$LAYER
Beginner mistakes are almost always the same. At the peaks, they think that the coin will fly to the moon without them, and therefore they buy. Meanwhile, they read news that is often created to sell off the asset to such optimists.
Another type of mistake is buying a falling knife; my first teacher taught me, "don't touch a stock for at least a week after a strong drop. Good assets don't just fall like that."
And so it turns out that the very astronauts are stuck at the top, while new ones enter during the drop, reasoning, "it's cheaper now, I need to buy."
But a large player needs to accumulate a position if they want that coin, and this will take time and won't raise the price just like that.
On the contrary, it's easier for them to push it down and force people to sell, to buy the share they need, unless of course it's a scam. $OM
After losing money a few times, you will come to this realization yourself, but perhaps this post will save someone. Wishing everyone well 🤝