# 投资认知

The recent cryptocurrency market gives a clear impression: the pace has slowed down
If you have been paying close attention to the crypto market recently,
you will notice a change: the overall rhythm has significantly slowed.
Price fluctuations still exist, but the sentiment is no longer erupting as intensely as before;
the discussion heat remains, but more of it stays in the observation and judgment phase.
From an observational perspective, these stages typically have several characteristics:
1️⃣ Information is being digested rather than released all at once
The market needs time to process e

Why do many newcomers, the more they study the crypto market, tend to make more mistakes?
When first entering the crypto market, many newcomers do one thing:
Constantly read news, browse opinions, learn strategies, hoping to "keep up with the pace" as soon as possible.
But the result is often the opposite.
1️⃣ Information overload, which affects judgment
The more opinions there are, the easier it is to be swayed by emotions rather than making decisions based on logic.
2️⃣ Taking others' conclusions as their own understanding
Applying conclusions directly while ignoring the premises and risks.

Why do many newcomers feel "more uncertain the more they trade" in the crypto market?
Many people become very busy when they first enter the crypto market:
Watching charts, reading news, following opinions, and increasing their trading frequency.
But after a period of activity, they find themselves more confused.
1️⃣ More trades but no synchronized logic
If each decision is based on external information rather than personal understanding, it's hard to build confidence.
2️⃣ Treating market fluctuations as a personal rejection
Short-term results can easily influence judgment, causing doubt about