Poor knowledge keeps the heart and mind in simple illusions. In the new year, I want to reset and share again to start a new round, so the market is bustling. Everything is in overbought territory, and only small retail traders are active.
XuanTruong
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Tell my brothers not to curse, if this year the MM plays the "Sheep Shearing" card, then both fo and f will end up on an island. Anyone who has been in the game for a long time and has experienced the market hitting rock bottom will understand how miraculous this tactic is!
In short, the market declines and then rises (with the rise being lower than the average decline of 3 - 5%), for example, when it drops by 25% and then immediately rebounds by 20%, making us mistakenly think that the market is correcting and rising again, therefore traders and holders rush in, DCA. Then it continues to drop and rise again... repeating this cycle will erode the accounts of many. At this point, wanting to cut losses or exit is difficult, and DCA seems even further from shore. Therefore, although after the decline, Altcoins quickly turn back to green, even by 15% - 20%, it makes everyone anxious, fearing to miss the uptrend season, fearing to miss the chance to return to shore or the opportunity to change their lives, to become rich, and then to chase the peak and chase the peak...
Of course, I'm not sure, and I also think if the MM plays that way, then everyone should stop playing crypto altogether. First, after three years without an uptrend, no one has even gotten close to shore, and if they push everyone further away from shore, no one will want to play anymore. Second, BTC has already pushed above 100K (a highly significant six-figure milestone), it won't just retract to small amounts, it still needs to fomo to catch the big fish and tuna. But this year, I think the play will be different; it's not easy for the MM to let all tokens fly high. You all know that recently, the number of cryptocurrency projects listed on exchanges is too many; it is not feasible to pump them all!
Happy early week, and if anyone wants to curse, please go somewhere else 😄😄😄. Love you all! Xuan Truong! #XuanTruong $AI $MANTA $SCR #Write2Win
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