- If the others are also in, you don't look stupid if you lose.
This is a very big point most people don't realise. People aren't just scared of losing, they are scared of looking like losers.
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- If the others are also in, you don't look stupid if you lose.
This is a very big point most people don't realise. People aren't just scared of losing, they are scared of looking like losers.
Do you remember when Steem dropped under $1? How many people bought Steem at $0.75 - S0.9 as compared to $4 or even $8, looked like a good investment, a golden opportunity. I remember the posts saying I bought x Steem and powered up, one after another. They were not so quick to admit how much they have lost though. There were a few honest posts, but not many. That was similar.
The first I bought was around 1.80 on the way up - and I held all the way down - My account was 1/8th the size it is now and was worth 4 times as much :)
😁 oooops