How does a person get trapped in an information cocoon?
Recently, my family bought a bathroom cabinet that originally cost over 20,000, but the owner sold it to me for 7,000 as a sample deal.
You get what you pay for; expensive means good. This is a life philosophy ingrained in my DNA.
However, after the cabinet was installed, it became the beginning of my troubles. First, the high-end cabinet has a hollow bottom, which is impractical and can only hold half of what I used to store.
Then, the mirror of this bathroom cabinet is dark-colored, making me look very dark every time I look in the mirror, and my complexion appears terrible. The spirited young man in the mirror before now looks like an old man.
If a person only engages with and believes in information sources that align with their own views and preferences for a long time, they will find themselves in a closed information environment, wrapped up like a cocoon.
Investing is the same; to gain valuable information from data, many people only like to see the opinions of influencers when buying coins. Most of these influencers base their views on experience, and they also have their own information cocoons.
Broaden your horizons by studying the token information released by Binance every day, understanding the background and underlying logic of these skyrocketing tokens $NEWT $HYPER $KERNEL. This will lay the foundation for you to buy the dip during a bear market, thus maximizing the chances of avoiding junk coins...
📰 Daily News Look at #Binance! July 24 (Thursday) News Brief
Top Gainers: $NEWT $HYPER $KERNEL
Trending: $BNB $BTC $ETH
🔸 US Ethereum spot ETF net inflow of $332.2 million;
🔸 Binance expands institutional OTC settlement services, adding support for USYC and cUSDO;
🔸 Total cryptocurrency market cap exceeds $3.85 trillion, with Bitcoin's market share at 61.2%.

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