Why does the crypto world rise quickly and fall slowly?

Many people always think they can sell during a bull market and buy the dip in a bear market in the crypto world.
In fact, whether it's a bull market or a bear market can only be confirmed after the fact; during the process, it is impossible to know.
Based on the situation you are unaware of, which means there are no judgment conditions, the so-called concept of selling in a bull market and buying at the bottom in a bear market is simply unattainable.
Many people say, how could you not know, 100,000 is a bull market, and 70,000 is a bear market. So I ask you, what about 150,000? What about 200,000? And then it falls to 50,000 or 60,000? What do you say then?
Based on the actions of selling during a bull market and buying at the bottom during a bear market, those who succeed are actually all just lucky.
The only two actions you can truly control in the crypto world are buying and selling, and one variable: how much to buy or sell.
Everything else is beyond your control.
If you look at it in hindsight, for example, today, then 100,000 should be shipped quack. Then when should you buy the bottom You don't know, when it falls to 50,000, and then to 200,000, you will feel that 5-80,000 is the time to buy. But it didn't fall, it didn't go up, you never know at this moment.
So talking about bull market selling and buying the dip in a bear market is the wrong concept. If the concept is wrong, the understanding is wrong; if the understanding is wrong, the behavior is wrong; if the behavior is wrong, making money becomes very difficult.
A rule in the crypto world that I want to talk about today is the rapid rise and slow fall.
Bitcoin has risen from 15,000 dollars to 100,000 dollars, and it seems that this process is very emotional, as it is all a process of rise.
In fact, the real time of explosive rise is only a few days; most of the time, if you look closely, it is mostly a fluctuation.
When the shock reaches a certain period of time, it will rise rapidly, and if you don't keep getting on the car, you won't be able to keep up.
It's like when you're in a car and it suddenly takes off, how could you possibly catch up? Unless you were always in the car.
The transition from a bull market to a bear market is even harder for people to notice.
For example, it is now 80,000 dollars. The altcoins have fallen by 70%. Later, the altcoins may continue to fall by 50%.
Why, when it falls, do you see it but still not sell? You would rather be deeply stuck than unable to escape.
This is because the currency circle is falling very slowly, the specific situation may be like this, you buy 1 million yuan, rise to 3 million, and finally fall to 270, you don't want to sell, you want to sell 3 million, the result rebounds to 2.8 million, and finally continues to fall to 2.5 million, you want 2.8 million out, and finally directly to 2 million, you simply don't sell, and finally 2 million becomes 1 million, and then rises to 1.5 million, you can only pretend not to see. 1 million becomes 500,000, and then it rises to 700,000, and you are helpless, so you think it's better to forget it, so be it. In this process, every time you rally you expect to return to the original price, but the market is no longer the market it was then.
Why doesn't the market fall quickly, this is because if the bookmaker will not be able to sell at a good price if the goods are shipped at one time, they are too large, and they can only come out slowly, and every time they rebound, they will ship with various benefits. And the emergence of that kind of catastrophic market, in fact, is caused by a chain reaction, this kind of opportunity is the opportunity to pick up money, after the collapse will not take long to rebound, many bold people will instead go to the emotional money. So when it falls, it is very torturous, especially altcoins, if you directly panic and plummet, you may really be afraid to cut the meat, but in fact it rarely plummets at a rapid pace, it is all down, up and down, so it pulls back and forth, for example, the price is 10, and when I look at it half a year later, it suddenly becomes 1, and it falls by 90%. And this process, you seem to be obscured by something that you don't know at all.
In fact, you just haven't undergone deliberate training, so your perception of the price fall trend is not obvious. This is the fundamental reason why newcomers can't make money in the first cycle.
In the second cycle, if you still mix with shanzhai, then you have gained experience, and after selling shanzhai a few times, you have completely gotten used to cutting losses. Once the market starts to fall abnormally, you will be very vigilant. For example, if you made 10 times profit and it drops to 7 times profit, you will immediately exit. You won't linger on how much more you want to earn.
This cognitive process, others tell you a few times, it's better to take the money and cut yourself once, you cut the money and lose money, the first time you feel distressed, the second time you are numb, the third time is calm, the fourth time is very easy, then you will become, any cottage earned, the back wants to paralyze you, you can't do it at all, you will immediately cut the meat out.
I see many people who make money but are unwilling to sell; they wait for the price to rise to break even. Selling coins feels as painful as selling a son. This is all due to their lack of intentional training.
The market operates according to human nature; it is all about human nature. People desire a rapid rise, so the market will inadvertently rise quickly. People wish for a slower fall, hoping for a rebound, wanting it to come back, so it falls slowly.
However, those who see through human nature remain calm in the face of rapid rises, are vigilant in the face of slow falls, and have already left at the slightest sign of trouble.
Those left are all the bag holders, and they still long for the next wave of their own altcoins to rise again, but in fact, it's already impossible.
The market has already completed a transfer of wealth through a wave of行情. Moreover, this process has been quiet. Only those who have been deliberately trained can feel it and earn the泡沫 money from it.