On YouTube, the rhetoric about a decline is already starting, not yet on a massive scale, but such sentiments occasionally slip through.
Especially the negativity lover crypto guru, Pavel Pshava. Where he comfortably wanks off the same chart in each of his videos. So today I opened his latest video, where he answers questions. I fast-forwarded a bit, and I hear in response to the question about when to lock in profits and leave the market, he says that if you get 80-100% on a position, you should sell. 🤦
After which he says that funds and investors lock in their profits in a bear market. In short, funds sell assets when the market approaches the bottom. I generally closed his market review, laughed, and went to read a book.
Let me remind you how funds sell their assets: first, there is a market pump, a small amount of liquidity is injected into the asset that will be pumped. It is prepared in advance for this. How? It's simple, they took a huge share of coins off the market, and the remaining ones are pushed up, hence the astronomical capitalization. After that, when the price reaches that which interests the market maker. At that moment, the market maker begins to satisfy artificial demand by selling the asset in small portions.
As a rule, the asset that is bought by retail investors is withdrawn to wallets, but usually stored on exchanges. And again, there is a shortage of the asset in the market. The fund or market maker throws out a significant amount again to support activity, interest, and price. Consequently, when there is high liquidity, the asset spontaneously rises in price. Then it is sold during the decline. And so it goes in a circle. Until all assets are offloaded.
Pumps of the asset in a bear market and a bull market are two different pumps. In a bear market, it's just funds and whales buying and accumulating. And in a bull market - they sell. That's why pumps in a bear market are short-term and quick. And in a bull market, they are prolonged over time.
The channel in the profile header, come to us, we will discuss the market together 😈