Many people have a fatal psychological misconception, which is that they believe as long as they hold onto spot investments, there is nothing to fear. However, the biggest danger of spot investment lies in the fact that when prices fall, investors are often completely unaware.

When trading spot, people often have this thought: even if the price falls, it doesn't matter, since the number of coins held hasn't decreased, and as long as they wait patiently, it will eventually go back up. It is with this mindset that when the price of the coin really does rise, they become reluctant to sell out of greed, resulting in the price falling again, repeating this cycle, and ultimately possibly facing the painful outcome of the coin's value dropping to zero.

Moreover, during the process of a sharp fall in cryptocurrency prices, one may become self-paralyzed, falling into a vicious cycle of "wait for a rebound after a 10% fall → delete the app after an 80% drop." Engaging in spot trading can easily lead one to be trapped in the beautiful illusion of "waiting for a rebound," always convinced that "after a fall, it will eventually rise again." However, the cruel market often delivers a heavy lesson to those who hold such thoughts.

Here’s a picture for the brothers. Everyone can combine their own investment experiences and think carefully about the principles involved. #BTC