This millionaire merchant loses everything because of Fomo on ETH

Context:

Poor decisions will generally be accompanied by great negative consequences and it is even worse when we rest on our emotions to make decisions.

Fomo hurts this ETH investor

FUD and FOMO cocktail often damage investors on the side of investors and it did not miss this crypt of whale. In fact, because the millionaire investor, who trusted Ethereum, gave up panic and made a lot of bad decisions. The sale of the peak and the purchase of a decline will not enter the vocabulary of this investor, who at least has the opposite to ETH.

As Lookonchain watched, the trader followed a high purchase, a lower price drop and a new purchase even higher than the selling price. So it seems that the success has fled the investor in question, who will have to pay attention not to lose this last purchase.

Source: X.

In order to take over in the order that were made, the purchase of 1,805 ETH was first purchased when part of the Ethereum was negotiated for $ 3,559. To get such an amount in ETH, the investor paid $ 6.42 million.

Less and fewer tokens for this holder

Unfortunately, after this first purchase, the investor was afraid of a consequential reduction in prices in the second cryptocurrency using a market ceiling. As a result, he made a difficult decision (and then turned out to be bad) to separate himself from his chips when the room was awarded 56 % lower. With this sale, it has increased only “$ 3.6 million, which is much less than an initial investment of $ 6.42 million.

Ethereum course
ETH/USD – CoinMarketcap.

Finally, this Wednesday, after a day and even a whole week of increase, the trader decided to buy the maximum ETH. Finally, instead of applying a decline a few weeks ago, when the room was negotiated to $ 1,300 – $ 1,400 was a acquisition of $ 1,792.

This time he was able to buy $ 1,734 at the average price of an acquisition of $ 3.11 million. From now on, you will have to know how to be patient for an investor who showed great impatience.

Morality History: Control your emotions and everything will be fine … in your investment.

Notification of irresponsibility

Notice of non -response: In accordance with the TRUST project, Beincrypto undertakes to provide impartial and transparent information. The aim of this article is to provide accurate and relevant information. However, we invite readers to check their own facts and consult a professional before it decides on the basis of this content.

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