💬Cooker: Don't let the fear of "missing the early price" hinder your entry.
Trader Cooker stated that many investors develop an anchoring mentality when facing tokens like $HYPE, $CARDS, and $PUMP, thinking "I’ve seen it at a lower price before," which leads them to feel that it’s still "not worth buying" as prices continue to break through. In reality, if a project is still undervalued despite being supported by fundamentals like #TVL, revenue, and buybacks, it still has room to rise.
He emphasized that one should not give up on positioning just because the entry timing is not early; otherwise, they might miss out on the true value market.
Wanna level up your trading? Get rid of recency bias and the barrier of entering a coin just cuz you saw it at an earlier price
You saw $HYPE at TGE, you faded $4 so when it hit $20 $30 $40 $50 you felt like it's not a good buy cuz "how much more can it go up?"
You saw $CARDS presale dip to 40m, you faded 50m 100m 200m 300m 400m 500m 600m 700m you felt like it's not a good buy cuz "how much more can it go up?"
You saw $PUMP at TGE, you faded 4b and the dip to 2.5b, you watched it recover and break 5b 6b 7b 8b you felt like it's not a good buy cuz "how much more can it go up?"
You need to understand when a coin is just purely undervalued from a potential numbers/business perspective. If you don't have other reasons to fade such coins they are almost the easiest to play as all the TVL/Revenue/Buybacks are there in front of you.
Don't fade coins simply cuz you seen it way earlier and now you feel like you've missed your entry.
If something is undervalued that means it has upside, period.
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