In stock & crypto market, price changes perception.
Everyone was gung ho when Bitcoin was at ₹60 lakhs.
Right now, everyone is depressed & shunning away from Bitcoin at ₹14 lakhs.
Same happens in stocks too.
People trolled ITC at 160s & same people are now bullish at 300s.
Price does changes perception.
When stocks rise, people think it’ll grow to the sky.
When stocks fall, people think it’s end of the world.
People (herd) think & behave in extremes.
Independent thinking will help you. Both in markets & life.
Thank me later.
