This batch of coins all follow the same playbook (including $INIT ): first they break out, then they wait for retail investors to chase in, before dropping back down and breaking well below support, only to rally again.
They shake out traders back and forth, targeting those who lack patience.
My take: Don’t panic when support breaks, and don’t chase the rally. Being able to hold on is the real test this cycle. It’s not your judgment that’s being tested—it’s human nature.
#INIT #Crypto
They shake out traders back and forth, targeting those who lack patience.
My take: Don’t panic when support breaks, and don’t chase the rally. Being able to hold on is the real test this cycle. It’s not your judgment that’s being tested—it’s human nature.
#INIT #Crypto