Daydreaming about a bull market every day? Fine, I’ll give you one.
That should satisfy your fantasy, right? I’ll sell to you at the top.
In reality, a real bull market isn’t that easy.
Have retail investors really been washed out clean?
Is a rate cut really in sight?
Have the longs really been liquidated completely?
Have the miners really surrendered?
Has enough turnover happened in the bottom chips?
Has the time in the cycle really arrived?
When the market is extremely FOMO,
you dare to point out that the risk now far outweighs the reward.
They’ll feel like you’re about to take a knife to their whole family,
insisting on squeezing every last cent out of them.
In financial markets, rises and falls over ten or a hundred years,
the underlying logic never changes.
That underlying logic is human greed.
After the main players push prices up, when the market is at peak FOMO,
they use the most euphoric stage to catch retail investors in one net.
That should satisfy your fantasy, right? I’ll sell to you at the top.
In reality, a real bull market isn’t that easy.
Have retail investors really been washed out clean?
Is a rate cut really in sight?
Have the longs really been liquidated completely?
Have the miners really surrendered?
Has enough turnover happened in the bottom chips?
Has the time in the cycle really arrived?
When the market is extremely FOMO,
you dare to point out that the risk now far outweighs the reward.
They’ll feel like you’re about to take a knife to their whole family,
insisting on squeezing every last cent out of them.
In financial markets, rises and falls over ten or a hundred years,
the underlying logic never changes.
That underlying logic is human greed.
After the main players push prices up, when the market is at peak FOMO,
they use the most euphoric stage to catch retail investors in one net.