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by COINS NEWS 210 Views

How do I know that some of you sold Low then bought high again? Because I did the same in my first dip in May!

This is just human emotions take charge of everything,FOMO was kicking hard when BTC was over 65k ,everything was in green and thought It would just only goes up and gave up to FOMO.

Then Suddenly a correction occurred, market came in red,again emotions takes the charge and thought of selling started to kick in hard, after reading 2-3 random posts or articles about "This could be the beginning of Bear market" then mind thinks off all the unknown scenarios that could happen if even 1% of it turns out true.,and end up panic selling

Then Market comes back in Green,the FOMO gets active again and to cover up the loss in previous trade, bought again.

HODL is a very hard thing to do for average investor,its not easy especially when you are new in Crypto,its a very hard,an exam if you pass you got rewarded. It doesn't matter whether you learn hard way or easy way but you will learn.Take this loss as a price to be paid for the lesson you learned, this is how you will get over it. After all we all gotta pay for our education.

submitted by /u/Acceptable_Novel8200
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