#Bitcoin The market in the past few days can be summarized in one sentence: rise a bit, and the whole network immediately starts dreaming; drop a little, and everyone pretends to be dead. The funniest part of the crypto world is this: yesterday they were shouting "the bear market is hopeless," and today when they see Bitcoin pushing up a bit, the guys in the group have already started fantasizing about financial freedom by the end of the year đ
But the old investors know that this position is the easiest to be deceived. You think a new trend is starting, but many times itâs just an emotional recovery; you think you are getting in, but in reality, you are most likely picking up the chips that the earlier guys casually threw out. Especially when altcoins are flying around, itâs easy to get peopleâs minds heated; when itâs a little bit up, you want to chase it, and when you chase in, you find out youâre not a passenger, but fuel.
My current view is very straightforward: this wave has heat, has traffic, has funds testing the waters, but itâs not yet the stage for mindless rushing. If you really want to go up, you have to focus on the leaders and logical hotspots, donât just want to touch everything you see. The market has never lacked opportunities; whatâs lacking is that you shouldnât send yourself away when youâre the most excited.
In a word, there is excitement, but we still need to see if itâs truly bullish; donât put your shorts on just because you caught a whiff of bullishness. What do you brothers think? Like and comment to boost it!
But the old investors know that this position is the easiest to be deceived. You think a new trend is starting, but many times itâs just an emotional recovery; you think you are getting in, but in reality, you are most likely picking up the chips that the earlier guys casually threw out. Especially when altcoins are flying around, itâs easy to get peopleâs minds heated; when itâs a little bit up, you want to chase it, and when you chase in, you find out youâre not a passenger, but fuel.
My current view is very straightforward: this wave has heat, has traffic, has funds testing the waters, but itâs not yet the stage for mindless rushing. If you really want to go up, you have to focus on the leaders and logical hotspots, donât just want to touch everything you see. The market has never lacked opportunities; whatâs lacking is that you shouldnât send yourself away when youâre the most excited.
In a word, there is excitement, but we still need to see if itâs truly bullish; donât put your shorts on just because you caught a whiff of bullishness. What do you brothers think? Like and comment to boost it!