Stop investing and understand how people think about the crypto market!!!
If you're new to crypto, listen up.
The next Bitcoin halving is only a few days away!
Experts say there might be a big increase in prices around late 2025 - that's 12-18 months after this year's halving.
I hate to say it, but many will mess up.
Let's explain the different phases:
Phase 1 - Gathering
During this time, big crypto investors will buy at low prices, new projects start, but some doubt remains. Last year was a bit like this when Bitcoin was down to $15,000 and things looked bleak.
Phase 2 - Excitement
Now, prices go up, then down a bit, then up again. People get excited, holders are happy, fear of missing out kicks in, and other crypto currencies rise.
Phase 3 - Too Excited
Greed takes over, prices go up crazily every day, everyone's talking about it, but there are also scams. For beginners, if the Bitcoin Fear and Greed Index hits 90, start thinking about your investments. Be smart or you'll miss the downturn.
Phase 4 - Big Crash
This is when prices drop a lot, people panic and sell, the media talks about how bad things are, big investors and newbies leave, while experienced investors buy low. Newcomers are left with coins no one wants for a few years - not a good position to be in.
Don't let that happen to you! #PEPE_KING_OF_ALL_MEME_COINS
