🔥🔥🔥WARNING PSYCHOLOGY OF THE CRYPTOS MARKETS.         NOT TO BE FORGOTTEN 🔥🔥🔥

1-Reluctance

When the market cycle picks up and starts again, many people are initially reluctant and disbelieving. For many potential investors, this emotional state is due to the fact that after a downturn in the cryptocurrency market, people are usually afraid of taking risks again, making mistakes and missing out on profits.

2-Hope, optimism, belief

There comes a time when, after much deliberation, resistance dissipates and many investors return to the market. This is also facilitated by a prolonged period of positive market dynamics and hype. In the psychology of a market cycle, traders experience hope, optimism, and belief during this period.

3-Thrill and euphoria

Having already entered the market and taken an active part in it, the next thing traders experience is thrill. Investors experience the joy of profits and money, market sentiment becomes optimistic, and people start talking openly about buying. After such experiences, the next step in market cycle crypto psychology is euphoria. Prices peak in bull markets and many people begin to believe in their strength and predict financial success in the near future.

4-Complacency, anxiety, denial

As we know, nothing lasts forever and neither do high market prices. This is why when cryptocurrency prices start to fall after a peak, investors feel a sense of complacency. They do not believe until the last minute that the recent high prices at the peak were the peak and try to convince themselves that the sharp decline is only a small setback before reaching new records.

5-Surrender, anger, depression

With the onset of a crisis, capitulation occurs and many sell stocks because they fear further losses. At this stage, it is important to manage your emotions to accept your losses and trading costs. Otherwise, you might feel anger at yourself and the market in general. And in the worst case scenario, you find yourself depressed because of the losses and the fact that you didn't exit the market at the right time.