📡📡
Let's analyze the psychological phases ⚖️
#PHASE1 🚀- Accumulation 💸💰
During this phase, Whales and OG cryptocurrencies will have bought or will be buying at discounted prices, new projects will emerge, but skepticism remains. To be clear, this was more like last year when $BTC dropped to $15,000 and there was blood in the streets.
#PHASE2 - Impulse 📈
Here, as we are currently witnessing, prices rise, enthusiasm rises, HODLers rejoice, FOMO kicks in and altcoins rise.💎💰
#PHASE3 🪙- Euphoria/Excess 🚀
Greed takes over, prices skyrocket daily, widespread attention, strange market behavior, scam alert! For newbies, when the Bitcoin Fear and Greed Index reaches a reading of 90, start managing your crypto position. Be SMART or you won't see the collapse coming.
#PHASE4 - Massive Crash/Long Candles 💡⤵️
Here, you will witness a massive downtrend. Prices drop, panic selling, negativity in the media, whales and new investors exit, veterans buy the dip. Newbies are left holding the 💰 for another two or three years: the worst position to be in.
DON'T DO THAT⚖️💶 #spicologia #MercadoCripto #fomo #cuidatusahorros #buennegocio