Lyric.

Each cycle is the same, new heads appear who pay for interviews or podcasts with old heads and tell there what old heads told to the previous ones in the last cycle, namely:

'This cycle will not go as usual', 'we live in a unique time', 'everything will be different and only I know how it will all be because I am special and see this market, I have lived this life, understood deep meanings, and possess a high gift' - and then it's just blah blah blah and a bunch of genius ideas about how everything will be special.

The market is supply and demand thanks to which the stages ACCUMULATION - GROWTH - DISTRIBUTION - DECLINE - ACCUMULATION - GROWTH - DISTRIBUTION - and so on change. This is global, only the timings change because any market becomes more mass-oriented, grows, and requires more time for cycle changes.

THERE WILL ALWAYS BE A BEAR MARKET THAT WILL ALWAYS CHANGE TO A BULL MARKET, and there will always be locality; locality is the hustle that happens within any stage. When a new participant enters the market, they always encounter locality and draw conclusions based on it, building analytics on the fluff that happens daily, weekly, over the month, and since locality always differs, the new participant concludes that everything is special.

A cycle passes, the next begins, and then comes the understanding that the globality is the same and there are no special features in any cycle, but this cannot be read and understood; it must be experienced 😀

It is important, as you experience all of this, to spend time studying the fundamentals and important things and analyzing specific projects that are interesting rather than filling your head with hour-long blah blah from talking heads. It is easy to identify and filter out the noise by phrases like 'this cycle will be special', 'everyone doesn't see it but I do', 'this will be the last cycle', 'there's a 100% chance', and other buzzwords. A person who has understood at least some percentage of the market realizes that locality cannot be analyzed precisely; it can only be guessed, while globally the market is always the same based on eternal fundamental principles, and this can be analyzed without the need for guessing.

Closed club - $