Post
Topic
Board Economics
Re: The mentality of an average wannabe investor
by
Huskarls
on 08/03/2019, 23:15:42 UTC

The average investor is always on the loss, because he's always angry and negative.
When it's going up, he doesn't buy and says: why would I buy something that went up by 500% last month? It's clearly a bubble!
When it's going down, he also doesn't buy: why would I buy something that is worth 30% of what it was? It's clearly dying!

I'm sure that less than 10% of the people around you knew about Bitcoin in 2017 and had the opportunity to buy. Less than 0.5% actually bought. Out of those, most sold at a loss and didn't make any money, or lost the coins at scams, casinos, hacked exchanges, ICOs.
If your coins have more value now then at the time of buying, you can be proud. You're among the elite!
 

investors also need to analyze whether they have to enter the coin, it will be very bad even when a coin that is currently falling 30% of the previous price, then invest in the hope that one day it will be able to rise again.