Your mother's shelf
Post
Phangia
·
--
To put it bluntly, we are gamblers, under the guise of investment to sound fancy.
If everyone wins, then who will lose... if everyone profits, then who will incur losses... the game designers will optimize profit from milking cows or taking bear meat... that’s the truth...
It’s not a coincidence that people say 95% of players in this market lose money. Too many temptations and manipulations. If you are not alert and in it for the long haul, you will be among that 95%. At times like this, it could be the bottom or worse things are yet to come.
I’m starting to see some comments like:
- The uptrend is over
- We're entering wave 4
- There will be another crash of 30-50%
- Then there’s macroeconomics, the US is experiencing the steepest decline since the crash in August.
But the truth is:
- The Crypto market is easy to remember but also quick to forget.
- One common occurrence is that when a bull wave hits, hardly anyone remembers the devastating bear wave that came before it.
The rule:
- Price increases -> FOMO (Fear of Missing Out)
- Price decreases -> Fear of further declines
The bear wave has tormented us for many months; if you are still in the market, then brace yourself to match the waiting.
But when the FOMO wave hits, people only care about what coin to buy, and nobody has any defense or fear anymore.
Everyone’s mentality is different, so assess your own strength.
And right now:
Even if asked 100 times, I would still answer >>> I AM BULLISH.
The market mentality wants to hold to gain more, but no one knows what the market makers, sharks, or whales are thinking; now it just takes one to sell out, and everyone will sell out together. If you’ve made a lot of profit, that’s fine, but entering at the peak is deadly. The game is too much of a gamble.
Whatever gets you profit, you brag about it; if you lose, then stay silent. That’s how to be a KOL (Key Opinion Leader).
If everyone wins, then who will lose... if everyone profits, then who will incur losses... the game designers will optimize profit from milking cows or taking bear meat... that’s the truth...
It’s not a coincidence that people say 95% of players in this market lose money. Too many temptations and manipulations. If you are not alert and in it for the long haul, you will be among that 95%. At times like this, it could be the bottom or worse things are yet to come.
I’m starting to see some comments like:
- The uptrend is over
- We're entering wave 4
- There will be another crash of 30-50%
- Then there’s macroeconomics, the US is experiencing the steepest decline since the crash in August.
But the truth is:
- The Crypto market is easy to remember but also quick to forget.
- One common occurrence is that when a bull wave hits, hardly anyone remembers the devastating bear wave that came before it.
The rule:
- Price increases -> FOMO (Fear of Missing Out)
- Price decreases -> Fear of further declines
The bear wave has tormented us for many months; if you are still in the market, then brace yourself to match the waiting.
But when the FOMO wave hits, people only care about what coin to buy, and nobody has any defense or fear anymore.
Everyone’s mentality is different, so assess your own strength.
And right now:
Even if asked 100 times, I would still answer >>> I AM BULLISH.
The market mentality wants to hold to gain more, but no one knows what the market makers, sharks, or whales are thinking; now it just takes one to sell out, and everyone will sell out together. If you’ve made a lot of profit, that’s fine, but entering at the peak is deadly. The game is too much of a gamble.
Whatever gets you profit, you brag about it; if you lose, then stay silent. That’s how to be a KOL (Key Opinion Leader).
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.