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Remember this moment when in top100 coins top gainers in 24h almost only stablecoins 😁
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Another genius Arthur Hayes always act with his essay’s like he read the market and always post some intriguing subs but again almost always its pure random. But the problem is millions people think he knew something. Some secret. Some insiders info. Exactly at 72k he recommend open longs btc Sometimes i think if they knew something what we dont they roles is post something in time but they do opposite. For many traders this genius are role model, gurus. But guys trading its the path of a loner. Just learn free info around, use critical thinking and everything will be fine on a distance $BTC
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It doesn’t even occur to anyone why your vaunted experts, like Michael Bury, based on whose history a film was made in Hollywood, adding almost the status of an icon to him. when sp500 was near the bottom, he opened shorts and stupid followers blindly caught liquidations over and over again, and now that Nvidia has reached 3 trillion in capitalization, he does not mention shorts. I wouldn’t be surprised if he opens a long position on $NVDA soon. just always filter all media. you must have your own plan For btc the same story but with other actors $BTC
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So, what exactly does "paper hands" mean? The slang term "paper hands" describes individuals who hastily sell their crypto assets under the influence of random factors like fear or panic. On the flip side, there are crypto-traders with "diamond hands," who steadfastly hold onto their crypto-assets regardless of price fluctuations, committed to the long haul. Essentially, "paper hands" signifies a lack of psychological stability and a tendency to succumb to the slightest market pressure. Why did the term "paper hands" emerge? The concept of "paper hands" is quite fitting for the speculative and unpredictable crypto market. Cryptocurrency is notorious for its extreme price volatility, with asset values undergoing rapid and significant fluctuations. Those unsure of their investment strategy may act on impulse to sell quickly. Interestingly, the term "paper hands" has since evolved beyond its initial meaning. Today, it's often used with a touch of irony to describe individuals who lack endurance and perseverance, extending beyond the realm of trading. Behavioral Model The "paper hands" behavioral model is shaped by several psychological factors. Here are the main ones: Lack of understanding. Novice traders unfamiliar with the crypto market's intricacies may react impulsively to market downturns. Fear of loss. The fear of losing invested capital prompts people to divest assets at the first sign of a market downturn. Herd mentality. Observing others sell their assets can trigger a herd reflex, causing people to follow suit without proper analysis. Lack of patience. Cryptocurrency investments are generally long-term. Those seeking quick profits may lack patience during market fluctuations. As seen, "paper hands" traders struggle to withstand market realities. Understanding the "paper hands" psychotype is crucial for traders and investors. Being aware of the associated behavior specifics can help make balanced decisions based on rational analysis rather than emotional reactions. #crypto #CryptoTradingGuide
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