Do you believe in the uptrend cycle of 2025? In my opinion, by 31/12/2024, BTC will reach 103k. What does everyone think? Please comment below this topic.
Today, it seems everyone feels more cheerful and comfortable than yesterday; the green candles soothe the anxious and regretful moods. Some have entered the market feeling like they found the bottom, feeling happier, while others managed to DCA their purchases, but this game is not ours to win. The market makers have soothed us, but this is a trap aimed at eliminating: 1. Young investors, lacking experience.
In the midst of the uptrend storm, the coins experiencing a correction make everyone feel more anxious and worried compared to the last bottom. I myself have gone through two seasons and also have certain emotions. Among the tokens, $WING is the brightest spot in the past two days, a coin in the list threatened to be delisted from the exchange. But I have the most faith in it. Next is $CELO, many people curse it, but within the risks lies a great opportunity for those who are willing to take risks, have a strong mindset, and do not borrow to trade.
it seems reasonable that I have fallen into these situations before
Survivaforever
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As Soon as you sell the price increase and as soon as you buy,the price decreases
I'll explain why this is so, it's very simple! This phenomenon is a classic example of cognitive distortion, when a person feels that the market is working against him. In fact, such situations are often explained by psychological and market factors: 1. The crowd effect. Most people buy on hype and sell in panic. This leads to the market being able to correct at precisely those moments when identical decisions are made en masse. 2. Difficulty of forecasting. The market, especially the cryptocurrency market, is extremely volatile and unpredictable. Even experienced analysts make mistakes when trying to guess the price movement. 3. Algorithms and big players. Not only private investors participate in the game, but also institutional players, trading bots and hedge funds. They analyze mass behavior using complex algorithms and adjust their actions to maximize profits. Billions of dollars are spent annually to study how most participants in financial markets, including cryptocurrency, will behave. There are specialized institutions for this purpose, such as: 🛑 Quantitative research centers developing mathematical models. 🛑 Psychological laboratories studying the behavior of investors under stress and uncertainty. 🛑 Data analytics companies using machine learning to predict prices. All this research helps the big players stay one step ahead. Therefore, it is important not only to follow the market, but also to understand its fundamental logical mechanisms. 💡 What should I do? How many times a day do you check the price and look at the chart? Every time you look at the prices, you start thinking like the crowd. Wait for the price at which you plan to sell, do not be too greedy. If emotions are off the charts during the correction, do not go in or temporarily delete all applications related to cryptocurrency and do something else, this will help you think sensibly and be firm in your decisions! Don't be like everyone else, know more!
Storm warning near This week, $BTC will drop significantly to around 89,000 dollars. This will lead to a sharp decline in altcoins. Friends, limit trading futures, okay? Confidently predicting that after Christmas, BTC will recover to the 97k range and sideways here. Altcoins have a chance to break out; by mid-January 2025, there will be a new ATH #BNBToken #Write2Earn!