12-10-2021, 05:16 AM
If you bought in at 'ATH' and it fell off a cliff doesn't mean it will never climb i
<!-- SC_OFF --><div class="md"><p>If you're new and haven't been around atleast a couple cycles, it's easy to let the charts get to you when you're down. I used to check them constantly trying to find the "dip" (I didn't really understand what that was at the time) in the middle of a bull run... it was even more after it had a major, prolonged (actual) dip. I was off the ATH by less than 5% on the buy in. </p> <p>I remember feeling like a fool for learning FOMO the hard way. I also made the mistake of telling 2 people I got into Crypto, and was up. I was green for less than a week and was constantly asked 'how much was I up now?' In the following red months. </p> <p>Those months did end though. I kept buying, lowering my average purchase price. Even with recent 'crashes' (I use that term loosely) I'm still green.</p> <p>Now not every coin does this, but some do. DYOR to find out which ones.</p> <p>Edit: This ofcourse excludes shitcoins.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/illintent99"> /u/illintent99 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rcgq5f/if_you_bought_in_at_ath_and_it_fell_off_a_cliff/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rcgq5f/if_you_bought_in_at_ath_and_it_fell_off_a_cliff/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>If you're new and haven't been around atleast a couple cycles, it's easy to let the charts get to you when you're down. I used to check them constantly trying to find the "dip" (I didn't really understand what that was at the time) in the middle of a bull run... it was even more after it had a major, prolonged (actual) dip. I was off the ATH by less than 5% on the buy in. </p> <p>I remember feeling like a fool for learning FOMO the hard way. I also made the mistake of telling 2 people I got into Crypto, and was up. I was green for less than a week and was constantly asked 'how much was I up now?' In the following red months. </p> <p>Those months did end though. I kept buying, lowering my average purchase price. Even with recent 'crashes' (I use that term loosely) I'm still green.</p> <p>Now not every coin does this, but some do. DYOR to find out which ones.</p> <p>Edit: This ofcourse excludes shitcoins.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/illintent99"> /u/illintent99 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rcgq5f/if_you_bought_in_at_ath_and_it_fell_off_a_cliff/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rcgq5f/if_you_bought_in_at_ath_and_it_fell_off_a_cliff/">[comments]</a></span>Kind Regards R