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.
Currently, the BTC weekend trading volume stands at an all-time low of 16% in 2024, marking a 12 percentage point decrease from its peak of 28% in 2019
4. Base Dawgz (DAWGZ) Base Dawgz (DAWGZ) is also creating interest with its skydiving Shiba Inu mascot and multi-chain strategy.
While it’s name is a nod to Coinbase’s layer-2 network, DAWGZ won’t be confined to just one chain.
Instead, DAWGZ will be freely available on Ethereum, Solana, Avalanche, BNB Chain, and more.
The devs make this possible by using two key protocols – Wormhole and Portal Bridge
But that’s not all.
Base Dawgz also has a Share-to-Earn setup where community members can earn DAWGZ tokens for posting memes and going viral.
There’s even a referral program built into the ongoing presale that sees investors earn a 10% commission (paid in USDT) when their friends invest using their code.
And with over $2 million raised ahead of its open market debut, Base Dawgz looks to be on the right track.
5. Turbo (TURBO) The final meme coin we’ll discuss is Turbo (TURBO).
This meme coin was created by GPT-4 on a budget of just $69.
But don’t be fooled by its hilarious origins.
Turbo has grown into an established meme coin, with a market cap north of $320 million.
Although it has no roadmap or goals, Turbo continues to attract attention from retail investors.
If this high-stakes gamble continues to pay off, and market conditions turn favorable, TURBO could be another joke coin worth checking out this summer.
🆘️🆘️Bitcoin price won’t ‘dramatically’ increase from here, says billionaire
🆘️Peter Thiel also believes that Bitcoin’s original vision as a cypherpunk, crypto-anarchist freedom tool hasn’t been fulfilled.
Former PayPal CEO Peter Thiel has expressed doubts about the potential for Bitcoin’s price to increase significantly from its current levels.
The billionaire — who still owns “some” Bitcoin but not as much as he “should have” — isn’t sure where the next batch of buyers will come from now that Bitcoin BTC has had its “ETF edition.”
👀“I’m not sure it’s going to go up that dramatically from here. We got the ETF edition, and I don’t know who else buys it,” Thiel, a founder of the Founders Fund, told CNBC on June 28.👀
“It probably still can go up some but it’s going to be a volatile, bumpy ride
We saw some positive news about #SOLETF however it turned out to be just the pump and dump event! No doubt it's a positive news, but it will take time for consolidation and breakout
The new CME report is out. According to it, institutionals have entered a wait-and-see mode. Neither longs nor shorts have increased over the past week. Institutionals are waiting, and so are we 🍿
The whole crypto industry which includes retailers, influencers and hodlers are so quiet these days! it's been 23 days since we are in downtrend, I know this time is tough, but the one who will survive in this will surely survive in the market!
This Market will try to break you, by showing big red candles! You just need to HODL calmly!
Everything will go up again! THE GOOD THING ABOUT TIME IS, IT CHANGES! ❤️
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 Ready to ride the wave? I hate to state this but many are still going to f>ck 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!