I‘ve seen so many comments lately from guys saying „Had I only put something into Luna yesterday.“
Luna is the perfect example for a hindsight bias, because it went down everyday an incredible amount pricewise and only had one pump after all, that not many guys had on screen.
In fact, there was no logical explanation that you should put your money into something, that went down in freefall, because nobody knew what would happen the next hours and where the bottom would be.
But why do people still think they missed out? Because obviously in crypto in general, people are loud-mouthed when they had luck for once, but all the mistakes around that one time of luck are never made public. So the ones feeling like it would have been easy to time that don’t see, how little the odds would have been to get that exactly right.
What I want to say with all that is that you shouldn’t be too hard on yourselves for not being the lucky few, when all you did most of the time was what sounded right with the information you had at that time.
With hindsight, we would have all bought Bitcoin many years ago.
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