Many people buy altcoins hoping to double, quintuple, or even decuple their profits, but if they can't withstand a 30% pullback, how can they have the courage to chase those multiple profits?
The reason people don't make money in the crypto space is simple: if they can't make much money in real life, why would they expect to win in a real-life battle royale with millions of people online? If five people in an office can't win, how can one expect to win against millions?
So, it's better to invest in a regular savings plan, don't make things difficult for the crypto space, and don't make things difficult for yourself.
Routine discouragement.
