$PNUT

1. Herd Effect

Humans are easily influenced by what others are doing. If a person sees that a lot of people are selling, he tends to imitate them without analyzing the situation deeply.

2. Lack of confidence in recovery:

Some people do not trust that the currency or the market will recover again.

3. Lack of patience:

Successful investing requires patience, but some investors, especially new ones, do not have enough patience to bear the fluctuations.

4. Short-term speculation:

Some people enter the market with the aim of quick profit, not long-term investment.

5. Lack of financial knowledge:

Many investors lack understanding of how markets work. So, they make emotional decisions instead of analytical decisions.

6. Control emotions:

Make investment decisions based on logic and analysis instead of fear or greed.

Markets move based on supply and demand. So, when the majority sell at one time, it exacerbates the collapse. Waiting takes courage and confidence, which not everyone has.