Investing in cryptocurrency is a very nice and lucrative idea but this isn't for everyone.
No business is ever for everyone, no matter easy or simple you think it's. Know this and know peace.
Some people believe crypto is a get rich quick scheme so they invested in it.
Most people, actually. However, I guess those who rushed into it in 2018 with that mindset and got burnt are unlearning that mindset now.
👉👉is greedy: Some people want it to be bullish always. They never learn to take profit. They keep waiting for their token to do more than ×100 but in most cases this turn around and go against them making them to lose all profit and part of their investment because they end up selling in panic.
Sadly true about not talking profit on time and exiting the market. I've been caught up with that too. You really can't crucify anyone for wanting more profit, can you? 🤪. On a serious note, it's good to define one's exit point and not shift it. Half a loaf of bread is better than none, they would say.
The rest points you stated are also true.