Have you ever bought an item
just because it was more expensive than the one next to it –
even though both are exactly the same?
If so,
you have been a victim of something called:
High price bias.
In the crypto world, the same thing happens every day.
When Bitcoin reached 95,000 USD,
everyone rushes to buy.
But when the price was 30,000 USD,
most stood outside,
skeptical,
worried.
We are programmed to think that:
High price = good.
This may be true for a watch.
A handbag.
A fine dinner.
But in investing?
This is a fatal mistake.
Price does not always reflect true value.
Sometimes,
it only reflects the emotions of the crowd.
Imagine you are in a crypto supermarket.
There were two Bitcoin items on the shelf.
One priced at 75,000 USD.
One priced at 95,000 USD.
Which one do you think people will choose?
Surprisingly –
when the price is low, many hesitate.
They are skeptical.
They think: "there must be something wrong."
But when the price is high,
they believe the market has "confirmed."
Even though the real opportunity has... passed.
And so you fall into the familiar loop:
High price → FOMO.
Low price → FUD.
A dynamic duo.
Leading you to the worst decisions...
Investing is not about chasing flashing numbers.
If you only look at the price to decide,
you are driving by... the rearview mirror.
You only see the past.
You miss the future.
Price is a product of emotion.
Value is a product of understanding.
Think of Bitcoin as a piece of barren land.
When the price is low,
it is an uncharted land.
Alert investors will buy in at that time.
They build value.
They stay ahead of the market.
Then when the price rises,
the crowd rushes in.
But at that point, the real opportunity has closed.
They don't buy for value.
They buy for price.
So how to escape the trap?
The next time you see the price "rising strongly"
and feel the urge to jump in...
Stop.
And ask yourself:
"Am I buying for value – or just for price?"
True value lies in:
Technology
Community
Development team
And future potential
Good investors don't need to wait for high prices to "confirm."
On the contrary,
they act before the crowd sees it.
They see value,
before the market recognizes it.
Ultimately,
remember:
The market does not reward consensus.
It rewards alertness.
And courage.
Price is noise.
Value is a signal.
Which one do you choose to listen to?
