Bitcoin hits 80,000 USD but still heavy losses: Investing in a 'herd mentality,' listening to 'fake experts,' and blindly trusting trading bots? Wake up!

Recently, Bitcoin has surged, just hitting 80,000 USD, and yet people are still facing heavy losses. Isn't that shocking? Clearly, something is off. Why do people keep investing in cryptocurrencies and then sit crying, 'Why am I still losing,' while the big players are profiting massively? Simply because too many still think investing is just following the crowd, listening to self-proclaimed 'experts,' and blindly trusting trading bots. The reality is not as rosy as it seems online!

1. Investing with FOMO - Is it worth it?

We Gen Z are often affected by FOMO, seeing something hot and jumping right in without thinking carefully. Bitcoin rises sharply, everyone rushes in to buy to keep up with friends. What happens? They see the price go up and rush to buy, then when the price drops, they panic, sell off, and take losses. A slight correction makes them turn pale; no wonder they keep 'buying high and selling low.'

People invest, not play TikTok, so just because you see a trend doesn’t mean you should follow it. Investing requires strategy, not just following friends. FOMO won't make you rich; it will only make you a victim in a game whose rules you don't know.

2. 'Experts' on the internet - All sweet words to sell courses.

Have you ever scrolled through TikTok, YouTube, and seen those who self-proclaim as 'financial experts,' 'investment gurus'? These guys are only good at shouting predictions that Bitcoin will hit 100k, 200k, 'buy now or miss out,' then shaking likes to boost views. But ask yourself, how many of them actually know about the market? Most are just talking for fun as long as you believe and click on their course purchase link or download their app.

Believing in promises of quick riches is one of the fastest ways to drain your account. They tell you to buy, you buy; they tell you to sell, you sell. What’s the end result? They have expensive courses to sell, and you’re left with a negative account balance. Next time, be careful; real experts rarely go online to 'sell their success formula.'

3. Automated trading bots - Thought it was 'safe and sound' but turned out to fail faster than the internet speed!

Have you seen those trading bot ads? 'Sit back and earn profits,' '24/7 automated trading bots making money for you,' sounds too tempting, right? The reality is? They are pre-programmed tools, they have no brain, no emotions. In a volatile market, the bot only knows how to do one thing that’s pre-set. What’s the result? A quick price drop means your account is 'gone.'

Only you know when to stop, when to cut losses, or when to hold, not any bot. Blindly trusting automated trading bots is no different from 'auto' handing your money to someone else without controlling the risks. Yet people still dream of 'sitting back and enjoying profits' - wake up!

4. Gen Z investment style - Don't turn your account into a 'victim' of greed!

Many people think cryptocurrencies are the fastest way to get rich, like 'I just need to invest a few million here, wait for Bitcoin to rise, and I'll be rich immediately.' Sorry, nothing is that easy. Investing is like going to the gym; you have to train, learn, and even give it time to 'sink in.' If you think you can just throw money in and earn profits, you don't know how many times you'll have to learn this expensive lesson.

Even if Bitcoin skyrockets, it doesn't guarantee you'll profit if you keep following the crowd, believing the sweet words of 'fake experts,' and using bots as a lifeline. Remember, the financial market is not a place for those who refuse to learn and are lazy in thinking. Learn for yourself, seek knowledge, and take control of your decisions. Don't let it get to the point where you complain, 'Bitcoin is at 80k and I'm still losing' - by then, it will be too late!

5. In summary: Investing is not about following trends; it requires a mindset.

We Gen Z are used to rapid speeds; we jump on anything hot immediately. But investing is not like watching entertainment clips. Investing requires you to understand the market thoroughly, have a plan, and especially to steer clear of those 'rosy' promises from self-proclaimed experts. Don't blindly trust anyone or any tool. Sometimes what you need is a little patience, some research, and a mind that knows how to analyze.

And if you still want to invest in a 'herd mentality' way or rely on bots, sooner or later, you will be prepared to say, 'Why am I still losing heavily?'