DarkenBiz
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Most Bitcoin investors make decisions driven by emotion rather than strategy, according to Jake Pahor, co-founder of Crypto Super Hub.
According to him, during market downturns, people tend to panic and stop buying assets—even when prices are sitting at local lows. For instance, in February, when Bitcoin dipped to around $60,000, activity on exchanges virtually vanished; investors showed no interest in buying, despite the fact that this represented one of the lowest price points seen in the previous year and a half.
"The cheapest Bitcoin in 18 months—and nobody wanted to buy it. People invest with their emotions, not their intellect. The problem isn't a lack of intelligence, but rather the absence of a system to help avoid making impulsive decisions," Pahor noted.
He also recalled the 2018 cycle: at that time, Bitcoin first hit a local bottom near $5,854, then rallied to $8,397, only to subsequently crash by nearly 62%, establishing a final low around $3,212.
His conclusion is this: without a clear strategy, investors continue to buy during rallies and sell out of fear—repeating the same mistakes cycle after cycle.
According to him, during market downturns, people tend to panic and stop buying assets—even when prices are sitting at local lows. For instance, in February, when Bitcoin dipped to around $60,000, activity on exchanges virtually vanished; investors showed no interest in buying, despite the fact that this represented one of the lowest price points seen in the previous year and a half.
"The cheapest Bitcoin in 18 months—and nobody wanted to buy it. People invest with their emotions, not their intellect. The problem isn't a lack of intelligence, but rather the absence of a system to help avoid making impulsive decisions," Pahor noted.
He also recalled the 2018 cycle: at that time, Bitcoin first hit a local bottom near $5,854, then rallied to $8,397, only to subsequently crash by nearly 62%, establishing a final low around $3,212.
His conclusion is this: without a clear strategy, investors continue to buy during rallies and sell out of fear—repeating the same mistakes cycle after cycle.
