I have heard many people saying that this year the rise is going to be massive, taking Bitcoin to $250,000. Although this number seems very realistic, but hey! One thing we need to understand is that; in all the financial markets {stocks, crypto, metals, commodities}, one thing seems to be very common among them, and that is hype, it is a common trick used by professionals to trick you into making unfavorable investments. It is very common and if you have been in the crypto space long enough, you must have been aware of it by now.

Can we be more realistic? The pump may be over, if Bitcoin can’t break the ATH at $106,000, we shouldn’t expect any further higher prices. What’s left now is to maybe see altcoins rally a bit, maybe break all-time highs, and then the season of ours starts again. This is a normal thing, we’ve seen it many times. The 2020-2021 bull market taught me a lesson when I invested $3,000 in a selected crypto asset. My target was about 2x, but guess what? I was really buying at the peak, when the knowledgeable investors were already distributing, but the hype was getting louder, attracting more attention from the uninformed or newbies and eager investors. Falling into the trap; I invested $3000 in a crypto asset portfolio hoping to double it, then it seems like the price went up at some point, just like the volatile nature of crypto assets, I was so careless to perceive the game. By the time I could realize that I was already down, my portfolio was sitting with $2500, "it will bounce back stronger" I kept telling myself. Already, my mind was filled with the crazy hype of the market and making at least 2x was the major goal that was preventing me from perceiving what the market was showing me or presenting me. Before I knew what was happening, my portfolio was totally down and I was left with only $600. That's when I started to think well that I had really fallen for it. I started thinking about what I could have done with my $3,000 because it should have been a better option than investing in crypto, but it all happened after the fall became obvious. It really felt like I was gambling.

Don’t be like me; one of the tips I usually give to traders is that buying any market at the top amidst a strong hype is a fully perceived trap worse than catching a fallen knife. The fact is that I was fully aware of the market rules at the time, I traded the market profitably then, but the actual trend that I fell into a trap for this could be attributed to the power of hype and raiding in the cryptocurrency market. What we would see was a total loss in the hype. I saw all the information represented in bold in the market chart, but I failed to analyze it. Without a doubt, I paid a high price for it, just like the other 98% who are uninformed.

To be in the top 2% of investors, if everything you know about life is the result of lessons learned from your experiences, you probably have scars meant to remind you of it. The top 2% of profitable investors were once just like you, they traded and invested blindly. They made many mistakes and learned from them. What do you think sets them apart?

1] They perceived that the multitude does almost the same thing over time and so they decided to take the other side of the market, thinking differently from the multitude {retail investors, beginners and market curious}.

2} They learned from their mistakes and became masters of their craft. But you retailers keep doing the same thing over and over again without even thinking about why it doesn't work.

3} They keep telling you why you should buy at the top. They encourage you with hype often related to economic changes, new government rules and power shifts. Funny, this data might affect the market, but in the short term. When the market changes, it changes. Whatever happens (even with news) will only affect the market in the short term.

4} They only bought at the bottom of the market, totally discounted, quietly with little or no movement, while you were busy selling to them out of fear and impatience.

5} They project good news after they have accumulated enough to get you back in. So you come back in hopes of 100x your investment, while they are only looking to 10x or even less. They hit their target price and started distribution, suddenly the price dropped to a fair price level and gained support, then gradually increased but could not even break {mitigation block or SMS} the ATH. Even with this signal you were still holding. Now they start announcing good news and telling you speculative expectations for future prices, of course this is what you want to hear because you were already expecting 100x, the news sounded good. They are telling you this because they want to maintain a particular price level to secretly get rid of their holdings. So to do things they need to incentivize retail investors to buy as much as possible {hedging psychology} to help maintain a particular price level while they continue to sell.

Dial in the numbers of my rescue strategy for a call, a path to help; Now consider the five good secret tricks above used by the pros. Think carefully about the 5th and tell me if you found these games in the bitcoin market. Or should I show you the game further in a candlestick chart? So you thought these tricks were designed for your gains, right? The market is completely zero sum. If you play smart, you win, you join the crowd, you lose; because the crowd always loses. So I'm going to show you the complete weaknesses of the market in the midst of this hype about the cryptocurrency bull market.

Can you identify the weaknesses in the market? That's what I'm saying, it might surprise you that people are busy buying at this low price, while informed investors are spreading their assets. The strategy listed above should give you some insight into how these traders/investors operate. Richard Wyckoff called them "the composite man". This is basically how these guys operate the market and if you want to be successful you need to follow in their footsteps and stand out from the crowd.

Conclusion

With all that I have said so far, it should interest you to know that I am not a financial advisor. And nothing in the above article indicates any financial advice. So, if you rely on these strategies, you are strictly at your own risk. No word constitutes investment advice. So you are advised to do your own research, because I could be completely wrong. I hope you trade wisely.

If this makes sense to you, you should leave a thumbs up👍. Thanks for sticking around and see you next time.