Big push to watch at 50x! This is a once-in-five-years opportunity! Earlier in the livestream, I said an extreme thing: at the bottom, you have to be aggressively bullish, because this is an unchanging rule in the crypto world—especially when the liquidity hasn’t even come to the market yet, but the price is already at the bottom at the level of the yearly moving average. At the top, you have to be aggressively bearish, because crypto rallies and drops can be tens of times—before the main pump wave, when you buy you can still see tens of times upside; after the main pump wave, when you buy you can fall tens of times instead. The market is extreme. You need to be more extreme than it is ahead of time. This isn’t an offensive strategy—it’s a defensive one.
Go in early so you have the right to leave early. When the price has gone up 20x, then people outside will see 200x—that’s when you leave.
The bottom candlesticks already make people confused. Add to that deliberately bearish media news from the outside, and frightened retail traders who switch from longs to shorts—at this moment, you need to be even more extreme. This is a form of defense!
Before the end of last year, a few brothers in the livestream said they saw ZEC at 1500, and a few altcoins at 100x. Many people mocked them for daring to think 1500. But this year it happened. In essence, how many crypto traders are not crazy? Sooner or later, everyone has to go crazy. Being crazy earlier is stronger than being crazy later. The people who are losing money are basically just one step behind, going crazy later; then the late-crazies buy back the coins that the early-crazies went crazy about at a high price—commonly called chasing.
When DOGE hits $1, people will still look at it and say it’ll be $15 later. Just like the last bull market—everyone who bought DOGE blindly only thought about $1 to $10. But when it has already surged 300x at 0.2, then you look at it. Looking at $1 from 0.0006 and looking at $1 from 0.6 are two different kinds of people. Without getting into anything else: last year, when “Prince” ETH was at 2000 and said it would be 10,000, how many were actually thinking about 10,000? But what happened later—when it reached 5000, everyone’s faces changed, and suddenly they were talking about 8000.
Why do so many people lose money? Because at the top, nobody stays calm in advance. Nobody wants to leave. That’s why they end up losing by dozens of times. The people at the top are emotionally疯狂. The bottom, on the other hand, makes people colder and calmer—and most people get the direction wrong.
At the bottom, you need to be hot. At the top, you need to be able to put your own fire out.
Go in early so you have the right to leave early. When the price has gone up 20x, then people outside will see 200x—that’s when you leave.
The bottom candlesticks already make people confused. Add to that deliberately bearish media news from the outside, and frightened retail traders who switch from longs to shorts—at this moment, you need to be even more extreme. This is a form of defense!
Before the end of last year, a few brothers in the livestream said they saw ZEC at 1500, and a few altcoins at 100x. Many people mocked them for daring to think 1500. But this year it happened. In essence, how many crypto traders are not crazy? Sooner or later, everyone has to go crazy. Being crazy earlier is stronger than being crazy later. The people who are losing money are basically just one step behind, going crazy later; then the late-crazies buy back the coins that the early-crazies went crazy about at a high price—commonly called chasing.
When DOGE hits $1, people will still look at it and say it’ll be $15 later. Just like the last bull market—everyone who bought DOGE blindly only thought about $1 to $10. But when it has already surged 300x at 0.2, then you look at it. Looking at $1 from 0.0006 and looking at $1 from 0.6 are two different kinds of people. Without getting into anything else: last year, when “Prince” ETH was at 2000 and said it would be 10,000, how many were actually thinking about 10,000? But what happened later—when it reached 5000, everyone’s faces changed, and suddenly they were talking about 8000.
Why do so many people lose money? Because at the top, nobody stays calm in advance. Nobody wants to leave. That’s why they end up losing by dozens of times. The people at the top are emotionally疯狂. The bottom, on the other hand, makes people colder and calmer—and most people get the direction wrong.
At the bottom, you need to be hot. At the top, you need to be able to put your own fire out.
