It wasn’t choosing the wrong coin. It was rushing.
Every time I felt like “everyone is already in”, I stopped thinking clearly. I didn’t enter because I understood the situation — I entered because I didn’t want to be late.
FOMO feels logical in the moment. You tell yourself you’re just being decisive. But most of the time, it’s just pressure wearing a confident mask.
What I learned later is simple: good opportunities don’t disappear in minutes. Only noise does.
The market always gives more than one entry. But impatience convinces you this one is the last.
Patience in crypto isn’t about waiting forever. It’s about waiting until you understand why you’re acting — not reacting.
Once I stopped rushing, my decisions became quieter. And somehow, more accurate.
If you’re new, remember: missing a move is cheaper than forcing one.
The Centralization Trap: Using the Equihash algorithm, ZEC has historically seen leading mining pools control a significant portion of the total network hashrate. When hashrate is concentrated in a few hands, it creates a "Computing Power Monopoly." This allows large-scale miners and whales to potentially:
Influence Transaction Efficiency: Controlling the pace of block generation. Impact Price Action: Strategically timing the sale of hoarded coins during periods of high retail hype.
A Pattern to Watch: We often see a cycle where price surges (driven by "privacy coin" hype) attract retail interest. If hashrate is too centralized, these peaks can be met with sudden, large-scale sell orders. This volatility can lead to "liquidations chains," where leveraged positions are forced to close, accelerating a price drop.
Key Takeaway for Investors: The risk here isn't necessarily a flaw in the code, but the power imbalance caused by centralized mining. When you research a project, don't just look at the tech—look at the Hashrate Distribution. Disclaimer: This is an educational analysis and personal opinion. Not financial advice. Always DYOR. #sniper007
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