Here are five more examples of “buy the rumor, sell the fact”.

1. Bitcoin ETF Rumors (October 2021): Rumors about the approval of the first Bitcoin ETF in the U.S. led to a price surge for Bitcoin. When the ProShares Bitcoin ETF was officially launched, Bitcoin’s price initially rose but then experienced a sell-off as traders took profits. 📈📉

2. Ethereum’s London Hard Fork (August 2021): Prior to the London upgrade, there were significant rumors and anticipation, driving up Ethereum’s price. After the upgrade was successfully implemented, Ethereum’s price saw a dip as traders sold off on the actual news. 🚀🔧📉

3. Cardano’s Alonzo Upgrade (September 2021): The excitement over the Alonzo upgrade, which enabled smart contract functionality on Cardano, led to a price increase due to rumors and anticipation. Following the release, Cardano’s price fell as the news was already priced in and investors sold off. 💹📊

4. Coinbase Listing of Shiba Inu (September 2021): When rumors spread that Shiba Inu would be listed on Coinbase, its price increased significantly. Once the listing was confirmed and went live, there was a notable sell-off as the initial excitement subsided. 🤝📈

5. China’s Cryptocurrency Ban Rumors (September 2021): Prior to the official announcement of China’s cryptocurrency crackdown, there were rumors and speculation that led to a market sell-off. After the official ban was confirmed, the market briefly rebounded as the uncertainty was resolved. 🏛️📉

Knowing this will help you manage your risk and behaviour while trading $BTC $SOL $NOT

Stay safe.