Chasing the cheapest entry point or looking for easy gains? Yeah, that's usually where traders get burned.
The thing is, if a coin looks dirt cheap and everyone's calling it a steal, there's usually a reason. Sometimes the market knows something you don't yet. And if a trade seems too easy, too obvious—well, most traders already priced that in.
Better approach: Wait for price discovery. Let the market breathe. A solid entry at fair value beats scrambling for that extra 5% savings on something that crashes 50%. Same logic with exits—don't force trades just because you're up a bit.
Quality timing beats chasing bargains. That's the actual edge.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
6
Repost
Share
Comment
0/400
HallucinationGrower
· 6h ago
That's so true. I've been fooled by cheap goods before, and now I just run when I see low prices...
Wait a minute, the ones who really make money are never the bottom-fishers, but those who know how to let the bullets fly for a while.
Saving 5% is nothing; a 50% loss is what causes a heart attack...
View OriginalReply0
TooScaredToSell
· 6h ago
That's so true. I was personally hit with this before, sacrificing that 5% and ending up losing 30%...
View OriginalReply0
MetaMisery
· 6h ago
Damn, this is the reason I keep falling into traps... It seems that coins that look cheap are often cheap for a reason; the market has already priced it in.
View OriginalReply0
GasFeeWhisperer
· 6h ago
Honestly, nine out of ten people chasing the bottom end up buried... When a coin is ridiculously cheap and someone is hyping it up, there must be something fishy.
Let the price speak for itself. Rushing to buy the dip will only make you the last bagholder.
View OriginalReply0
GasFeeSobber
· 7h ago
Honestly, many people fall for the trick of "picking up bargains"... watching the price drop drastically, they can't help but jump in, only to get trapped even worse.
View OriginalReply0
MissedAirdropAgain
· 7h ago
Bottom-fishing can be troublesome; it still depends on the fundamentals, brother.
Chasing the cheapest entry point or looking for easy gains? Yeah, that's usually where traders get burned.
The thing is, if a coin looks dirt cheap and everyone's calling it a steal, there's usually a reason. Sometimes the market knows something you don't yet. And if a trade seems too easy, too obvious—well, most traders already priced that in.
Better approach: Wait for price discovery. Let the market breathe. A solid entry at fair value beats scrambling for that extra 5% savings on something that crashes 50%. Same logic with exits—don't force trades just because you're up a bit.
Quality timing beats chasing bargains. That's the actual edge.