YOU WILL LOSE ALL YOUR INVESTMENT! Unless You Understand The Psychology of the Crypto Market
Experts predict a new bull run peaking in late 2025- That is 12-18 months from the Halving happened in April 2024. Ready to ride the wave? I hate to state this but many are still going to f><k this up. For real. Let's break down the psychological phases:
📌PHASE 1 - Accumulation During this phase, crypto Whales and OGs will have bought or be buying at discounted rates, new projects emerge, but skepticism lingers.
To be clear, this was more like last year when $BTC was down to $15,000 and there was blood on the streets.
📌PHASE 2 - Momentum Here, as we are currently witnessing, prices climb, excitement builds, HODLers rejoice, FOMO kicks in, and altcoins surge.
📌PHASE 3- Euphoria/Excess Greed takes over, prices soar daily, mainstream attention, bizarre market behavior, scams alert! For the Noobs, whenever the Bitcoin Fear and Greed Index makes a reading of 90, begin to manage your crypto position. Be SMART or you wont see the crash coming.
📌PHASE 4 - Massive Crash/Long Reeeeed candles
Here, you will witness a massive downtrend. Prices crash, panic selling, media negativity, Whales and new investors exit, veterans buy the dip. Noobies are left holding the for another two-three years -- the worst position to be in. DON'T DO THAT!
⏰Tips for Success: Invest wisely and patiently. Dollar-cost average.
Take profits on the way up. Diversify and avoid overexposure. Be cautious of hype and scams. Watch for market sentiment changes. Hedge positions strategically. Keep cash reserves for opportunities. The coming months bring excitement, risks, and rewards. Navigate wisely, and you could be on your way to life-changing wealth in this crypto revolution!
A 24-year-old boy named Erik Finman invested $1,245 in Bitcoin when he was just 12 years old. He made a deal with his parents that if he could make a million dollars by the time he was 18, he wouldn't have to go back to school. Well, his investment paid off big time!
By the time he was 18, his investment was worth over $2 million! He eventually became a millionaire and was even invited to give a TED Talk when he was just 15 years old. Erik's story is an inspiring example of how taking risks and believing in oneself can lead to great success.
What coins should and should not be listed on Binance
I will try to explain: The cryptocurrency world is a free market. The liquidity and trading volume of CEX and CEX, CEX and DEX, and various trading platforms are a total pool. CEX is not a closed market. Even if Binance does not list these projects, these projects still exist. Trading volume and funds will also be diverted to the corners of the entire industry. In addition to the unlocking of VC-invested projects, Meme coins, chain-based local dogs, wool-pulling, and capital plates will all be diverted. After the ETF is approved, the traditional financial market will also divert funds that flow directly to the cryptocurrency world. Let's look at VC again. Some VCs are indeed the core reason for the inflated prices, but VCs generally raise funds from LPs for a 7-year lock-up period of 4+3 years, collecting management fees + dividends; VCs are generally unlocked one year after TGE (not all), so many VCs in the cryptocurrency circle are also going bankrupt, and some VCs' LP investments in the cryptocurrency circle may also return to zero, and project parties that have received large amounts of financing have more possibilities to cross the bubble cycle, but the fundamentals of the currency price and governance model are determined by the project party, and there is no standard answer. Therefore, before investing, everyone needs to do a more in-depth analysis of the project tokens, such as token application scenarios, release cycles, holding ratios, and initial circulation. There is no standard answer. The rise of Defi has brought more liquidity to the industry and increased freedom, which has increased the difficulty for CEX to try to formulate rules, but this is precisely the charm of the free market in the cryptocurrency circle. DYOR
👀🆘️👀People want quick money and while running for quick money, they end up losing what they have! Crypto industry has bad image that it blow your accounts! That's completely wrong!
Trust me, if you will try to understand how the Market sentiments work, narrative thing, fundamental analysis and technical analysis, you will surely be better trader! Keep yourself upto date. Read news, read what tokens has the best fundamentals, of course MEME tokens are useless anyways!
Follow correct traders, just take my example, what I do is, I provide #Bitcoin levels, we take trades based on those levels! we use proper risk management SL Method! There are very less influencers with this mindset in the market! They will hype the tones when everything is green! But while the red market they just vanish
I see that even after lot of efforts on #binancesquare the number of views are reducing. Never mind, I will keep working hard as I am doing since many days!
I see that even after lot of efforts on #binancesquare the number of views are reducing. Never mind, I will keep working hard as I am doing since many days!