New investors are particularly prone to seeing various scams and getting anxious when they're not on the ride 🥹
In fact, there are only two real entry points for a trend 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 after a period of silence on the left. If you haven't done your homework in advance and are not monitoring the market, it’s clearly difficult to catch these moments. If you miss them, it's completely normal; just remove it from your watchlist and move on, you can't afford to make the same mistake twice.
New investors are getting anxious and feeling frustrated about missing out on scams. If you jump in midway, the cost position isn’t good, and being conservative means you won’t earn much because others have already made huge profits and have more flexibility. From a broader perspective, the situation can quickly flip from being profitable to losing. In the end, the heavy investment you made might just be a realization that you're there to buy the bill. Ultimately, you end up paying fees without making any money and ruin your mindset.
There are not only twenty stocks in the market; if you miss out, there are new opportunities. Some money is just for show, and in reality, you won't pocket it.
Look at the seasoned investors; do you see any of them chasing high prices? There’s a reason why experienced investors have survived for so many years. New investors tend to focus only on profits and ignore risks. Most people in this circle last only a few months; after experiencing a couple of liquidations, they drop out. Though seasoned investors may miss many opportunities due to being overly cautious, their focus on risk helps them avoid falling into those life-altering pits.
In the cryptocurrency world, at least 30% of people are eliminated each year, and these individuals are the main source of profits for the remaining 70%. I hope you are not part of that 30%.