How Inexperienced Retail Investors damage crypto BUY HIGH/SELL LOW

in crypto •  6 years ago  (edited)

This was really good exemple to show how people lose money in crypto and same people will shittalk in Telegram / Discord and blaming everyone except themselves.

Our Hero Today is : http://bts.ai/u/cheyne-dunford

How noobs sell their coins :

#Market SELL coin which was traded 700-1K sat few days ago
At the same time he could sell them at 550sat on Stocks.exchange
But he prefered to sell everything on CB for -50% discount.

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#FOMO BUY MARKET AEX spread 560 sat / 1000 sat

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#FOMO BUY ALQO

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Conclusion :
Cryptomarket is vulnerable to people who have no idea what they are doing, and it's a matter of time they will be screwed out.
As contrarian you want to do opposite, but always DYOR.

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