What's happening in the Banana area 😮?!
This is the stage where prices will rise insanely and almost the entire market will be reshaped and priced. 🚀
At this time you will see the currencies go from logic to illogical.
You will see currencies that have no project or basis, rising 30-50-100 times 😳
Every two days you will see three new projects and currencies in the market.
You will find the trend changing from one sector to another in a fast and frightening way every now and then, and it will be very difficult, if not impossible, for you to follow everything that is happening in the market.
At this time, you will see everyone talking about cryptocurrencies, from taxi drivers to grocery store owners to building guards.
You will feel insane feelings of fear and greed, and feelings of fear of missing out on any currency, and you want to sell currencies to catch up with the rise of currencies, and you hear that so-and-so made 80-100 times more profit, and you want to catch up with currency X, currency Y, and currency W, and you enter into a continuous psychological struggle...
And 99% of people discover that this stage is over and they did not make any profit or they ended up losing. 🤕
Now you have an idea of what you expect to see at this stage, and this will give you an advantage, which is that you will be psychologically prepared and you will avoid the brain shock that will happen to 99% of people.
These are the 3 prohibitions in this stage ⛔️
1. Do not run after any currency and every currency you see rising. You must understand that every currency will have its turn, and if your currency has not risen yet, be patient and its turn will come.
Most people here sell coins that they have yet to see in order to catch a coin that has already seen its turn and is starting to go down. They get attached to it and then after a day or two they find that the coin they sold has seen its turn and explodes. The worst thing you can do at this stage is to constantly trade from one coin to another in order to catch up.
2. Do not challenge the market and act like a master. You will see that your currencies have risen 80% - 100%. You will feel that you have finished the analysis and that the market is going your way. Here, you will start to go wrong and lose your profits.
"Don't time the market and don't try to beat the market."
Technical, technical, time and psychological analysis and all indicators are tools that help us predict what will happen only.
Analysis is a game of probabilities, not a game of inevitabilities. 🤔
3. Beware of leverage or taking a loan against mortgaging your currencies. In this way, you will expose your excellent currencies to risk while entering currencies that you thought would rise better than your current currencies. At this stage, your role is to reduce the risks instead of increasing them for yourself.
I will tell you what to do at this stage on our community channel on Telegram
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(CryptoG33 Community Channel)
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