A visualization of how the average investor is doing during rallys and dips.
Situation 1: FOMO is the strongest right at or near the market top. Don't buy.
Situation 2: FEAR/PANIC is the strongest right at or near the bottom. Don't sell.
As the saying goes, be greedy when others are fearful and be fearful when others are greedy.
Never let your emotions dictate your investing strategy.