Funny Trading Psychology: If you gain then it's awesome, if you lose then it is a scam
If you gain then it's awesome, if you lose then it is a scam.
This statement above is so true in all aspects of life not just in crypto trading alone, it also happens in other businesses and most things we do in life, which is why most people miss out on life-changing opportunities, now my question is why are we humans like this though? we only want to gain any and all the time and don't want to lose or be on the losing side for one second, which is the reason why so many people like the bull run or market much more than the bear run or market, and the funny thing is the bear market might actually, let me rephrase that the bear market is actually more of our friend than our enemy or than the bull market, before someone comes for me let me explain myself better, in a bull run right? we are all happy that the prices of coins are pumping then a lot of people starts FOMOing in because they don't want to miss out on gaining from the price that is pumping?

The funny thing is these might be the same people who sold off their coins when it was cheaper and at a huge loss or those that refuse to buy the dip because they a scared that crypto is dead or going to zero right or it is a scam? because they are listening to crypto critics but when the bull run comes, they are now the once FOMOing back in at double or triple the price it was during the bear market, not taking note of the fact that in a bull run or market they get to buy the same things or coins they called a scam at a much much higher price for smaller the quantities and they are fine with it.
When during the bear market that they were running scared, they would have been able to buy the same coins they are FOMOing in to buy during the bull run for a much more cheaper price or rate during a bear market like this one, the bear market presents a lot of opportunities for us buy a lot of coins at discount prices but no that is when most people sell-off instead of buying more, once they have unrealized loss or losses crypto becomes a scam but once they are in profit it becomes awesome and the best investment ever.
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