One of the best feelings as a crypto lover and holder is to see your holdings rise and increase in price while your portfolio is swelling up. But majority of people are carried away with the joy and gladness of this market pumps and then keep waiting to take profit at the peak till it begins to dip and they sell way lower than what they should have gained. It's something that's common to almost all traders. I can say greed is part of it. How do you think this problem can be solved.?
If only they know when the ATH comes, they will still be holding and wait that moment to come but unfortunately, no one knows about it and we can't blame some investors to sell it earlier. They are securing their funds already as they are also afraid a similar happening last 2017 had come to them. These people are not long-term holders, nor they will extend their optimism but they are just contented with a few percentages they get.
And those who were able to hold it longer, are lucky enough as the market continues to hype.