Why Most People Buy High and Sell Low And How to Avoid It
Letās be honest most traders lose money because they do the opposite of what they should. They buy when a coin is trending on social media, and they sell when the price dips a little. But thatās not trading itās emotional gambling.
Hereās what really happens: when prices are pumping, everyone gets excited. āThis coin is going to the moon!ā they shout. They FOMO in buying at the top, hoping for another 2x. But then comes the correction. Prices pull back. Fear kicks in. And without a plan, they sell for a loss.
But the pros? They do the opposite. They buy when no oneās watching. They accumulate during boring ranges, red days, or when social media goes quiet. Then they ride the wave up when the crowd finally catches on.
Want to trade smart? Hereās what you need:
A clear entry and exit plan
Patience to wait for strong setups
The courage to buy when others are scared
The discipline to take profits when others are greedy
Remember: markets donāt reward emotion they reward preparation. So donāt chase the hype. Build your strategy, stick to it, and let the market come to you. Thatās how real profits are made.