1.Accumulation โ smart money buys
2.Markup โ price trends up
3.Distribution โ smart money sells
4.Markdown โ price trends down
Repeat. Always.
Dr David Paul
@retardeddough @solidintel_x maybe, but the real is there people will take last money/fuel for some gambling - for example SOL or ETH shitcoins... soooo one more point for biggest altseason in future
Lesson #1 if you want to make money in markets
Get your brain used to this kind of thinking
Going up hard = bad (take out more money)
Going down hard = good (put in more money)
Ignore news, narratives or your feelings.
This is a very important but often overlooked outcome of equity markets:
Passive index funds overwhelmingly and usually outperform active funds and their managers.
In other words, โset it and forget itโ over the long run wins the race.