I don’t do usually post about cryptocurrency etc but seeing the panic and the silliness of some people make me want to do a publication.
How can people say things to sell in bad market like this even thought it means selling with loss ? Why do you invest in crypto if you scare of moment like that.
Of course a lot of people will lose money, maybe we will take on invest like #doge $DOGE or $PEPE -50% but I mean it’s the game after all ?
How can people also say BTC will go back at 40k or doge to 0,1. Not even the expert knows their things, it’s not Kevin or Jason from nowhere and unknown who will give their point.
In the end I think people just need to calm down,I’m not an expert of graphics neither on the final price of the crypto with this crash, but one thing is sure : panicking is the last thing to do
If I can give advice, even though I’m not an expert I would say 3 things :
Don’t sell with loss even if it can goes -50%. If you have some money left, wait to a big decrease and invest back in crypto like $XRP , Doge or Pepe. Dont watch how much money you have every hours, it can only make you overthink and stress.
One last thing to say, I hope we will all make big profits soon with alts season !
What is “Market Pullback” or “Market Correction”? Let me explain in the simplest way.
Imagine you’re selling potatoes 🥔 in your town. Every day, the price is normal, and business runs smoothly.
One day, someone starts spreading a big rumor: “There’s going to be a French Fries Festival 🍟 where people can win prizes for making the best fries!”
Hearing this, everyone rushes to buy potatoes. Prices go up because there’s more demand and fewer potatoes available.
Market Correction
Some greedy businessmen buy most of the potatoes, creating an artificial shortage to sell them at much higher prices. Let’s call them the Potato Syndicate. Prices increase by 60%.
But soon, the government investigates and announces there are enough potatoes for everyone. People calm down, and prices drop by 10%. This is called a market correction—prices adjusting after an overreaction.
Market Pullback
Now, sellers from nearby towns hear about the high prices and bring in more potatoes to sell. With more potatoes in the market, prices drop again, this time by 25%. This is a market pullback—a temporary drop because of new competition or supply.
Market Crash
Suddenly, the government decides to import tons of cheap potatoes from China. People panic and stop buying the expensive potatoes. The price drops by 50%. This is a market crash—a sudden, big drop caused by unexpected bad news.
Market Scam
Finally, someone discovers the truth: There’s no French Fries Festival. It was all a lie by the Potato Syndicate to raise prices and make money. When the news spreads, prices collapse to almost nothing. This is a market scam—when the market is manipulated and people lose trust.
Now, look at the current market situation. Is it just a correction, a pullback, or a crash? Or could there be something bigger, like a scam?
Today, I lost around $6,500 USD from my futures wallet.
It’s definitely painful, but instead of dwelling on the loss, I’m reflecting on what I can learn from it. Losing this amount is like paying for an expensive course—except this time, the lesson came through experience.
Here are my key takeaways:
1. Never Be Too Greedy. It sounds obvious, right? I thought I understood it before, but now I feel it. Greed blinds rational thinking and often leads to bad decisions.
2. Money Is Not Everything. We all know this in theory, but experiencing a significant financial loss puts things into perspective. Money can be earned back, but time, health, and relationships are far more valuable.
3. Stick to Bitcoin. If I had only invested in Bitcoin and avoided chasing altcoins or speculative futures trades, I’d have three times more money today. Consistency beats risky experiments.
4. No One Can Predict the Future. Thinking I could outsmart the market was foolish. Markets are unpredictable, and even the best traders rely on probabilities, not certainties.
5. Focus on Building a Business, Not Watching Charts. The time I spent glued to screens was just like binge-watching Netflix or scrolling Instagram—unproductive and costly. The best investment I can make is in my business, where I have control and can create real value.
Final Thought: Let money work for you, not the other way around. This experience was expensive, but the lessons I’ve gained are priceless. Here’s to smarter decisions moving forward! 💪
Dogecoin remains in a downtrend, but the bulls are trying to form a higher low at $0.09.
If buyers propel the price above the 20-day EMA ($0.10), the #DOGE/USDT pair could rally to the downtrend line. This is a formidable hurdle for the bulls to cross, but if they prevail, the pair may start a move to $0.14.
Instead, if the price turns down sharply from the 20-day EMA and breaks below $0.09, it will suggest that the bears remain in charge. The pair may then plummet to $0.08 and later to the support line of the falling wedge pattern.