Everyone dreams of getting rich quick, but what's the harsh reality behind those 1000x gains?
Let me be honest. When a coin's price drops to five zeros after the decimal point, would you really put in a few dollars to buy it? Most people chicken out just thinking about it. Why? Because it looks way too much like a worthless token, and you have no confidence in it.
Even if you force yourself to buy it, here's the problem—can you hold it? When the price keeps crashing and your account is down 50%, 70%, the vast majority of people have already cut their losses and run. Hold strong? Easy to say.
This is the most heartbreaking part of cryptocurrency investing. The opportunity seems right there in front of you, but the psychological barrier is harder to overcome than the price gains themselves. Picking up bargains at the bottom sounds tempting, but investors with that kind of conviction are truly one in a million.
Everyone dreams of getting rich quick, but what's the harsh reality behind those 1000x gains?
Let me be honest. When a coin's price drops to five zeros after the decimal point, would you really put in a few dollars to buy it? Most people chicken out just thinking about it. Why? Because it looks way too much like a worthless token, and you have no confidence in it.
Even if you force yourself to buy it, here's the problem—can you hold it? When the price keeps crashing and your account is down 50%, 70%, the vast majority of people have already cut their losses and run. Hold strong? Easy to say.
This is the most heartbreaking part of cryptocurrency investing. The opportunity seems right there in front of you, but the psychological barrier is harder to overcome than the price gains themselves. Picking up bargains at the bottom sounds tempting, but investors with that kind of conviction are truly one in a million.