If you want to be successful you have to understand this.
Because it literally never changes...
And once you understand it, you will make more money than you can imagine.
Counter trading sentiment is the play.
As BTC headed for $104k the sentiment was the worst I had seen it since the April bottom.
But in reality... in pure facts... we had:
- BTC holding HTF structure
- Tagging the HTF support and most likely area for reversal
- Most oversold RSI since April bottom
But we also had an insane amount of accounts saying "bear market has started"...
With even more saying its over and they have fully sold etc.
And what has the price done since then?
It has rebounded nicely and is up almost 10%.
Go figure.
And this happens. EVERY. SINGLE. TIME.
If you have followed me long enough you will have seen me highlight these situations over and over.
And guys...
You don't even need to ride the whole move.
I'm not saying 100% we won't get a lil lower...
But the point here is that as everyone was screaming and running and dumping bags, we BOTTOMED, and reversed.
This means you could have taken a long when everyone else was panic selling and made big profits in a few days.
Write this down and never fucking forget it. It is EXTREMELY simple...
Counter trading sentiment is easy because sentiment is at its worst at the bottom, because the price has been pushing down for a while and holders are scared.
What this means is that sentiment is worst at the END of the move.... NOT the beginning.
This is also why euphoria marks the top because everyone is max greed at the END of the move, NOT the beginning.
So when you see sentiment either max pain or euphoria, simply pull up a chart and take a quick look.
Are we near support/resistance?
How does the RSI look?
ETC.
And take a counter position to what everyone is screaming.
90 times out of 100 it works.
But no matter how many times it happens, everyone forgets and is now, for the millionth time, convinced its over.
If you cant understand this phenomenon with sentiment you will always be 5 steps behind and you will always make the wrong choice in the moment.
Day 293 of the Tier List for First_Ledger
Hard times make strong men. I’m keeping it positive the lower we go, the less risky it gets. Why? Because we’re still in a bull market, that’s why! But my buys are just small chips.
Criteria for Making the Tier List:
1. Exist for at least 50 days:
- No hype-only projects. Rug risks are higher than ever, so we’ve prioritized trust over quick gains.
2. Market Cap & Liquidity Pool Standards:
- A higher liquidity pool is a cheat code for ranking higher.
3. Smart Liquidity Pool Moves:
- Projects that show strategic LP growth rank better than those within the same market cap range.
Tier List Rankings:
- 🔴 Tier SS: $10M+ market cap
- 🟠 Tier S: $5M+
- 🌕 Tier A: $2M+
- 🟡 Tier B: <$2M
- 🟢 Tier C: <$1M
From now on, the tier list will also factor in reputation and activity. Here’s what that means:
If a project suddenly hits a high market cap out of nowhere, but never supported or raided my tier list posts, I’ll favor the community that shows consistent support and raids, even if their market cap is a bit lower.
Why? Because I know them. I’ve seen their effort. They’ve earned trust through consistent activity.
If your coin isn’t listed, leave a comment! Rankings are based on market cap, liquidity, and holders (stats may have changed).
Special Shoutouts:
Raid this post and get a shout out on my next post!✍️
Let’s do this together—onward and upward!
XRP Tip Address:
rExbMJXCdywbwbDvwAdk4GU8udRtD5zBgz