I always wonder why a lot of people fomo to buy a coin or token after the price has pumped. In this present bull run I've seen a lot of people FOMO and buy cryptos at a really high price and they quickly dump when they witness drawdowns.
Isn't that just hustling backwards?? Its almost like they are trying to loose money on purpose.
So i wonder why they FOMO to buy in the first place
Of course they are buying coins when the price starts to increase, and you think the price is already very high, but the pope still says the price is still very low. We only buy a small part of the amount of crypto that exists, but many other investors are ready to buy in large quantities, so the opportunity for price increases is still very possible.