Why do so many people buy an alt near the top of a pump and ride it all the way to the bottom? As a matter of fact, many of them consider it a badge of honor that they never sold (even though their investment is now worth 10% of what it once was). Any thoughts?
Having bought into DOGE I just couldn't be arsed to sell. That being said I have never been so much of a trader. In total I made over 50% loss, finally sold them off at some point. Why I bought in during the pump, which was almost over. Guess lack of expierence, lack of thought and lack of information. Wouldn't do it again. Guess it's a price to be paid when getting into this.
(Bought BTC at 600, bought DOGE at ~70-80, with the intention to just hold until moon, maybe even years, pure lazyness)