$BTC
STOP INVESTING & UNDERSTAND the Psychology of the crypto market!!!
If you're new in the crypto space, this is for you.
Next Bitcoin halving is just some days away!
Experts predict a new bull run peaking in late 2025 - That is 12-18 months from the Halving this year.
I hate to state this but many are still going to MESS this up.
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 have witnessed and still witnessing, prices climb, and correct and 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, when ever 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. Newbies are left holding the dumped coins for another two-three years -- the worst position to be in.
DON'T DO THAT!
#ETH #Bullmarket #BullRunJourney #BitcoinHalvingAlerts