Where We Are in the Emotional Cycle
The market is not just green and red candles; it is a graphical representation of massive human psychology.
The Emotional Phases
Each market cycle goes through the same extreme emotions, and knowing how to identify them tells you when to act.
Desperation Occurs at the bottom of the bear market when everyone says that $BTC is going to zero. It is the best time to buy.
Hope The price starts to recover key levels, but most remain skeptical and believe it's a trap.
Euphoria The price breaks historical highs, and even your grandmother asks you how to buy. It is the moment of maximum financial risk.
Your Compass
Most people lose money because they buy in Euphoria and sell in Desperation.
You must do exactly the opposite.
Buy when there is fear in the news and sell when there is a party on social media.
#Ciclos #BTC
The market is not just green and red candles; it is a graphical representation of massive human psychology.
The Emotional Phases
Each market cycle goes through the same extreme emotions, and knowing how to identify them tells you when to act.
Desperation Occurs at the bottom of the bear market when everyone says that $BTC is going to zero. It is the best time to buy.
Hope The price starts to recover key levels, but most remain skeptical and believe it's a trap.
Euphoria The price breaks historical highs, and even your grandmother asks you how to buy. It is the moment of maximum financial risk.
Your Compass
Most people lose money because they buy in Euphoria and sell in Desperation.
You must do exactly the opposite.
Buy when there is fear in the news and sell when there is a party on social media.
#Ciclos #BTC