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No one who buys coins at rock bottom will get rich. MM and the house will have countless ways to throw you off the boat.
🤔Do you remember the story of the farmer selling cows? Farmer A bought a cow for $2, then sold it for $5. Then the price of the cow increased to $7, he bought it back and waited for it to increase to $10 to sell. How much profit did he make in the end?
>>> The answer is that the farmer didn't make any profit at all, and even lost money. Because when the price of cows increased to $15, he felt sorry for selling early, so he asked his wife for money to buy cows, and finally he was at the peak of his life when the cows dropped to $1. 😅😅😅
👉The same situation happens to those who invest in coins. Even if you buy at the bottom price, when the coin increases rapidly, if you don't sell, you are afraid of hitting the top, and if you sell, you are afraid of selling too early.
The above is just one of the ways MM leads you into the maze of buying at the top and selling at the bottom. Then I will share with you other simple but deadly traps.
💥Regarding the current market situation, I think we are in phase 3 of the 4-phase price driving cycle of MM this season, including:
PHASE 1: Pump the price up quickly and strongly (from 16k - 70k$), then pump positive news (especially BTC ETF) so that everyone buys Bitcoin.
PHASE 2: Launch a lot of new altcoins, hot technology coins, then pump the price slightly so that everyone sells BTC and jumps to buy technology altcoins. Finally, BTC goes sideways and decreases in price, altcoins split 5-7 times, making everyone chase the top.
PHASE 3: Launch a series of memecoin issuance platforms, pump shitcoins and ancient coins simultaneously, the purpose is to get everyone to sell all the technology coins that are at the top and rush into the lottery. (Have you noticed that the market has been going like this in the past few days?)
PHASE 4: This is the final and most important phase => ALTCOIN SEASON.
Once enough altcoins have been collected, MM will trigger a huge pumping phase for altcoins, which we often call Altcoin Season. Of course, at this time, holding genuine altcoins will make the most profit, but unfortunately, who still has a company? Sell everything to buy memes and shitcoins, right? Or else, your entire account will be burned because of margin futures.
👉👉As a result, people borrow money from outside to buy altcoins (which have been pumped xxx at this time), and ride the wave of the peak like the farmer above.
In short, PHASE 3 is still an opportunity, try to take advantage of it! 😎😎😎
