😂😂😂History does not repeat itself: the triggers, magnitude, duration, and dominant narratives (such as ICO, DeFi, NFT, and possibly RWA this round) are all different each time. It will not simply replicate past trends.
But it will rhyme: the psychological and behavioral patterns of market participants are highly similar. Each significant drop will trigger panic statements of 'the crypto world is dead,' and each cycle will see newcomers entering the market and old participants exiting.
Manage risks well, be confident in your capital, survive, survive, and wait for the next spring.
But it will rhyme: the psychological and behavioral patterns of market participants are highly similar. Each significant drop will trigger panic statements of 'the crypto world is dead,' and each cycle will see newcomers entering the market and old participants exiting.
Manage risks well, be confident in your capital, survive, survive, and wait for the next spring.
