Hello everyone! Today’s 100-day challenge in the crypto world, let’s talk about two phenomena that puzzle investors—selling too early and missing the boat. These are common psychological dilemmas in the investment process, especially prevalent in the volatile cryptocurrency market. Selling too early refers to missing out on higher returns after selling too soon, while missing the boat refers to regretting not entering when the opportunity arose. So, how do we understand these two situations and how should we respond? Let’s discuss!
Selling too early: Getting off early and missing the beautiful scenery🚍
Imagine you are on a scenic road trip, but worried about missing your destination, you get off early and end up missing the most beautiful sights along the way. This is like selling too early—investors sell their assets before the price reaches its peak, only to watch it soar afterward.