YOU WILL LOSE ALL YOUR INVESTMENT! Unless You Understand The Psychology of the Crypto Market
Experts predict a new bull run peaking in late 2025- That is 12-18 months from the Halving happened in April 2024. Ready to ride the wave? I hate to state this but many are still going to f><k this up. For real. Let's break down the psychological phases:
📌PHASE 1 - Accumulation During this phase, crypto Whales and OGs will have bought or be buying at discounted rates, new projects emerge, but skepticism lingers.
To be clear, this was more like last year when $BTC was down to $15,000 and there was blood on the streets.
📌PHASE 2 - Momentum Here, as we are currently witnessing, prices climb, excitement builds, HODLers rejoice, FOMO kicks in, and altcoins surge.
📌PHASE 3- Euphoria/Excess Greed takes over, prices soar daily, mainstream attention, bizarre market behavior, scams alert! For the Noobs, whenever the Bitcoin Fear and Greed Index makes a reading of 90, begin to manage your crypto position. Be SMART or you wont see the crash coming.
📌PHASE 4 - Massive Crash/Long Reeeeed candles
Here, you will witness a massive downtrend. Prices crash, panic selling, media negativity, Whales and new investors exit, veterans buy the dip. Noobies are left holding the for another two-three years -- the worst position to be in. DON'T DO THAT!
⏰Tips for Success: Invest wisely and patiently. Dollar-cost average.
Take profits on the way up. Diversify and avoid overexposure. Be cautious of hype and scams. Watch for market sentiment changes. Hedge positions strategically. Keep cash reserves for opportunities. The coming months bring excitement, risks, and rewards. Navigate wisely, and you could be on your way to life-changing wealth in this crypto revolution!
A 24-year-old boy named Erik Finman invested $1,245 in Bitcoin when he was just 12 years old. He made a deal with his parents that if he could make a million dollars by the time he was 18, he wouldn't have to go back to school. Well, his investment paid off big time!
By the time he was 18, his investment was worth over $2 million! He eventually became a millionaire and was even invited to give a TED Talk when he was just 15 years old. Erik's story is an inspiring example of how taking risks and believing in oneself can lead to great success.
👀🆘️👀People want quick money and while running for quick money, they end up losing what they have! Crypto industry has bad image that it blow your accounts! That's completely wrong!
Trust me, if you will try to understand how the Market sentiments work, narrative thing, fundamental analysis and technical analysis, you will surely be better trader! Keep yourself upto date. Read news, read what tokens has the best fundamentals, of course MEME tokens are useless anyways!
Follow correct traders, just take my example, what I do is, I provide #Bitcoin levels, we take trades based on those levels! we use proper risk management SL Method! There are very less influencers with this mindset in the market! They will hype the tones when everything is green! But while the red market they just vanish
I see that even after lot of efforts on #binancesquare the number of views are reducing. Never mind, I will keep working hard as I am doing since many days!
I see that even after lot of efforts on #binancesquare the number of views are reducing. Never mind, I will keep working hard as I am doing since many days!
🆘️🆘️🆘️🆘️When #btc fell to 15k, people were too optometrist about 10k, Since then we are 5x up, now it's dipping and we need it to go up! It's never too late when you enter in spot and DCA when it DIPs! Try to HODL, ultimately you will throw yourself in the profit! Just don't look at your investment daily, invest and let it grow! Don't increase your anxiety in this red Market!
Life is short and uncertain Fam, your family your friends need better version of you! They deserve your time and love towards them! Enjoy with them, spend some quality time with them, someday your holding will turn green and you will be ultimately happy at the end
- Mt. Gox to distribute 143K BTC in July. - Miners sold $1.8B in June. - Bitcoin ETFs faced $1B outflows since June 15. - German government sold $200M BTC.
Despite healthy investor profitability, the magnitude of volume being processed and transferred on the Bitcoin Network following the ATH has declined drastically.
This underscores a reduced appetite for speculation and heightened indecision in the market.
11. Mt.Gox Releasing #Bitcoin In July 2024 To Early Buyers Worth $9 Billion 😮
ℹ️ Chronology :
1. February 7, 2014: Mt. Gox halted all Bitcoin withdrawals, citing "technical issues." - FUD: This announcement caused a sharp decline in Bitcoin prices and significant market anxiety.
2. February 28, 2014: Mt. Gox filed for bankruptcy, claiming the loss of 850,000 Bitcoins. - FUD: This event triggered another Bitcoin price crash and increased distrust in cryptocurrency exchanges.
3. April 22, 2015: Bankruptcy court hearings continued, and compensations remained unpaid. - FUD: The lack of clarity regarding payouts kept market tension high.
4. June 22, 2018: The Tokyo District Court moved Mt. Gox from bankruptcy to civil rehabilitation. - FUD: The news was initially positive but uncertainty over payout timelines remained.
5. October 5, 2018: The court set the deadline for creditors to file claims by October 22, 2018. - FUD: The claims process spurred new market speculations.
6. March 15, 2019: The deadline to submit the rehabilitation plan was extended to April 26, 2019. - FUD: Slow progress fueled doubts among investors.
7. April 26, 2019: The rehabilitation plan was submitted to the court. - FUD: Waiting for plan approval created market tension.
8. March 31, 2020: The court extended the claims submission deadline to July 1, 2020. - FUD: Continued delays negatively impacted trust in the process.
9. October 20, 2021: The Tokyo District Court approved the rehabilitation plan. - FUD: Anticipation of payouts caused market fluctuations.
10. January 6, 2023: The court finalized the payout plan, with distributions expected to begin in 2023. - FUD: Announcements of payouts and potential delays continued to influence the market