Tangent Joint Creation: Nowadays, BTC is more affected by external factors such as ETFs and macroeconomics. We cannot blindly follow market sentiment
On April 9, PANews reported that Jason Choi of Tangent Ventures reflected on his investment experience in 2022, stating that he was too eager to invest $40,000 entirely into Bitcoin at the time. As a result, the price of Bitcoin later fell to about $15,000. Although he exited in time to avoid greater losses, this experience made him realize the importance of market judgment. He mentioned that he performed well in predicting market tops but still has deficiencies in judging bottoms and short-selling strategies.
Jason also pointed out that today's Bitcoin is more influenced by external factors such as ETFs and macroeconomics, making it more complex than ever to judge market trends. He reminded investors that "being greedy when others are fearful" needs to be combined with actual conditions; blindly following market sentiment will not lead to better investment results - rational judgment is key.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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