcoin
MC:$3.83KHolders:1
0.00%
2
$CATPopp
MC:$3.86KHolders:2
0.08%
3
Pi.netPi.net
MC:$3.84KHolders:2
0.26%
4
gotothemoongo to the moon
MC:$4.1KHolders:10
1.38%
5
PIPI
MC:$3.82KHolders:2
0.08%

Sitemap