Let's look at the history, as history always rhymes.

2017 top coins included:

BCH: $1900

DASH: $1100

XEM: $0.68

XMR: $351

MIOTA: $3.92

๐–๐ก๐š๐ญ ๐ก๐š๐ฉ๐ฉ๐ž๐ง๐ž๐ ๐ง๐ž๐ฑ๐ญ ๐ฐ๐ข๐ฅ๐ฅ ๐ฌ๐ก๐จ๐œ๐ค ๐ฒ๐จ๐ฎ ๐Ÿ‘‡

All of these coins had maxiโ€™s that believed, and bag-holded.

None of these coins reached a new all time high in the next bull-market.

Despite them being, โ€œthe next big thingโ€, and believed in strongly by the โ€œcommunityโ€.

In fact, do you even know some of the coins mentioned above? NO, maybe a coupleโ€ฆ

๐–๐ก๐ฒ?

As the bear market approached, these coins had 90% drawdowns.

Bag holders would โ€œbuy the dipโ€ and continue to hold + bleed their entire portfolio.

This creates a tonne of selling pressure from these burnt bag-holders.

Itโ€™s really that simple, theyโ€™ve held their bags for so long, they see the upcoming bull-market a new coins outperforming.

๐–๐ก๐š๐ญ ๐๐จ ๐ญ๐ก๐ž๐ฒ ๐๐จ?

They sell as soon as new punters get involved.

None of these reached dollar all time highs but even worse they were decimated against BTC.

๐–๐ก๐š๐ญ ๐ฌ๐ก๐จ๐ฎ๐ฅ๐ ๐ฒ๐จ๐ฎ ๐๐จ?

1: Donโ€™t be a bag holder

2: Find the new shiny thing

3: Ride the new shiny thing

4: Sell the new shiny thing

Sometimes you donโ€™t even need to learn from your own mistakes, you can learn from the mistakes of others