Post
Topic
Board Beginners & Help
Re: in my opinion don't buy crypto at high prices
by
coin-investor
on 13/02/2023, 12:25:52 UTC


and I have advice for beginners, don't buy crypto at high prices, so buy at low prices. so that we have maximum profit. so when the price is bear we have to use this opportunity so that we can get maximum profit in the future,
so don't panic when the price is high to buy, and don't panic to sell when our coin drops in price.
and have the courage to buy when the price is down.
This is the basic and all investors know this, there's no logic in buying high and selling low, the Cryptocurrency market is highly volatile and if you want to make a profit you should have strong hands, the reason why there's panic when the market is crashing its because investors are afraid that they are going to lose their investment, they really don't trust the process and their portfolio.

Quote
I want to ask everyone?
what do you think causes people to behave like that, namely always buying at high prices,? but when the price is cheap he doesn't want to?

Two things, FOMO or fear of missing out, and  FUD means “fear, uncertainty, and doubt" unfortunately so many investors are like this they believe in FOMO and FUD, and these two hinder their success.