"Technical analysis" is a product of human needs. Another point is: Recently, more and more people have sent me private messages asking me about technical analysis, thinking that I am looking at the K-line to hold $ETH and $BTC - Definitely not, to be honest with technical analysis my thoughts are simple: Existence is reasonable, I think he is reasonable, but it is not the truth! Let's be more specific—— "Technical analysis" is a product of human needs, not an inevitable result of market laws! People love shortcuts! People love to pursue easy success! In this context, objective laws are not important, and ironclad facts are not important. Once someone preaches some trick that can easily succeed, no matter how absurd this kind of remark is, it always has a market. These absurd claims are "IQ black holes" that can easily block the audience's IQ judgment. Because it aptly responds to the deepest call of human nature. Because it is deeply in line with the devil in people's subconscious. Because people always believe in what they want to believe. Of course, this also gives everyone another kind of inspiration, there is a demand, there is a market. If you want to be a KOL, what is the fastest and most valuable way? Construct a god who can give people a quick burst! Everyone doesn't want to work their own, they all want to rely on the appearance of "God" to bring him rich, you have to become that great god, what to do? As mentioned above, the most marketable is to give people a god-like "technical analysis": As long as you keep in mind the 12-character policy of "continuous output" + "occasional blindness" + "psychological massage", you will become a great weapon in the future! I know many people are not convinced of this passage, I will definitely not delete it, if you are not convinced now, I suggest you put these words here and collect them and read them again many years later!
🧐 Regarding my Ethereum long-termism and being able to hold it when the FUD voice is full, what does it rely on - This question has been asked the most recently in private messages; I think everyone is curious about why I was able to hold on to this wave of wealth unshakable, and I think the following tweet is the most suitable to answer: I think there are two levels: First, the teacher @lanhubiji said: The only thing that can hold on is true faith, which is the belief from the heart: The changes in the market are nothing more than stupid people buying and selling, and if you don't understand the whole system, you are the fool who participates in it. In eight years, my inner recognition of Ethereum and the recognition of the Ethereum system made me fall in love with this thing from the bottom of my heart! Without the logic of believing from the heart, only bullish and emotional, no one can hold the changes in the market. The second is your experience: I think this is equally important, experience will allow you to understand the market and understand what you are investing in; First of all, I am like you, I have never been a god, I am an ordinary person who can no longer be ordinary, I have experienced countless failures and setbacks in the first two rounds of bull markets, selling flying and losses, I have sold thousands of Ethereum worth tens of dollars, and I have also exchanged Bitcoin to EOS and so on. The behavior that seems silly now is the way I came, and I think these are the normal state - Who dares to say that they understand investing without experiencing so many tribulations of beating their chests, tossing and turning, heart-wrenching, sleepless nights, heart-tearing, crying bitterly all night, turning off the lights and eating noodles, and washing their faces with tears? After Ethereum peaked in 2017, Ethereum fell to tens of dollars in 2018 I sold almost all the chips in my hand, and when I saw the next bull market coming to Ethereum to more than 4,000, how difficult it was in my heart? Everyone shouted that Ethereum had no future, and when EOS ran out to dominate the audience, I changed positions and finally became a new round of stablecoins, and it was a steady decline. These experiences will make you reflect on why Ethereum can stand tall, what is the most important thing in Blockchain, and what is the most important mentality for investment! Experience + belief, complement each other, spiral! The more you experience, the more you believe, and the more you believe, the more rewards you will get! Finally, I would like to send you this sentence - THE BEST INVESTORS IN THE WORLD ARE REALLY GOOD AT DOING NOTING FOR PERIODS OF TIME Engrave this sentence on your heads!
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