New investors are particularly prone to anxiety when they see clones skyrocketing without being on the train 🥹
In fact, there are only two real entry points for a trend trade that have a good risk-reward ratio. The second best is the left side just before the launch, and the best is the first right side breakthrough after the left side has been quiet. If you haven't done your homework and monitored the market ahead of time, clearly it's not easy to catch these points; if you miss them, it’s perfectly normal. If you miss out, just remove it from your favorites and move on; one mistake shouldn't lead to another.
New investors are so anxious about missing out on clones that their eyes are turning red. If they jump in halfway, their cost position is not good; being conservative means they won't earn much because others have huge profits cushioning their positions. If they think too broadly, the water changes from above to below—plop plop plop. In the end, they realize the heavy position they took was just to buy in. Ultimately, they didn't make any money, spent a lot on fees, and messed up their mindset.
The market doesn't only have twenty targets; if you miss out, there will be new ones. Some money is just what the market makers show you; in reality, you can't pocket it.
Have you seen old investors who like to chase highs? There's a reason old investors can survive for so many years. New investors tend to only look at returns without considering risks. Most people in the circle only have a career of a few months; after a couple of liquidations, they exit the market. While old investors may be overly cautious and miss many opportunities, their focus on risk helps them avoid those devastating pitfalls.
Every year, at least 30% of people in the crypto space are eliminated; these people are the main source of the remaining 70%’s profits. I hope you are not part of that 30%. #BTC☀