Let’s be honest: crypto bull runs are like being on a rollercoaster where you’re not sure if you’re going to the moon or straight into the ground. But hey, that’s part of the fun, right? Here’s the typical journey, broken down for those of us who like a little chaos in our investments:
1. The “Nobody Cares” Phase
This is when the market is so quiet, you could hear a pin drop. Whales (a.k.a. rich crypto nerds) start buying up coins while the rest of us are busy watching Netflix. Prices are low, and everyone thinks crypto is dead. Spoiler alert: it’s not.
2. The “Wait, What’s Happening?” Phase
Suddenly, prices start creeping up. A little here, a little there. The pros are quietly slipping in their buy orders, while the rest of us are still wondering if we should spend our spare change on pizza or Dogecoin.
3. The “FOMO Frenzy” Phase
This is when your grandma starts asking if she should buy Bitcoin. The news can’t shut up about it, your neighbor’s dog is probably mining ETH, and everyone is rushing to buy before it’s “too late.” Prices shoot up like a rocket, and you’re convinced you’ll be retiring by next Thursday.
4. The “We’re All Geniuses” Phase
Congratulations, you’re a crypto millionaire—on paper, at least. Social media is flooded with moon memes, Lambos, and people claiming they’ve cracked the code to wealth. It feels like the party will never end. Spoiler alert: it will.
5. The “Smart Money Exits” Phase
While you’re busy planning your trip to Mars, the whales are quietly cashing out. Prices start acting weird—one day up, the next day down. You’re telling yourself it’s just a “healthy correction.” The whales? They’re already on a beach sipping margaritas.
6. The “Oh No” Phase
And just like that, the party’s over. Prices take a nosedive, and the FOMO turns into full-blown panic. People start selling everything, including their grandma’s Bitcoin stash. You’re left staring at your portfolio, wondering where it all went wrong.
Moral of the Story:
Crypto bull runs are wild, unpredictable, and not for the faint of heart. If you’re in it, buckle up and remember: sometimes the best move is to sit back, sip your coffee, and resist the urge to sell everything when the ride gets bumpy. After all, it’s only money... right? 😉 🤪