No one is able to do this (timing the market) in traditional markets but everyone does try to do it both in traditional markets and in crypto. Why do people think that they're able to do this?
Is it because they think they can do it while no one else can? Let me know folks.
I guess people just wanted to know how much they can make a 'educated guess'. There's no difference in like a roulette or a baccarat game. They think they can predict it and when they hit it, they feel like they are invincible and can accurate hit in the next time, however, they will feel sad when they got it wrong. Yeah, maybe is like a badge or something, no other people can predict except you and that will make you feel great.
Confidence, I see. Like if I would see my gains in my trades a lot I would be making my own prediction like I own the movement of the price always. Greed could be the issue in here leading to disappointment when the tables have turned. I mean there is nothing wrong with that as we also learn somehow how the market in interval so we could make a bit of a guess before we tend to sell however it sometimes get out of hand that we're focusing on a single instincts in this unpredictable market over and over.