Most people don't lose money because they buy the wrong asset, they lose money because they can't endure the waiting that often comes before a good investment begins to work. One of the biggest mistakes retail investors make happens near market bottoms. Everyone wants to buy the bottom... Very few have the patience to sit through it. Markets often spend weeks or months moving sideways near major lows. Why? Because large investors typically can't build meaningful positions in a day without dramatically moving price against themselves. Accumulation often takes time. During that same period... - Retail gets bored. - Retail gets frustrated. - Retail starts chasing the next "hot" coin. Or worse, a small drop creates fear and they sell because they can't stand seeing a temporary loss. By the time the real move begins, many have already exited. The irony is that accumulation phases are often the least exciting part of a cycle... Yet historically, they've frequently offered some of the best long-term opportunities. One more thing... Never invest more than you can afford to lose. The market doesn't reward emotion, it rewards patience, discipline, and a plan. #Crypto #Investing #MarketPsychology #TechnicalAnalysis #CryptoEducation #Trading #FinancialEducation
Eric Van Tassel (Not a Financial Advisor!)Share
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