馃煝馃洃STOP INVESTING & UNDERSTAND the Psychology of the crypto market!!!
If you're new in the crypto space, this is for you.
馃洃馃洃馃憠Visit my pin 馃搶 post and open pin 馃搶 profile
馃煝馃煝Next Bitcoin halving is just some days away!
Experts predict a new bull run peaking in late 2025 - That is 12-18 months from the Halving this year.
馃煝馃憠I hate to state this but many are still going to MESS this up.
馃煝馃憠Let's break down the psychological phases:
馃煝馃憠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.
馃煝馃憠To be clear, this was more like last year when聽$BTC聽was down to $15,000 and there was blood on the streets.
馃洃馃洃PHASE 2 - Momentum
Here, as we have witnessed and still witnessing, prices climb, and correct and climb, excitement builds, HODLers rejoice, FOMO kicks in, and altcoins surge.
馃洃馃憠PHASE 3 - Euphoria/Excess
Greed takes over, prices soar daily, mainstream attention, bizarre market behavior, scams alert!
馃洃馃煝 For the Noobs, when ever the Bitcoin Fear and Greed Index makes a reading of 90, begin to manage your crypto position.
馃洃馃洃 Be SMART or you wont see the crash coming.
馃洃馃煝PHASE 4 - Massive Crash/Long Reeeeed candles
馃憠馃煝Here, you will witness a massive downtrend.
馃洃馃煝 Prices crash, panic selling, media negativity, Whales and new investors exit, veterans buy the dip.
馃洃馃煝Newbies are left holding the dumped coins for another two-three years -- the worst position to be in.
DON'T DO THAT!
