Why are retail traders often at a disadvantage in crypto markets? The pattern is painfully predictable. They chase narratives when assets are already overheated at local peaks, riding waves of FOMO into overbought territory. Then, when market corrections inevitably hit, fear takes over and they panic-sell near the bottom—crystallizing losses at the worst possible moments. It's a vicious cycle driven by emotion rather than strategy, leaving them as perpetual buyers of euphoria and sellers of capitulation.