$PI $PI You're used to thinking that every rebound is a trap to lure you in, used to earning 20% and not selling, only to get caught in a trap.

So when the real raging bull market arrives, you hold a hundredfold coin, and when it rises 50%, you're so scared that you quickly cash out to lock in profits. Then in the following months, you watch it soar to the sky, banging your head and refusing to get in the car.
Meanwhile, the newbie who just entered the market and knows nothing, because of reckless buying and random following, ends up holding a 100x gain unknowingly.