For new investors – this lesson can also apply to investing outside of crypto.
Go explore OC in this sub today and you will see posts of people wishing they have fiat to buy more crypto. This is how the sub is vibing.
You will see some FUD posts here and there but the general sentiment in this sub is: This is a DISCOUNT EVENT and buy more if you can afford to.
Just to be clear no one is saying to YOLO all your life savings right now. Some (including me) are just wishing we had funds to spare but if we don't, then it’s totally fine. We will save up and maybe catch the next one. We will not use the money we can't afford.
It's the general sentiment of this sub on red days that is remarkable. Hoping you have learned from this.
Happy Discount Hunting and Smart Investing!