Odaily News Traders Cooker posted that many investors, when faced with HYPE, CARDS, PUMP and other Tokens, develop an anchoring mentality due to having “seen it at a lower price” which leads them to still feel that it is “not worth buying” even as the price continues to break through. In fact, if a project is still undervalued under the support of fundamentals such as TVL, revenue, and buybacks, it still has room to rise. He emphasized that one should not give up on positioning just because the entry timing is not early, otherwise, they may miss out on the real value market.
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Cooker: Don't let the fear of "missing the early price" hinder you from Building a Position.
Odaily News Traders Cooker posted that many investors, when faced with HYPE, CARDS, PUMP and other Tokens, develop an anchoring mentality due to having “seen it at a lower price” which leads them to still feel that it is “not worth buying” even as the price continues to break through. In fact, if a project is still undervalued under the support of fundamentals such as TVL, revenue, and buybacks, it still has room to rise. He emphasized that one should not give up on positioning just because the entry timing is not early, otherwise, they may miss out on the real value market.