I have been off the crypto market for almost 2 and a half months and nothing has changed. Except the market cap of the whole market that is shrinking day by day. I am wondering is this because people start realising that cryptocurrencies are the Trojan horse for CBDCs?? Or the war and inflation has been the reason for a market crash.? Are you guys still claim that we are in a bull market sentiment?? Hahahaha
Nowadays I tend to believe that there is such thing as a bull or bear market run…. It is just market run.
The market waves daily from bull to bear time frames. Bull and bear coexist in the same day.
So from now on I will dismiss those who claim that we are either in this or that phase.
The market is designed for extreme 24 hour fluctuations and the description of a bear or bull market run is invented for creating and influencing sentiment of FOMO.
The market is bearish and bullish everyday. These stupid analyses that we are in that phase or the other are just BS. We are always in both phases daily
Don’t be fooled by the temporary pump. It is institutional whales attempt to fool you and create FOMO to us all. Especially to those that acted quickly last Friday and sold on profit.
August will be the worst month of this so called after halving bull run. It doesn’t seem to be a bull run to me but anyway.
The next downturn is around the corner with deeper dives than the one we just saw. Start manipulating the whales all together. They create that false momentum and sentiment of bullishness in order to drag back in and steel you what you have earned or all your capital.
Be sceptical and cautious. All the elements that contributed to this deep dive are still here. The Japanese stock market collapse and increased rates, the geopolitical tensions in Middle East have not gone away, it is just brewing to explode, it is just starting, the unemployment is rising still, inflation is ATH. Because of a green day in the crypto market the world has not got rid of its problems. They are still there.
I wouldn’t touch anything right now. Let the whales do the game between them stay out of it. They do that in order not to collapse the market completely. Let them eat each other without you being on the dinner table as a delicacy.
That is my personal opinion and not a financial advice despite always being accurate in predicting the market waves.
When on Friday I was telling about this histrionic dump, Most of you were calling me coward that I was selling off everything. When I said that the barrel is bottomless, almost all accused me of spreading Fake News and FUD.
When I said sell-off everything and watch. All of you were saying I should hold my bags intact and wait the market will come back.
Today I am on a winning side. The money I got from the sell-off, can buy me 15% more coins than the ones I sold, despite the minor losses and the fees spent.
Binance was allowing me to sell the coins I wanted when placing 100% sell of. Instead of putting the order to my bank the app was redirected me to do a p2p sell order. That is very bad for the Binance I will take it to social media cause I video recorded all the process
However I am not buying anything now. The reason is that I am expecting the market to go down even further and reach the bottom point. If there is any cause as it seems the barrel is bottomless.
Would you buy know?? Please let me know down in the comments your thoughts. Only serious and genuine responses please. Influencers are not accepted to comment cause they hate truth and try to manipulate investors for their own benefit. So please keep away.
No doubt we are experiencing the preparation for the big eminent war in Middle East.
I am surprised to see that most “analysts” from Lidl are not mentioning what happened yesterday in IRAN , Israel and Lebanon. Of course this what affected the market sentiment and made every whale to run for liquidation. The stock market had the same drop. It seems that all political analysts are right. We are heading towards the climax of a semi world war by September.
The whole region will be affected and dragged into war. Syria is still at war that none is talking about it anymore. Israel, Palestine, Turkey, Iran, Lebanon, Turkey, possibly Greece, Cyprus and Egypt are going to get involved as well.
The big players all dumping their assets either stocks or crypto, all governments do the same at the same time. It started with Germany a few weeks back, UK, USA this week.
How none mentions that we heading to a complete market collapse? The market is not bearish or bear it is absolutely and undoubtedly collapsing for total liquidation is unavoidable.
I must be really stupid staying in that market. Investing time and effort into this scam is way beyond my perception…
why we do this to ourselves?
By the way I have not lost a penny. But I have not earned either. I just manage for months to preserve my well earned money. If all this time was put into real work I would have made millions.