Have you ever thought that the story of investment always repeats itself? Take the 2013 gold rush as an example. Gold prices kept falling, and a large number of investors rushed to buy, each thinking they had found a huge bargain. But what is the truth? At that time, the US economy was beginning to recover, and the demand for safe-haven assets like gold was dropping sharply. A large-scale sell-off followed, ultimately leading to a supply exceeding demand.
Time flies like a white horse, and more than ten years have passed in the blink of an eye. Gold prices have long since rebounded, and those who held on and didn't sell back then are now smiling happily. On the other hand, think about those who hurriedly bought the dip—were they just following market sentiment blindly, or did they accidentally catch the right rhythm as gamblers? This question is worth pondering for everyone involved in the market. Because history not only repeats itself but also keeps reminding us: distinguishing between rational judgment and blind follow-up often determines the final gains.
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Blockchainiac
· 6h ago
Damn, it's that same "history repeats itself" argument again... But to be fair, we do keep falling into the same pits.
The group of people who bought gold at the bottom back then are still self-hypnotizing themselves about that decision.
Getting the bet right and rational investing are almost two different things; don't confuse them.
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CryptoPhoenix
· 6h ago
Remember, the biggest fear when bottom-fishing is not being able to tell whether you're a gambler or an investor.
The bear market is the best time to see people's true hearts; those who persevere will eventually see spring.
A cycle of ten years, everything that is meant to come will come; the key is whether you can endure it.
The story of the bottom range repeats every year; the question is when we can truly break through the cycle.
Only after losing money do we understand that chasing rallies, selling in panic, and value reversion are just a matter of clarity.
Don't chase blindly; this wave might be just preparing for the next rebirth.
Emotional recovery takes time; patience is about accumulating energy.
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NotFinancialAdvice
· 7h ago
The wave in 2013 was truly a painful lesson. Are there still people repeating the same mistakes now?
Have you ever thought that the story of investment always repeats itself? Take the 2013 gold rush as an example. Gold prices kept falling, and a large number of investors rushed to buy, each thinking they had found a huge bargain. But what is the truth? At that time, the US economy was beginning to recover, and the demand for safe-haven assets like gold was dropping sharply. A large-scale sell-off followed, ultimately leading to a supply exceeding demand.
Time flies like a white horse, and more than ten years have passed in the blink of an eye. Gold prices have long since rebounded, and those who held on and didn't sell back then are now smiling happily. On the other hand, think about those who hurriedly bought the dip—were they just following market sentiment blindly, or did they accidentally catch the right rhythm as gamblers? This question is worth pondering for everyone involved in the market. Because history not only repeats itself but also keeps reminding us: distinguishing between rational judgment and blind follow-up often determines the final gains.