It's a trend, a quite obvious one with people, they see a coin/toke soaring and they jump onto the bandwagon taking it for a ride for as long as possible and then... *ploop* it all comes crashing down sooner or later. And that is the current situation, with basically every crypto of note, it's all falling down again... And people doubted me when I said it was a bear market. I wasn't even saying that like it was something that'll last forever or it'll throw everyone's portfolio down the drain, I was just stating the obvious.

Cycles happen. And it's not just emotionally, these are just market cycles that happen with stocks as well as crypto. There will always be a correction if there is a sharp rise, there will always be a rebound (dip) to buy and profit off of unless the coin in question is already on a heavy downtrend. It's a persons power to read these cycles that brings profits. And reading these cycles comes with experience and research. It's rarely ever luck that gets someone to that holy land of being rich.

People impulsively buy things that work for others and than after it's said and done, and the market crashes they "cut their losses" like it's the only way. That is what happens, it's literally something way too many people have done and some learn from it but most don't. Most just stop trying completely cause if they failed once it must not work ever... and that is so unbelievably false but the mind set remains. It's the mind set that can't be changed, someone who impulsively buys or only follows trends is there only for a quick cash grab and nothing else. They don't believe, they don't care, they just want it in and out with as large of a profit as possible... Thing is, these people are also the people that don't know when to take the profit... They are both bad at cutting losses and at taking the profit cause there is no middle ground for them.

Now I'm not here to bash on these people, it's only natural to want to have more money but here is the thing. If you don't want to invest the time or brain power to do at least a bit of research, you are wasting your money. You're probably also losing a lot of other things with it but money is the main point here.

If buying the dip terrifies you and the possibility of something going down and then down and then even more down is something you dread, you my friend will not have a nice time in the world of finance, period.

Thank you for reading, hope you enjoyed it!

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