People celebrating a 5-10% pump despite being down like 40%, this is the same irrational behavior I see from gamblers in casinos

The sub turns suddenly bullish, traffic increases, people FOMO in, these are just some of the symptoms whenever the market of Cryptocurrencies start pumping.
People celebrate it like they made huge profits, despite the fact that they are still down with their investment.

I’ve seen this exact same behavior from gamblers in casinos and it’s quite concerning.
Just because the market started moving up doesn’t mean It won’t move two steps back.
Stay cautious because Crypto investing can turn into gambling pretty fast.