Future Actions Of An Unprepared Crypto Investor...

in #bitcoin6 years ago

In the near future, there will be a frenzy where every morning when you wake up, the market cap will be jumping up tens of Billions per day for a sustained period. During this time, most won't know what to do with their portfolios, their paper profits will be dwarfing their annual income & they'll sell early due to the fear & negative anchoring currently being engraved into their psyche right now...

There will then be some horrendous pullbacks to the tune of hundreds of billions in an even shorter period of time. Again, most people will lose their shit again and the cycle will continue ready to attract and mentally destroy more unprepared investors investing in a sector they don't really understand and with no real yardstick to aim for.

I'm a broken record but this is why you need to be in this market for the realistic profit making reason and that's to capitalise on the medium term bubble. Anything less than Peak Bubble indicators you should ignore and get on with your life...

So, anticipate this next stage of the rollercoaster ride as it will be even more stressful than a falling market. I was once £650k IN PROFIT in just one day back in 2015 from trading and I experienced the most amount of stress in my life that day. Even more than losing £400k over a period of 4 months.

Until then, be strong and maintain the bigger picture Cryptonians!

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The problem is that you can only know this in retrospect.

There is no way to know if this is the "true" bubble popping or a small ride on the way.