**THE MARKET IS IRRATIONAL**
In a bull market, irrationality takes over. Allow me to explain. When I say the market becomes irrational, I mean that highly illogical events start to occur, which is far from normal. Let me give you some examples.
Look back at the last bull market and the wave of NFTs: digital images of monkeys sold for millions of dollars despite having no fundamental value. Shitcoins surged by 100 times in just a few days even though they were based on nothing substantial.
We are starting to see signs of this irrational market behavior again: people are pouring money into completely ridiculous memecoins that hold no real value. The worst part is that everyone is bullish on these memecoins—they believe in them strongly, with some investing all their capital in these nonsensical assets, now facing significant losses.
I've received private messages from several dozen people on Twitter showing me their portfolios, admitting I was right. They realize you shouldn't follow crypto influencers blindly who hype up trending cryptos, as it often leads to financial losses.
This is what I mean by an irrational market: nonsensical things happen, and illogical actions are taken. Thankfully, market crashes during bull runs exist to bring these overenthusiastic investors back to reality. These corrections serve as a wake-up call, helping people learn after significant setbacks. It’s harsh but necessary—sometimes you need a reality check to learn from mistakes.
Don't be one of those irrational actors. Act sensibly by remembering that the priority is not just making money, but preserving it.
I hope some of you will understand and apply this advice.
This post reflects my personal views. Thank you for reading.
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