The market doesn't always make sense, especially during a bull run. Suddenly, bizarre trends take over, and what seems like common sense goes out the window. Let's dive into some examples.
Remember the last bull market? NFTs were the talk of the town. Digital images, like those cartoon monkeys, were selling for millions, despite having no real-world value. And then there were the "shitcoins"—cryptos with no real substance—soaring by 100x in days.
Fast forward to now, and we’re seeing a repeat. Memecoins with zero value are attracting huge investments. People are betting their entire portfolios on these speculative assets, only to face massive losses. I’ve been flooded with messages from those who regret following influencers hyping these trends, realizing too late that it was a path to financial disaster.
This is the irrationality I'm talking about: illogical choices, reckless investments. But here's the silver lining—corrections in the market act as a wake-up call. They teach us the hard lesson that protecting your capital is more important than blindly chasing profits.
So, I urge you to be cautious. The goal isn't just to make money; it's to keep what you've earned safe.
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