I've experienced it several times. and even that became a nightmare for me. but I just found out that this term is JOMO.
I just recently bought a token called MetaSims on the Bsc network.
chart looks healthy for some time even looks very positive. and I decided to buy it. but when I wake up in the morning. I was surprised to see the prices have fallen completely.
maybe someone else is buying this token here.
really very annoying and frustrating. because the project looks good and there is no sign the price will be rugfull
I think you completely miss understand what he was talking about. It was not about buying and then the price dump but it was when your planning to buy but it didn't happen for some reasons and then the price of the coin that your supposed to be buying got dumped. You will have an expression something like this >... "oh god, good thing I haven't bought that token

".
I don't wonder anymore why you always lose because you're doing the wrong thing all the time. You only look at the charts but you didn't look for the other details if the coin is really trusted or not. All here are experienced people and won't just easily buy a new token like that.