RETAIL: at $126,000: "This is going to go up to $200,000, I'm buying!"


RETAIL: at $90,000: "Just a dip, I'll buy more!"
RETAIL: $78,000: "Maybe I should wait..."
RETAIL: at $67,000: "I'll wait for $40,000"
I'll sell if it reaches $40,000: "Oh my God, I'll buy again at $20,000!"
RETAIL: at $95,000 three months later: "Damn, I should have bought at $67,000, but now the bullish trend is confirmed, I'll buy!"
RETAIL: "To the moon! All in! ALL IN"
The cycle repeats.
Forever.
Because RETAIL doesn't want good prices.
RETAIL wants CONFIRMATION and to catch the minimum and maximum.
And confirmation is expensive. You'll never be smarter than the market, and the sooner you accept that, the better.
LUNA2.81%
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