I have to admit that I f$#ing love how people are so hyped due FOMO when Bitcoin makes some green candles. It's like watching on some random dudes walking in an escape room, blindfolded. :))

95% of these people are waiting for a miracle to land on Earth and makes Bitcoin $13000000, like Michael Saylor said, now also BlackRock joined this hype manipulation.Most of these people goes all-in in longs and buy after the price was already pumped in then they just hope for a miracle.

They are like: "- But Michael Saylor said so, also Donald Trump bought burgers with crypto, so it has to go to the Moon!!" - Yeah... right! LOL

100% of these guys don't know yet, because some of low IQ (sorry but that's a sadly truth), or they are so desperate trying to getting rich overnight, or actually have zero knowledge about trading but have some spare money to invest and blindly follows some influencers who have brainwashed them promising 1000x gains. - Yeah, good luck with that!

On the other way, 5% of the remaining people, see the actual situation everytime when market goes like this. Also the people is making tons of money everytime when the above guys are being hyped - How? Well it's not the first time and it will not be the last time when that happens.

And this pattern is nothing new. We saw a similar scenario back in 2007 when the market was in a bubble and the Federal Reserve cut rates by 50 basis points. Initially, the markets rallied on the news, giving investors a false sense of security. But within 20-21 days, reality set in, and the market experienced a severe crash that marked the beginning of the Great Recession.

Fast forward to September 18, 2024, and history seems to be repeating itself. The Fed has once again cut rates by 50 basis points, and the market has responded with an immediate surge. Yet, those who remember or have studied past market behavior know this initial euphoria can be a trap.

So, how can I not be amused when I see 95% of people repeating the same mistakes over and over again and only 5% making more and more money? :))