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馃摗馃摗
Let's analyze the psychological phases 鈿栵笍
#PHASE1 馃殌- Accumulation 馃捀馃挵
During this phase, Whales and OG cryptocurrencies will have bought or will be buying at discounted prices, new projects will emerge, but skepticism remains. To be clear, this was more like last year when $BTC dropped to $15,000 and there was blood in the streets.
#PHASE2 - Impulse 馃搱
Here, as we are currently witnessing, prices rise, enthusiasm rises, HODLers rejoice, FOMO kicks in and altcoins rise.馃拵馃挵
#PHASE3 馃獧- Euphoria/Excess 馃殌
Greed takes over, prices skyrocket daily, widespread attention, strange market behavior, scam alert! For newbies, when the Bitcoin Fear and Greed Index reaches a reading of 90, start managing your crypto position. Be SMART or you won't see the collapse coming.
#PHASE4 - Massive Crash/Long Candles 馃挕猡碉笍
Here, you will witness a massive downtrend. Prices drop, panic selling, negativity in the media, whales and new investors exit, veterans buy the dip. Newbies are left holding the 馃挵 for another two or three years: the worst position to be in.
DON'T DO THAT鈿栵笍馃挾 #spicologia #MercadoCripto #fomo #cuidatusahorros #buennegocio
Let's analyze the psychological phases 鈿栵笍
#PHASE1 馃殌- Accumulation 馃捀馃挵
During this phase, Whales and OG cryptocurrencies will have bought or will be buying at discounted prices, new projects will emerge, but skepticism remains. To be clear, this was more like last year when $BTC dropped to $15,000 and there was blood in the streets.
#PHASE2 - Impulse 馃搱
Here, as we are currently witnessing, prices rise, enthusiasm rises, HODLers rejoice, FOMO kicks in and altcoins rise.馃拵馃挵
#PHASE3 馃獧- Euphoria/Excess 馃殌
Greed takes over, prices skyrocket daily, widespread attention, strange market behavior, scam alert! For newbies, when the Bitcoin Fear and Greed Index reaches a reading of 90, start managing your crypto position. Be SMART or you won't see the collapse coming.
#PHASE4 - Massive Crash/Long Candles 馃挕猡碉笍
Here, you will witness a massive downtrend. Prices drop, panic selling, negativity in the media, whales and new investors exit, veterans buy the dip. Newbies are left holding the 馃挵 for another two or three years: the worst position to be in.
DON'T DO THAT鈿栵笍馃挾 #spicologia #MercadoCripto #fomo #cuidatusahorros #buennegocio