A fascinating phenomenon: throughout history, almost no Bitcoin investors who made big money bought at ATH (all-time high). What is their common trait? They dare to step in when the market is at its most desperate.

Imagine those scenarios—media are overwhelmingly bearish, retail investors are cutting losses and fleeing, and the comment sections are filled with "scam" voices. In this collective panic, some people are quietly positioning themselves. They’re not doing it because they have insider information, but because they see a simple fact: extreme market emotions are often the turning point.

The logic behind this is actually quite sobering. When everyone is afraid, your panic versus their calm determines who can profit in the next upward cycle. To put it more plainly, panic itself is a form of chips—your regret is exactly someone else’s opportunity.

But there’s a key point that’s easily misunderstood: this doesn’t mean encouraging you to go all-in blindly. Truly bottom-fishing requires a capacity to stay rational in despair. You need to discern whether it’s a healthy correction or a genuine crash signal. Staggered positioning, risk control, holding core assets—these are the correct strategies to pick money in a "horror story."

Market movements are never based on luck. Those who seem fortunate have long honed an ability to observe against human nature. When surrounded by despair, they calmly ask themselves: Is the technical picture bad? Is the fundamental breakdown happening? Or is it just emotional selling? Once the answer is the latter, the opportunity is here.