☑️Characteristics of the “Sardine Investor”:

🔴Lack of research: The sardine investor tends to follow the crowd or take unverified advice from forums or influencers, instead of doing their own research (DYOR — “Do Your Own Research”).

🔴Buying high and selling low: Many sardine investors buy assets like Bitcoin (BTC) or Ethereum (ETH) when they are on the rise (or when an influencer suggests that the price will go even higher), and then sell in panic when the market starts to fall, resulting in losses.

🔴FOMO (Fear of Missing Out): The fear of missing out on an opportunity causes the sardine investor to buy without thoroughly analyzing it. They may be attracted by advertisements for “easy gains” or “miracle investments”, especially in lesser-known coins or new tokens that are trending on social media.

🔴Lack of discipline: The sardine investor generally does not have a clear long-term strategy and ends up getting carried away by the emotion of the moment, reacting to market volatility with hasty decisions.