Why 99% of the people lose money in crypto?
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The main reasons are:
1/ FOMO:
Most people just FOMO buy the green charts and don't want to enter whenever there's red. Ex: There were millions of people who bought and wanted to buy BTC at $60k+, but now, the number is not even close to those who want to buy at 30k.
2/ Lack of Patience:
I'll explain this with an ex: People when they see a red chart, they sell immediately without even looking at the macro, the next day they know their coin is up by 30%
3/ Dependency on Charts:
Crypto just don't only follow charts, there are news, project development, whale inflows-outflows, roadmap & so many diff factors which one should not ignore while staying in the market.
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