I only need to look at one thing to tell whether a person can hold on to Bitcoin, and that is how he will view the rise and fall of the price of the currency.
A loser will discuss with others for a long time because of a fluctuation of 1 or 2 points, or his emotions will fluctuate greatly; ordinary people will start to be ecstatic or anxious because of a fluctuation of 10 or 20 points, and keep hesitating whether to increase their positions or sell; mature investors will find some fluctuations when the price doubles or falls by half, but they still don’t feel anything after reading it, and they just do what they should do.
If you go archaeological, you can easily find some records of public investment in Bitcoin in the early days, such as xx Wan Ge, who started to record his feelings about the current rise and fall of the currency price every few days more than ten years ago, and then I will tell you that 100% of such people have sold out very early, because the frequency is too high and the psychological fluctuations are too large, which makes his scale of “high” and “low” too shallow.
For example, if an item costs 100 yuan, and you also record 102/95 and your mood…
