This story may be something many people encounter.
When you impulsively spend a little spare change compared to your total money to randomly buy a cryptocurrency, you often see a high percentage of profit, sometimes even doubling or tripling. But unfortunately, the value is not much.
However, when you start to seriously research and invest more money to buy in, the price begins to drop, and the more you dollar-cost average (DCA), the more it decreases.
You thoroughly research a particular cryptocurrency, choose a good entry point to buy, but somehow as soon as you purchase, the price drops, and the more you buy, the lower it goes.
Could it be that the exchange is monitoring you?
This is a psychological issue in investing.
If you want to know more, please leave a comment and follow. I will analyze it in more detail in the next article.