All of the following are Ayang’s own experiences in observing the market and stepping into pitfalls in recent years. Since the article is not long, it will definitely be very superficial, so please be gentle.
First of all, is this really the lowest point in the CSGO market? Will it continue to fall in the future? Should we continue to wait and see or buy the dip? Let A Yang finish his analysis before making a decision.
Many people may be a little ready to take action after seeing the six-month trend chart of Buff. Do you think now is a good time to get in? Do you really want to seize this opportunity to buy the bottom and accumulate chips?
Ayang believes that a qualified investor cannot make an accurate judgment on the market without a complete source of information.
This picture shows the overall trend of the CS market in the past three years. We can clearly see how much the bubble in the CS market has been blown up during this period from 2022 to April 2023. And many people only look at the six-month trend chart. If you analyze it from the six-month trend chart alone, at first glance, it is definitely the lowest point in history. But everyone must be clear that the June trend chart of this market is based on the current and Comparisons were made when the bubble was at its largest, but if you broaden your view to one or two years ago, overall, do you still think it is the lowest price now?
Ayang's vision and sense of smell are far inferior to those of many big businessmen and barbs, but after falling and getting up countless times, he finally gained some experience.
In fact, this market should have continued to decline in June because the bubble was really too big. Regardless of whether CS2 is updated or not, do you really not think that the accessories at that time were really too expensive? First of all, we want to thank CS2. Without CS2, this market price drop might have happened faster and more rapidly.
Since the price peak in March and April, the subsequent market has been supported by the good news that CS2 is coming. This is why when CS2 actually comes, the market collapses even more completely. The expected value of the good news of CS2 has been consumed in advance before its arrival. Capitalists have long known this, and only retail investors are kept in the dark.
Many comments on the market all point to the same point, saying that CS2 was poorly done and the game effects were too poor, which led to a sharp price drop. In fact, this is still just a seemingly reasonable excuse given by the capital for this crash. Even if CS2 reaches its peak when it comes out and the effect is very good, it cannot change the outcome of this drop and washout.
Think back, a year or two ago, when the information gap was not so transparent, how many people played CSGO and made money by playing bricks? If you look at it now, if you randomly pull out a group of people on a certain music channel to show off, the number of people can crush the total number of people on the entire network in the past two years. If we don't wash and clean it, how can we continue?
The essence of the CSGO market, including many other markets, is that capital continues to erode the wealth of retail investors in the process of rising or falling jewelry, until retail investors leave the market. So the essence of market trading is that smart money eats up stupid money, and stupid money has been severely harvested.
Many people think that the surge in jewelry is driven by the bullies. In fact, part of the reason for the decline in jewelry is also driven by them. If you want to understand this truth, you will understand that the market has no intuitive rules at all.
In short, everyone remember that as long as the bookmakers don't collapse, the market will never really collapse. The sharp price drops you see are just big businessmen cleaning the market over and over again. No problem. The more deaths there are, the clearer and healthier the market will be in the future. As for whether you are one of these people to be purged, it all depends on your own understanding and perseverance.