YOU WILL LOSE ALL YOUR INVESTMENT! Unless You Understand The Psychology of the Crypto Market
Experts predict a new bull run peaking in late 2025- That is 12-18 months from the Halving happened in April 2024. Ready to ride the wave? I hate to state this but many are still going to f><k this up. For real. Let's break down the psychological phases:
📌PHASE 1 - Accumulation During this phase, crypto Whales and OGs will have bought or be buying at discounted rates, new projects emerge, but skepticism lingers.
To be clear, this was more like last year when $BTC was down to $15,000 and there was blood on the streets.
📌PHASE 2 - Momentum Here, as we are currently witnessing, prices climb, excitement builds, HODLers rejoice, FOMO kicks in, and altcoins surge.
📌PHASE 3- Euphoria/Excess Greed takes over, prices soar daily, mainstream attention, bizarre market behavior, scams alert! For the Noobs, whenever the Bitcoin Fear and Greed Index makes a reading of 90, begin to manage your crypto position. Be SMART or you wont see the crash coming.
📌PHASE 4 - Massive Crash/Long Reeeeed candles
Here, you will witness a massive downtrend. Prices crash, panic selling, media negativity, Whales and new investors exit, veterans buy the dip. Noobies are left holding the for another two-three years -- the worst position to be in. DON'T DO THAT!
⏰Tips for Success: Invest wisely and patiently. Dollar-cost average.
Take profits on the way up. Diversify and avoid overexposure. Be cautious of hype and scams. Watch for market sentiment changes. Hedge positions strategically. Keep cash reserves for opportunities. The coming months bring excitement, risks, and rewards. Navigate wisely, and you could be on your way to life-changing wealth in this crypto revolution!
A 24-year-old boy named Erik Finman invested $1,245 in Bitcoin when he was just 12 years old. He made a deal with his parents that if he could make a million dollars by the time he was 18, he wouldn't have to go back to school. Well, his investment paid off big time!
By the time he was 18, his investment was worth over $2 million! He eventually became a millionaire and was even invited to give a TED Talk when he was just 15 years old. Erik's story is an inspiring example of how taking risks and believing in oneself can lead to great success.
Losing interest in the bear market will lead to losing the opportunity of buying the DIP! What retailers do is, they just quick money, and while running for it, they end up losing it! If you are investing into any shitcoin, consider that your money is gone! If you are born with great luck, then only you will succeed! Rest of the people have to trust the process! Sprint never work in crypto, i trust marathon! even if you earn 5% profit daily, that will double your capital in 20 days! So 20 days of spot trade will throw you in 2x profit!
We saw some positive news about #SOLETF however it turned out to be just the pump and dump event! No doubt it's a positive news, but it will take time for consolidation and breakout
🆘️🆘️Vitalik Buterin proposes faster Ethereum trades with single-slot finality
Ethereum co-founder Vitalik Buterin proposed moving away from Ethereum's epoch-and-slot mechanism to a single-slot finality system, pointing out key potential challenges.
Ethereum co-founder Vitalik Buterin is looking to speed up transactions on the Ethereum network by using tools that would potentially cut layer-1 (L1) confirmations from a few seconds to milliseconds.
Buterin published a blog post on June 30 titled "Epochs and slots all the way down: ways to give Ethereum users faster transaction confirmation times."
In the article, he proposed moving away from Ethereum's current epoch-and-slot mechanism to a single-slot finality system (SSF), pointing out key challenges associated with such implementations.
🆘️🆘️According to Arkham, the German Government transferred a total of 400 BTC to Bitstamp, Coinbase and Kraken at 16:25 UTC+8 today, worth about $25.28 million. Since the previous two weeks, the German Government has transferred a total of more than 2,700 BTC to CEX.🆘️🆘️
🆘️🆘️ Previously these CME gap thing doesn't exist only! But now a days! I have seen in most of the cases that its happening most of the times! So I am pretty sure that we will be visiting 64k soon and then 60 again or vice-versa