Quote from: virasisog on Today at 06:12:49 PM

Quote from: Longer27 on August 17, 2022, 07:08:43 PM

A good strategy is to buy when it's cheap and sell when it's expensive...It sounds so simple but why but why are 80% of investors in the red?

This seems so easy but lots of investors still fail for some reasons. Some of them buy while the price is still high because of the fear of missing out. They believe that the coin would continue to strike high and they could still take a huge profit from it while others sell when the price drops because of the fear of losing everything they have. Crypto investment is too challenging and the volatility of the market will test you so you better have strong hands to face all your fears.

When market is pumping then it cant really be avoided that FOMO feeling which even myself to be considered an old timer of this market do still fall out with this kind of emotion whenever the market do

make out some significant movement specially on uprising moment where you would really be thinking on diving in despite of the high price because you are really in fear on missing out the opportunity to

make profits since we've seen on how many times where bitcoin do make out some rally or crypto market as a whole where everything is rising.This is where experience and knowledge will
differ into each person because decision made would be basing on that one.