When BTC reaches $60,000, some think they can buy at $30,000, but when it actually drops to $30,000: One group thinks it will continue to fall and won't buy. Another group thinks it's about right and buys, only to get trapped. However, the challenge with the first group is that even when it drops to $16,000, they still won't buy. If it rises back to $20,000 or $30,000, they'll be even less likely to buy, and may end up buying at $40,000. The latter group buys and gets trapped, and once trapped, wants to cut their losses. The only winners are those who remain trapped but don't sell, and can even continue buying, always maintaining this approach.