โ€œ๐‘ฉ๐’–๐’š ๐‘ฏ๐’Š๐’ˆ๐’‰ ๐‘บ๐’†๐’๐’ ๐‘ณ๐’๐’˜ ๐‘จ ๐‘ต๐’†๐’˜ ๐‘ป๐’“๐’‚๐’…๐’†๐’“๐’” ๐‘ฎ๐’–๐’Š๐’…๐’† ๐’•๐’ ๐‘ท๐’‚๐’๐’Š๐’„โ€

Victor, a newbie Bitcoin trader, decided to dive headfirst into crypto after watching a motivational video titled โ€œTurn $10 into $1,000,000 with Bitcoin.โ€ Pumped with confidence, he downloaded a trading app and transferred $500โ€”his savings for a new PlayStation.

Victorโ€™s first move? He bought Bitcoin when it was slightly dipping, feeling like a genius. Two hours later, the price dropped further. Panicking, he sold everything at a loss, convinced heโ€™d outsmarted a crash. Moments later, the price skyrocketed.

Determined to โ€œwin it back,โ€ Victor bought againโ€”this time at the peak. Naturally, the price dipped again. Frustrated, he posted in a crypto forum: โ€œIs Bitcoin broken?โ€

A veteran trader replied, โ€œNo, Victor. Youโ€™re just experiencing a classic case of Buy High, Sell Low syndrome.โ€

Moral of the story: Victor is still saving for that PlayStation.

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