Think you're smarter than the market? Think twice! The reality is, both you and I are small players compared to the giants who truly influence the crypto market. Here’s a reality check: the market isn’t just a tug-of-war between buyers and sellers. Institutional investors control about half of the crypto market's total value. 🌐 These big players, along with their advanced algorithms, are making moves well before they happen, gathering liquidity over time.
Look back at history: Bitcoin's price surged after periods of accumulation, like during the bull runs in 2015 and 2018. 📈 But here's where most go wrong—studying price action and market sentiment is important, but thinking you’ve got it all figured out can be a costly mistake.
Confidence is crucial, but overconfidence can lead to expensive errors. Remember, predicting what Larry Fink or any major investor is thinking is nearly impossible. 📉 Stay humble and acknowledge that the market is always unpredictable.
Market sentiment swings from FOMO to FUD, and while price action can help guide you, it’s never 100% accurate. Sometimes you’ll be right, sometimes you won’t. Keep learning, stay vigilant, and don’t try to outsmart the market—focus on understanding it and adapting