“The market is taking off” and “the bear market isn’t over yet”—what are these claims actually based on?
During rallies, small-cap tokens often rise and fall more sharply than Bitcoin; during downturns, their drawdowns are often deeper too.
Important reminder: When you see predictions about “how much further this rally can go,” ask what they’re based on. Don’t mistake someone else’s predictions for facts.
Many people are in the habit of using the price action of $BTC to describe the current phase of the entire crypto market.
Don’t trade with borrowed money. The stress can push you into making bad decisions.
During rallies, small-cap tokens often rise and fall more sharply than Bitcoin; during downturns, their drawdowns are often deeper too.
Important reminder: When you see predictions about “how much further this rally can go,” ask what they’re based on. Don’t mistake someone else’s predictions for facts.
Many people are in the habit of using the price action of $BTC to describe the current phase of the entire crypto market.
Don’t trade with borrowed money. The stress can push you into making bad decisions.