Hey everyone its @chahir99 , in this post im gonna give explain why you shouldn't chase the hype , so without further ado let's jump right in :
Instead of chasing the hype and buying at ATH (all time highs) , what you want to do is:
anticipate the hype , and anticipate when the market is going to panic .
That's why if you go back and see the price of BTC at $200 or $300 , it seems really cheap right now , but at that time nobody cared about it , and a lot of people are regretting that and now they're buying at $11.000 .
So instead of buying ATH and instead of chasing the hype , wait for a panic wait for the bounce , and anticipate the moves .
In trading you want to try to anticipate all the future moves that the market going to throw at you , and if you're just getting into crypto currencies at this point ,any time that you're going to buy in market that's up a large percentage , what you need to do is give yourself enough room that if the market does pull back or crash or put in one of those parabolic reversals you're not going to get hurt too bad ,think about the hype think about the herd mentality and try to control your emotions .
I hope this was helpful and you guys learned something and if you like it please up vote me and let me know what you think about it in the comment section.
Thanks for reading!
Thanks for following @chahir99 .
@OriginalWorks