It sounds good to say, when the market is cold, it feels colder, and it can go down further. When it goes up, there is a feeling that if you don't grab it right away, you won't have the opportunity.

The Common Loop of Traders & Holders:

During a bullish phase, there will be correction waves! There are good buying opportunities during an uptrend, but why do so many people feel fear? That's because:

- They have chased many altcoins for years and are just now breaking even or still haven't reached the shore.

- Just after cutting losses or breaking even on some altcoins, they continue to rise, causing frustration.

- The feeling of fear comes from having gone through a process of being taken up and down by the market!

However, when the market starts to heat up and grows rapidly, people become eager to jump in quickly to follow the FOMO groups... the result is that many altcoins have already multiplied many times from their lows, even surpassing their peaks, but they still do not pay attention. They only care about FOMO to double or triple their investments...

And the result is that it becomes a mouse trap, and I am the mouse caught in it because I don't want to cut losses... still thinking that it will eventually rise, surely it will double or even five or ten times...

And so I sit and wait, hoping until the market is frozen for many years, and at that point, just wishing to break even.

These are the mistakes that many traders face, and it's a continuous loop like this. Because when the market crashes hard, there is no money left to buy... when the market rises, they wait to break even... when the market rises strongly and they recover their capital, they jump back in at a higher peak but don't take the opportunity to sell high, wanting to hold on, so they refuse to cut losses when the market trends negatively. As a result, they chase peaks year after year to nurture hopes of breaking even...

Advice: Buy when the market is at its coldest, during significant correction waves, and have a reasonable profit-taking target for each wave.

$BTC #mginvest