Post
Topic
Board Trading Discussion
Re: A opinion on regrets
by
dunfida
on 13/06/2023, 22:51:37 UTC
the regret of losing bitcoin and ethereum should not have to happen, considering we only have enough to hold them. but losing to PEPE, shiba, doge, I think we have to realize that this is a meme coin, and it requires a lucky hand, because not everyone can analyze it. especially if we buy it when fomo occurs, even though we are already profitable, many events still hold it because of greed, that is what causes us to lose. many people talk about regret when the coin pump meme happened, most of them don't know when to let go, because they are filled with greed, and put aside the knowledge that at any time a deep crash can occur
There should be no regret for not being able to buy a meme coin because it is nothing more than a gamble, if you can't get in too early, you will only waste your money by buying billions of tokens that will be worthless once the hype is over and if you buy when there is FOMO, you are guaranteed to lose money because the price will dump right after that and it has happened a lot of time.

If someone regrets not investing in BTC or ETH when they were at their lowest and they knew about them, that is understandable because they have probably missed something that they won't get to see again, or they may, we never know what the future beholds.
Buy meme coins when their prices increase, so you have to be prepared to suffer losses in the end. If you want to buy meme coins, then we have to enter from the start when the coins are not being talked about. But it won't be easy to get good meme coins, I can say it's 1 in 100 or even more than all meme coins which will increase in price due to much talk.
But sometimes now what happens a lot is they buy and invest because they are following in the footsteps of other people who were there first, it's a kind of trap, because when a lot of people come in, they will take profits and get out of the market.
The key on here is that you shouldn't really make yourself get FOMO on which you would be finding yourself be caught on the peak on the time that those who had bought on presale or into those who had bought on the

bottom would really be releasing out their bags on which it would really be resulting for you to be ending up on holding some shit meme coins on you bag, this is where you would really be that having those kind of hopes and been praying that the price might really be shooting up once again for you to sell your coins and this is where some people would be making out some cut losses or their investment would become dust.
This is why you should really be that careful on dealing up with meme coins because there are lots of pumps and dumps projects which it doesnt really have that actual utility.