The behavioral characteristics of suckers in the crypto world

The big cake broke through 111,000 dollars, Bitcoin's market share has begun to show a downward turn, and other altcoins have also seen a noticeable small increase today.
You must have been itching to make some moves, trying to find a way to get some money to go all in, hoping to make a profit in this bull market. Now you're probably feeling a bit regretful, wondering why you didn't buy in the first half of the month; if you had, you might have already doubled your money.
If the market is good enough, you may make a lot of money by buying casually. But even if the market gets better, it will not rise as comprehensively as the previous bull market, and the high-level area of the cottage has long been full of bones.
Because the people who bought the flatbread this time were all institutions, and after the institution's flatbread made money, it was not sold like before to engage in copycats, but not sold at all, and directly withdrew the coins for trusteeship. As a result, the flow of funds to the cottage is bound to decrease, and even if the copycat rises, it will not rise generally. The ones that can rise may be the mainstream ones, and it will be almost the end of 3-5 times, don't be delusional about 10 times and 100 times.
In other words, from today until the end of the bull market, if you can make 3 times your investment, you are an impressive sucker. My consistent approach is: it's okay to earn less, but don't lose money. Losing a bit here and a bit there means your money keeps dwindling, making it hard to accumulate wealth. If you make 3 times this time, and then catch another opportunity next time, starting with 100,000, you could basically reach a million.
However, you must avoid the characteristics of the following sucker behaviors. Although money can be made in the crypto world, you can still be a sucker:
First: Not willing to sell after making a profit. For example, if you have a principal of 100,000 and earn 300,000, then it drops to 250,000, still fantasizing about returning to 300,000, and when it really reaches 300,000, you think about earning another 100,000. With this mindset, you are undoubtedly a sucker and will eventually lose everything. My method is: I set a profit expectation, and if it does not meet the expectation and starts to decline, I take the remaining profit and walk away, waiting for the next opportunity.
Second: The final climax of a bull market is extremely crazy, and some coins may experience situations of 10 times in a day, but you will only hear the wealth stories of others. You made money earlier, your confidence swells, and later wanting to earn more, you put all your principal + profits in, only to encounter the start of a bear market. This is about wanting to take one last big gamble to turn things around. If you want to play, use 10% of your assets to play; if you really hit it big, that's just good luck, and the assets you earn will almost double.
Third: If you're making money but not withdrawing, and you directly convert all your U to BTC, secretly vowing not to touch it for 10 years, but you haven't locked your coins, this will really test your patience. I suggest you start dollar-cost averaging into BTC when the market returns to a cold despair, or it’s fine to start dollar-cost averaging right away, but don't think just because BTC is good that you should go all in on BTC. BTC is great, but it only belongs to those who can withstand a bear market. First, have the patience to endure a bear market, then discuss holding for 10 years. This already belongs to an advanced understanding of suckers.
Fourth: During the decline, thinking about shorting to make a big profit. This is suitable for experts, while beginners should stay away from contracts. As long as you have made a profit on the contract once, when there are no opportunities to make money later, you will think about trying to make a profit again, leading to intermittent dissonance in your understanding of contracts, always believing that you are the exception who can make money.
Fifth: In excitement, you forget yourself, start speaking loudly to people, become impatient with those around you, stop smoking 20 yuan cigarettes, begin to disdain 150,000 yuan cars, start buying whatever you like, become infatuated with beautiful women, and start tipping on beauty live streams, etc. Once you have this proud mentality, it's a precursor to decline.
Sixth: Stop learning about the crypto world and no longer pay attention to it, this will make you inexperienced. Making money in the crypto world is a skill; you need to be proficient in techniques, and you must constantly pay attention to information. Don't listen to people who say "the more you know, the more you lose"; losing a lot is definitely due to not understanding and making random operations that lead to losses.
Seventh: Don't try to manage your finances by thinking of earning a little interest on-chain; the result could be that the pool gets attacked. A few days ago, the SUI ecosystem pool was attacked, and someone lost 2 million dollars. It's best to convert your USDT into cash; if you don't convert it, it's better to keep your USDT in a cold wallet. By the way, it's best to use the ERC20 chain because I have several friends who had their funds on the TRON chain and got multi-signed; they didn't even know which part went wrong. If you search online, there are cases like this everywhere.
Eighth: Suppose you are particularly lucky in this round of bull market and made tens of millions, that must have been earned by luck. Remember the previous seven points, and at the same time, be cautious, don’t let people call you to invest, and don’t be deceived by those who provide extreme emotional value. Yesterday someone asked me to lend money, today another person asked me to invest in something, saying a financial big shot from Shanghai has arrived. I directly said I’m not interested, and then they sent me a message with a beautiful tea artist asking me to come drink tea. I said she looks nice, but I need to study and read books, so I don’t have time.
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