Everyone gets excited when a cryptocurrency collapses sharply - they say: "If it recovers, I'll make a fortune." But this is beginner thinking.
When a cryptocurrency crashes like this, it doesn't simply recover. Smart money avoids it. Whales and seasoned investors don’t go near it. Only speculators bet on a quick rebound. Many of these tokens collapse and stay dead. I wish I could return to my breakeven point so I could short it more - but deep down I know it won’t.
In summary: Hope is not a plan. Be logical, not emotional.
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