Why is there so much excitement when the market is rising, but silence when it's falling?
Everyone talks when prices are going up, but they fall silent when they go down. What's the reason for this?
Psychology: When the market is rising, the desire for victory and motivation takes over. People want to share their success. It's simply human psychology. When the market is falling, there's a sense of loss and disappointment. No one wants to admit their mistakes.
Media and Attention: Bloggers and news outlets only focus on the exciting "growth" stories. People don't want to hear negative news or stories about losses. That's why negative market conditions are often ignored.
"Smart Money": What do you think "smart money" is doing at this time? Large investors quietly accumulate assets when prices are falling and everyone else is silent. They don't want to create hype, as that could artificially inflate the price. If you haven't noticed, this is exactly what's happening now: bloggers are quiet, there's less content on YouTube, and investment isn't interesting to anyone. "Smart money" is quietly accumulating assets.
I'm writing this post so you can remember it later, when everyone is talking about crypto and investments again.
Everyone talks when prices are going up, but they fall silent when they go down. What's the reason for this?
Psychology: When the market is rising, the desire for victory and motivation takes over. People want to share their success. It's simply human psychology. When the market is falling, there's a sense of loss and disappointment. No one wants to admit their mistakes.
Media and Attention: Bloggers and news outlets only focus on the exciting "growth" stories. People don't want to hear negative news or stories about losses. That's why negative market conditions are often ignored.
"Smart Money": What do you think "smart money" is doing at this time? Large investors quietly accumulate assets when prices are falling and everyone else is silent. They don't want to create hype, as that could artificially inflate the price. If you haven't noticed, this is exactly what's happening now: bloggers are quiet, there's less content on YouTube, and investment isn't interesting to anyone. "Smart money" is quietly accumulating assets.
I'm writing this post so you can remember it later, when everyone is talking about crypto and investments again.