The Journey of Investment in the Cryptocurrency World: Eight Stages to Understand the True Essence of Investment
1. Enthusiastic Entry
Everyone is full of confidence, encouraging each other and painting a beautiful blueprint. Active daily on social platforms, fully promoting projects with great enthusiasm.
2. Hesitation in Sideways Market
Prices stagnate, confidence is shaken. Yet, they continue to promote on social platforms, hoping for a market turnaround.
3. Buying the Dip
Cryptocurrency prices decline, investors are convinced that it's time to buy the dip, and they increase their positions, trying to seize low-price opportunities.
4. Continued Decline
Prices keep falling, and the funds invested for buying the dip are trapped. Communication among investors decreases, and promotional enthusiasm gradually fades.
5. Negative Outburst
The group begins to fill with accusations and insults towards the project, and trust is completely shattered.
6. No One Cares
Most people have exited the market, and the group is silent. Everyone is disheartened about the project and no longer pays attention.
7. Dwindling at Low Levels
The market hovers at low levels, wearing down the remaining retail investors' confidence. The market is eerily quiet, with very few transactions.
8. Recovery and Surge
The market gradually warms up, and the manipulators start testing the waters. They repeatedly raise and lower prices to gauge retail investors' reactions. Once retail investors are too afraid to chase the price, they significantly raise it, initiating a new market trend. Only a few rational investors can seize the opportunity, while most can only lament from the sidelines.
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