WHY MANY PEOPLE LOSE MONEY IN
CRYPTO?
Historically, the crypto bull run cycle
repeats every 4 years. We all know it.
Yet many of us still lose money.
So let's find out why.
1. The Anatomy of a Crypto Bullrun
Cycle
Generally, a bull run cycle lasts for
about 4 years. In the entirety of these
4 years, the first 3 years are the bear
market while the last 1 is the bull run.
The previous 2 cycle shows these
exact timing:
📅2014-2018
Bear: 177 Weeks
Bull: 34 Weeks
Total: 211 Weeks (4 years and 2 weeks)
📅2018-2022
Bear: 157 Weeks
Bull: 47 Weeks
Total: 204 Weeks (3 years 11 months)
📅2022-2026
As of today, the ATH hasn't broken and defended. So technically, we are still in the bear market.
2. The Psychology of a Market Cycle
The Bullrun Cycle is a roller coaster of emotions. These emotions represent a phase.
Complacency, Anxiety, Denial, Panic and Capitulation. These emotions can be felt after hitting the new ATH and the price continues to decline rapidly (of course you don't know it yet back then). In the chart, these represent the Red Phase.
Anger, Depression, Disbelief and Hope. These emotions can be felt during the accumulation period. Represented by Yellow Phase.
Optimism, Belief, Thrill and Euphoria. These emotions can be felt after breaking the previous ATH and the price is exponentially increasing. This is the Green Phase.
3. Combine the 2 factors above.
By adding the 'Anatomy of a Bullrun Cycle' and 'Psychology of the Market', you can have the reason why people still lose money in crypto despite knowing the bull run cycle.
🟥The Red Phase
Price just hit new ATH. But you didn't know that the price would start to drop. Complacency. You will think that this is just a pullback. Then you get anxious because the price keeps dropping. Then the next day it was down again. You're still in denial. You don't sell your crypto. Then BOOM! You started to Panic because you are -90%. And then you decided to exit the market. Capitulation.
🟨The Yellow Phase
Price is trading sideways. You're angry because you lost a lot of money. Then you start to get depressed. The market started to recover but you haven't moved on yet. The price started a rally but you won't believe it anymore. Disbelief. Then another huge rally comes in and you suddenly become hopeful.
🟩The Green Phase
The price broke the previous ATH. And you realize that this rally is real. After a while, another rally comes in and that's where you Believe again. Then you enter the market. Price pump. You are so thrilled. Price pump. You feel Euphoric. You think that you are so genius.
Then the cycle starts again, where you didn't sell your crypto at the right time.
So that's why people lose a lot of money in crypto.