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NEW: Short-term holders have offloaded 642,366
#Bitcoin
( 💵 $36.434B) since mid-August.
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Your 1st crypto bull run? Or 2nd proper one? And you’re serious about changing your life? Then STOP everything, And read this. What I’m about to tell you will make or break you. If you truly grasp what I’m about to say, You’re going to be in the top 10%. Your chances of winning will INCREASE . This is for your own benefit. It’s called the GAMBLER’S FALLACY. Traders believe that after taking 10 losses in a row, The next trade is bound to be a win. Or if you just took a loss, You fear the next trade will be a loss too. And when you win? You think you're on a hot streak, expecting the next one to be a win. That mindset is completely flawed. Here’s the truth. EVERY NEW TRADE HAS NO CONNECTION TO THE LAST ONE. Each trade stands alone. What happened before doesn’t influence what’s about to happen. Took 10 losses in a row? That doesn’t increase your chances of winning next. The market doesn’t care about your past trades. You need to understand probabilities. And how truly random they are. Master this, and you’ll never trade the same again. #BullRun #BitEagleNews
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First, they pump BTC and alts quickly over 5 months to get you excited. They trick you into buying high. Then they dump prices, and the market chops for 7 months to get you to capitulate. They trick you into selling cheap. Take one guess what they do next... #CryptoMarketMoves #BitEagleNews #BullRun
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Make no mistake: The very second that crypto goes up again for 1-2 months in a row EVERYONE will be flocking back in again. Doesn't matter if they've been hurt in the past, doesn't matter if they lost or won. Every time the markets go up for a while it draws in HUMAN GREED. "Damn I lost last time but maybe I'll succeed this time?" "Hmm, I told myself I would stay out of it but what else do I have to do in life or what do I have to lose?" "I heard the crypto markets van be tough! But why do I also hear success stories our there of some making it!? Gotta try it! Again, even those that lost money in the past will be back. If they put in the work, they actually do have a chance to make money this time. If not, they might lose again for the second time. But they will ALWAYS be back. The majority do because it's in our very human nature to do so. It's a brutal industry with tons of scams and rugs if you don't know how to navigate this market yes. But it's also an industry with the single very best opportunity to make it as well. I don't know a single person that truly made it from trading stocks, forex or just plain gambling on a casino. I know plenty of people that made it in crypto (including in real) People think crypto is tough? If only you knew how the banks can manipulate your orders on the forex market. And insider trader? Even worse in stocks. Crypto despite the absolute sh*t and rubble in between the diamonds is still the single best place for opportunity. If Bitcoin reaches new highs again? Don't doubt for a second they'll all be back. It's the way it is and saying it isn't is the same as saying human psychology doesn't exist. And if it exists (which it does) you can be sure there are repeatable patterns. And sporting that pattern early is the one you'll be earning from. #CPI_BTC_Watch #TON #BNBChainMemecoins #BitEagleNews
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JUST IN: 🇬🇧 The UK passes a new law recognizing Bitcoin and other digital assets as personal property, enhancing the legal protection of Bitcoin holders in the country. #Bitcoin #BitEagleNews
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To all my hustlers, In hopes of a brighter future, You put yourselves through a hell of a lot, I know that, Because I’ve been through that. So if you’re someone trying to make something happen… I salute you. Keep it going, One day at a time, Don’t quit. And most of all, Try and actually enjoy the process. You’ll look back one day and smile, maybe even chuckle. #BitEagleNews #CPI_BTC_Watch #Bullrun
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