🛑 Cease investment and grasp the psychology of the crypto market!!!
👂 If you're new to crypto, pay attention.
🔄 The upcoming Bitcoin halving is just days away!
📈 Analysts predict a potential surge in prices by late 2025 - approximately 12-18 months post this year's halving.
🤦♂️ Regrettably, many will make errors.
🗣️ Let's elucidate the various stages:
🕵️♂️ Phase 1 - Gathering
💰 Big crypto investors purchase at low rates, new projects emerge, albeit with lingering skepticism. Last year mirrored this when Bitcoin plummeted to $15,000 amidst pessimism.
🤩 Phase 2 - Excitement
💹 Prices soar, dip slightly, then surge again. Enthusiasm abounds, holders rejoice, FOMO sets in, and alternative cryptocurrencies surge.
😱 Phase 3 - Too Excited
💸 Greed dominates, prices skyrocket daily, everyone's buzzing, yet scams proliferate. For novices, if the Bitcoin Fear and Greed Index hits 90, rethink your investments. Be prudent lest you miss the downturn.
💥 Phase 4 - Big Crash
📉 Prices plummet, panic ensues, media portrays doom, large and novice investors exit, while seasoned ones buy low. Newcomers are stuck with undesirable coins for years - an unfavorable position.
🚫 Don't allow that fate to befall you!
#BinanceLaunchpool #Memecoins #BullorBear #bitcoinhalving #bitcoinhalving
