//Why this drop means nothing.

Why this drop means nothing.

Here is what I noticed whenever Cryptocurrency reaches an all time high.Cryptocurrency reaches an ATH unprecedented growth. Gets a bunch of news coverage for a few months. The world is watching. It just keeps rising.Too-late and FOMO investors moan and cry because they did not have the chance to invest in it when it was lower.They continually ask “Is it ever going to dip again, or should I just just buy now?”We see this often. Hundreds of posts asking if it will ever drop again so they can have a second try at investing. They look at the price months ago and think “Damn, I wish I had the chance to invest when it was only $X. Should I just buy now, or wait?”Crypto finally drops to $X, now giving those people a second-chance to invest”Welp. Cryptocurrency is dead now.”Cryptocurrency makes a recovery, and then repeat above.

Here is what I noticed whenever Cryptocurrency reaches an all time high.

  1. Cryptocurrency reaches an ATH unprecedented growth. Gets a bunch of news coverage for a few months. The world is watching. It just keeps rising.

  2. Too-late and FOMO investors moan and cry because they did not have the chance to invest in it when it was lower.

  3. They continually ask "Is it ever going to dip again, or should I just just buy now?"

We see this often. Hundreds of posts asking if it will ever drop again so they can have a second try at investing. They look at the price months ago and think "Damn, I wish I had the chance to invest when it was only $X. Should I just buy now, or wait?"

Crypto finally drops to $X, now giving those people a second-chance to invest

"Welp. Cryptocurrency is dead now."

Cryptocurrency makes a recovery, and then repeat above.