The psychology of the market.

People feel comfortable in the green area.

While they are not in the red area, they are stuck and don't know what to do, many sell at a loss and don't think about it again until two years later.

Don't repeat their mistakes.

You are still in the red area with your favorite project.

Dont think im happy to be always right.
In any case, where are all the idiots who already doubted after one day that this was going to happen? You don't have to faded Noodles but act accordingly to it.

Where are all the ETF screamers now?

''1500 in august''.
Thats it, im sad not happy.

On altcoin.. dips are for buying. Always.

In one of the books I loved best, he explained how we are mentally inclined to sell when fear takes over but never when greed does, this is why rises develop adrenaline and that relaxes us, unlike dips , fear creates you agitation..

It's hard training but if you develop strong ''muscles'' for it you will be a winning trader

worked well :)

I think we are destined to stay in this downtrend, with a definitive bottom in mid-December, similar situation on second half 2022 or 2019, buying major dips on major altcoins with large funds will prove very profitable for the coming months there.

My idea doesn't change we can see $ETH at 1100-1200 and #BTC at 21-22k, before the full reversal for 2024:
https://x.com/criptopaul/status/1686400048018362369?s=46&t=pgcBgkV7YJcnGceRIIeVaQ


Plenty of bullish catalysts for 2024:
-ETF approval, it's only a matter of time and the SEC can postpone its decision two more times for 45 days. The first one will be in mid October, I bet it will be approved in January.
-Fed will start cutting rates and inflation scheduled to return towards 2.5-2% levels.
-And of course #Bitcoin halving on end of April

and where of course we won't have a pandemic event like March 2020, thanks to God.

Anyway, its actually a bullish post for your information.
Dont get kicked you out as end of 2022 there...

#BTC
It will be exciting, at 23k people will call bear market, at 26k bull market again, i guess this is going to happen for 20 days, then get ready to go all in on November-December at 21k where sentiment will be totally negative

25k✅
27k ✅
23k
26k
21k
...100k https://twitter.com/criptopaul/status/1686400048018362369?s=20

Regarding market cycle and the question everyone asks. Will there really be a next cycle?

The answer is simple, #Bitcoin is programmed for it, it's in the code itself, Satoshi knew what he was doing. (Halving cycle)


That's why i have in the description of my bio. It is the miners who decide supply and demand as in a gold market or any product:

Production cost - price at which manufacturer are willing to sell - supply.

If you're wondering why everything died on Cexes, especially majors caps, I often talked about a second bad part of 2023, not new 2023 ath for ETH, ETH to 1500, it was all written...

We had some good opportunities on dexes, im holding very few projects where they have fundamentals and community, and they will be the few tokens that will resist this bad market and will pump hard. As for major altcoins, I will accumulate more Sol, Btc and Doge where I can in the following months.