The cryptocurrency investor who panics and sells everything in the fund is not a fool.


They are human.
Evolution programmed us to run away from danger. A 60% drop in the portfolio triggers the same neurological reaction as a real physical threat.
Knowing this doesn't make holding on any easier.
But it does mean that the enemy is not the market.
The enemy is always that corner of your brain that was designed for a world where investment portfolios didn't exist.
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