Spartan Group partner: Nowadays, BTC is more affected by external factors such as ETF and macroeconomics, and one should not blindly follow market sentiment.

PANews April 9 news, Spartan Group general partner Jason Choi reflected on his investment experience in 2022, stating that he was too eager at the time to invest his entire $40,000 into Bitcoin, resulting in the Bitcoin price later falling 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 shorting strategies. Jason also pointed out that today Bitcoin is more affected by external factors such as ETFs and the macro economy, making it more complex to judge market trends than before. He reminds investors that “being greedy when others are fearful” needs to be combined with the actual situation, and one should not blindly follow market sentiment; rational judgment can lead to better investment results.