Is a wave of FUD coming?
Lately, has been the focus of attention for quite a few people in the community. With the price undergoing a slight correction, down 1.60% over the past 24 hours, I feel like a wave of anxiety is taking hold.
1) News flow: is really hot right now, and everyone is buzzing about it. However, this is precisely what makes me a little wary. When something is being hyped up too much, that’s often when we need to be most cautious.
2) Crowd psychology: I always remember Michael Saylor’s words: the market goes through periods of extreme euphoria, followed by a crash. The price of is sensitive right now; even one small piece of bad news could be enough to make many people panic and sell off, especially when it comes to highly event-driven coins.
For informational purposes only, not investment advice. DYOR.
#TRUMP $TRUMP
Lately, has been the focus of attention for quite a few people in the community. With the price undergoing a slight correction, down 1.60% over the past 24 hours, I feel like a wave of anxiety is taking hold.
1) News flow: is really hot right now, and everyone is buzzing about it. However, this is precisely what makes me a little wary. When something is being hyped up too much, that’s often when we need to be most cautious.
2) Crowd psychology: I always remember Michael Saylor’s words: the market goes through periods of extreme euphoria, followed by a crash. The price of is sensitive right now; even one small piece of bad news could be enough to make many people panic and sell off, especially when it comes to highly event-driven coins.
For informational purposes only, not investment advice. DYOR.
#TRUMP $TRUMP
