Negative interest rates get enforced on normal bank accounts now (up to 1% p.a.!).
Inflationary tendencies with regards to consumer goods.
Savers are really starting to feel the squeeze … the most cautious will be the most likely to buy the top due to FOMO.
#NoFinancialAdvice
For the latter 50%, you have to pass at least one full bull cycle and one full bear cycle to get the basics right … using your own money while trying not to lose it all.
You can learn about 50% by reading and listening to people who are provably successful …
The other 50% have to come from your own experiences, using / losing your own money and – most importantly – by developing emotional resilience in highly volatile environments.
People are losing their shit because of 1 green day after 4 red days.
Please. Calm the F down.
The daily still shows a downtrend. I expect the coming week to be mostly red again.
Some regard crypto investing as a sprint …
It's a marathon… without knowing which direction you are running … blindfolded … with a cliff at an unknown location … apes swinging around, trying to steal your lunch … everyone cheering while they're running towards said cliff…
🥳 The last time #BTC’s RSI levels were this low a nice pump followed!
BUT: every one of those pumps ended at a lower high. The next pump has to smash $40K to get us out of this depressing shithole.
Best way to stop hackers is to blacklist their hardware.. aka #NFT backed by the manufacturer on chain... @ultra_io. Game companies are close to @AMD for many reasons. $UOS
Once you understand what a wash out means you start to enjoy it to a degree, even though you are losing paper gains in the short term.
Consolidations are necessary.
Getting rid of junk projects… getting people to sharpen their focus on the things that matter.
#crypto#bitcoin
You mind is playing tricks on you.
When prices go up and everyone is enthusiastic, it focuses on the good things due to the voracity for dopamine.
When prices go down you only focus on the bad news.
If you don't break that cycle you will always lose.
Flip the script.
The news cycle is so manipulated, it's nuts.
A few weeks ago: "India is going to ban crypto!!!"
Now: "India is going to view Bitcoin as a new asset class!!!"
Let me tell you, it's better to just ignore the noise.
#bitcoin $btc #ethereum $eth #crypto
https://t.co/e4VEAC9Ihy
When market participants dump their assets undifferentiated, regardless of what the project is … that's when the largest opportunities arise.
Few understand.™