When I buy, it falls, when I sell, it rises!
Opening chats and looking through memes, I realized one thing: all krypton are connected by “Bought - down, sold - up”. This meme travels like hot cake and 90% of the guys in the market know it by heart. It's all about emotions, honestly! 😄
Newbies are rushing into the market with pockets of money, excitement and confidence that they will make a ton of money. They hear stories about millionaire friends who bought some crap and took off. As a result, they dump all their money into one or two cryptocurrencies and immediately see how the numbers go into the negative. The mood is going downhill, and they are already climbing to YouTube or Telegram in search of the next “super-mega-crypto-yule”. They buy more and more until their deposit decreases by 10%. This is how real cryptans are born. 😜
Influenced by bloggers' tales of how someone just kept it and became rich, our heroes decide to invest again. Not paying attention to the initial drain, and when the price rises by 10%, they are ready to buy a villa in Dubai near Morgenstern. They take screenshots of their profits, brag to friends, post on Instagram and google prices for planes in the UAE. 🏝️
This time the coin is growing, and it seems that all the stars are lined up in the right order. Our hero, already turned into an "expert", monitors the growth of his coin and the others that give him more interest. Opens YouTube to find out about the next “super-crypto” and invests money in it. And his first coin sags, new ones grow. He decides to sell the first coin and buy something else. And like this every time. 😅
This time his new coin starts to decline and he panics and sells it at the bottom. Even the same blogger-guru who has already forgotten about this coin does not help him. Motivation is zero, the deposit is half of the original one, and the dreams of Dubai have dissolved. Classic scam.😒
Don't waste your time, friends! Study, develop. The crypto market is not a casino, but serious work. But remember, even experts can be deceived. 😉