Every sane market participant has seen it here on Binance more than once. Like when some coin shows growth of +20/30% or more. Right then and there a crowd of baboons write that this is the gem of this week/month/year.
Screams that the coin will fly to the moon without you, and you will miss that very chance.
Recently there was such a circus with the TRB coin. Screams and prayers for this coin to make the same values as it did. In telegram chats, the situation is similar. As soon as some asset begins to grow, the baboons are right there with their analyses, guesses and all sorts of bullshit. Everything except common sense.
This is exactly how the crowd works. Why?
Because all the indicators, charts and information background indicate that you need to buy when everything is growing and everything is green.
Even indicators of greed, purchases and so on. Indicates active purchases.
For example, there are indicators that indicate the general sentiment on the market, and what to do at the moment. And there are several comments: Actively sell, Neutral, Actively buy.
So, 90% of people in the market follow these arrows and indicators. After all, the crowd believes that everything is for them, for their convenience to earn money. After all, market sharks take care of the crowd. So that every baboon with a bare ass earns money.🥲
Here in this market everyone is altruistic, and they care that you earn and live like a king. Yes, yes, it’s everyone who cares that everything is fine with you😆
In any market, to be on top, you need to go where it’s scary, buy when you’re afraid.
Are official sources trumpeting that everything will be bad? That's when you need to buy.
Are official sources trumpeting that everything will be fine? It is at this moment that you think about taking profits.
Listen to the market and do the opposite. Law for market predators. And if you are a baboon, then go look at charts and indicators. And listen to Bloomberg more.