Have you ever had a situation when you realized that you were making a mistake, but you just keep on doing it. For example, buying some kind of hype shit coin about which you are absolutely sure that in the end it will become garbage, but in the short term there are chances to get a good profit, but in the end everything turns out the other way around.
Share your stories.
Almost everyone has experienced problems, especially those related to the crypto world, be it trading or otherwise, if you make a mistake in buying some junk coins, it's a sign that the analysis you made is not right, so the purchase is meaningless at all, it requires careful analysis. carefully and from every purchase you make.
Its like dealing with doge coin. We all know exactly that meme coin are no good for long term since they have no potentials to survive once they experience dips but some investors still take the risk that it might be profitable because Elon has hyped it. Yes, it was once profitable but look at it now, its value is already very low compared to its previous price that was definitely high.
This is more likely showing someone's greed. But we have nothing to do with it because its their money that are at stake. The only thing that we should consider first is we know already that the certain coin is definitely no good for long term holding but still some invested it and come out profitable at first and eventually lose in the end.