Stay strong guys , Bottom is near , many "panic" traders already sold their assets at a loss , soon there will be no coins to sell ahaha , only buying opportunities
Happy trading
We can't blame people who joined the market during the recent bull run under the effect of the big FOMO that was going on, every celebrity was putting laser eyes and waiting Bitcoin to reach $100k. Now, everyone (maybe the same people) are waiting Bitcoin to reach lower prices, I have been hearing very low numbers like 6k or even 3k. For me, I lost a lot during the 2017-2019 bear market and now I understand how things goes in Crypto, I honestly didn't sell at the exact top in this cycle, but sold good amount on the way down, so I'm able to accumulate these days. IMO, the ability to control emotions comes along with our experiments, we can't ask people who didn't try the bear market to hold until they see the results in the next bull which I believe will be big.
You would eventually learn up things if you have been able to experience it back in the past.For those who do have experience do really knows on what to do because our bitter experience into those previous years would really be reminding us that we should really be not that confident if we do see prices are breaking new heights which it would really be that normal that you would be having that fomo feeling.
If you are really that greedy and wait up for something more and then the price crash or made out some correction then this is where you would be finding out that you had committed a big mistake.
On next time then you do already know on what you would gonna do on these particular moments.
Bitter experience indeed. That hurt when you see yourself being over greed instead of selling with decent profits. You wait for more time, then the market crashed down and you lose your opportunities.
Sad thing, instead of making money you will lose when you fail to sell and the market already falls
too hard and bring negative to your investment. Fear and disappointment will push you to sell
even with losses and regret that decision.