Wolongge

The crypto world contracts amplify the greed and fear in human nature. Under the stimulation of leverage, greed makes people blindly chase the price, fantasizing about getting rich overnight, while ignoring the risk of getting liquidated; when the market experiences a big dump, fear triggers a stampede-like cut loss, collapsing before dawn. Most people become slaves to their emotions—constantly moving their take profit up during profits, ultimately leading to a pullback; and holding on stubbornly during losses until liquidation. Ironically, in a Bear Market, they dare not buy the dip, and in a
FOMO-3.27%
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