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Over the past few years observing the cryptocurrency market, I’ve found that there are always two typical archetypes behind the hype.
**The first is the small retail investor mindset.** They don’t have much in their accounts, have some superficial understanding of financial markets, but their time and capital investment in research are limited. As soon as Bitcoin or gold slightly rises, they immediately share it on social media. Paired with a few of their own "famous sayings," the visuals are quite vivid. Interestingly, this type of person’s shared candlestick charts always lack one thing—their own position screenshots. They are the typical "leeks" (retail investors), just not aware of it yet.
**The second is the conservative thinker.** Usually not well-off in life, relying on selling their labor for a living, so they instinctively resist all new things. When Bitcoin rises, they watch it with only one thought: this must be a scam. But as soon as they see news of a sharp decline, like BTC dropping 10% recently and hitting the trending searches, these people become the first to share. They rush to prove their foresight with "See, I told you so." They never consider—Bitcoin rising from one or two thousand dollars to the current $92,000, increasing five or six times, with occasional 10% pullbacks— isn’t that perfectly normal?
There’s a saying that hits hard: **The direction the masses rush toward is often the direction of losing money.** So to make money, you need to operate in the opposite direction of the masses. But the problem is, you and I are part of the masses—how can we clearly see where the masses are headed? At this point, mainstream media becomes the best "reverse indicator."
Which one of these categories do you belong to?