To everyone here who is making losses while trading. This image is very important information! I firmly believe that innovation/features of a coin only do one part to the price, whereas the other part is being delivered by those who control the market. And they often know the psychology of inexperienced traders (often referred to as "weak hands") pretty well.
Prices are being driven up and kept down, just to make you feel exactly what is being described on the picture.
When price goes down (of whatever crypto investment you have) and it's not due to some really bad news which can be directly connected to the decline in price (like, developer ran away with a pot of gold, leaving the users behind with an overpriced bunch of nothing), it's often that there's either something more profitable to trade right now (thus, people switching coins for a short time and coming back later) or the price is kept down to make people sell low, believing their asset has become worthless.
Don't fall prey to this scheme, crypto is not play money (especially to those who don't have much and/or are susceptible to being manipulated into buying high and selling low). Don't throw your hard earned money out of the window!
Best regards and happy trading,
allyourbase.
