BTC/USDT Idea. FUD/MEMES/market psycology
Updated
This is a all a game of who will bid the highest and get stuck buying someone elses bags. The whales are keeping the price down to make it look more inviting for bigger players to come and play. The speed of this relies on many things. There was an attempt to strike fear into the average investor. It didn't work. The market got crazier pointless money grab coins skyrocketed, hundreds appearing by the day. Almost 10000+ cryptos?! Then everyone has a "Schedule" for the bull run and how things will play out. With BTC losing dominance then Etherium pumps then altcoins pumps then it goes in a circle. Then at this particular time at the end of the year the bullrun is over and everyone just packs their bags and walks away unscathed exiting with ease and taking profits. News FLASH Alt coins have been pumping for literally 8 months the entire time BTC was doing its thing. Some few cases may continue to shoot up but good luck betting on the correct ones.
Lets be real and get back to fundamental use cases for actual coins replacing a broken fiat system, faster, easier payments, not requiring government manipulation to dictate its price. If this doesn't happen and BTC dominance doesn't return to normal levels, the cycle will go low enough to scare majority of everyone out and end itself then all other coins will bleed back to 90 percent less value including ones with decent reasonable utility value. Then try again next cycle. The entire crypto space is a circus, Youtubers shilling garbage pump and dumps, and some just strictly capitalizing off your lack of knowledge doing "TA" making hundreds of thousands of dollars monthly "investing in yourself" discords and Patreons trading groups. This isn't counting youtube revenue for super chats and requests. Twitter, facebook, social media news outlets. Not always exactly the best decision to put your money into someone elses hands. If someone is so rich and well off why do they care if your rich or poor? The crypto craze is real and its going to crash down to reality and your doggy coins your HODLing for the moon are not even going to be a useful paperweight cause they hardly exist. Only a few were actually streaming and evaluating assets during the crypto winter and stuck to the roots.
The trend is your friend until its not. Bull and Bear Markets are psycological. If this 4 year cycle was real the stock markets 12 years too late. Smart money doesn't play with insanity, hence the reason its called smart. Also smart money can afford to have more patience then the average Joe who is gambling their rent money on the next Safemoron coin. If BTC fails its taking the current market with it. Its that simple. Doesn't mean its over but it will weed out people who no longer pay attention when they aren't making 100x plus gains over night before the rug pull. In the end everyone needs USD that's why they are attempting to multiply their stacks. Less purchasing power means you need more money and the government isn't letting fiat go down without a fight. That's when control is lost and we have much bigger issues. If people are willing to truly convert over to a new source of currency instead of just trying to get rich, the cycle would play out its medium ups and downs.
Lets be real and get back to fundamental use cases for actual coins replacing a broken fiat system, faster, easier payments, not requiring government manipulation to dictate its price. If this doesn't happen and BTC dominance doesn't return to normal levels, the cycle will go low enough to scare majority of everyone out and end itself then all other coins will bleed back to 90 percent less value including ones with decent reasonable utility value. Then try again next cycle. The entire crypto space is a circus, Youtubers shilling garbage pump and dumps, and some just strictly capitalizing off your lack of knowledge doing "TA" making hundreds of thousands of dollars monthly "investing in yourself" discords and Patreons trading groups. This isn't counting youtube revenue for super chats and requests. Twitter, facebook, social media news outlets. Not always exactly the best decision to put your money into someone elses hands. If someone is so rich and well off why do they care if your rich or poor? The crypto craze is real and its going to crash down to reality and your doggy coins your HODLing for the moon are not even going to be a useful paperweight cause they hardly exist. Only a few were actually streaming and evaluating assets during the crypto winter and stuck to the roots.
The trend is your friend until its not. Bull and Bear Markets are psycological. If this 4 year cycle was real the stock markets 12 years too late. Smart money doesn't play with insanity, hence the reason its called smart. Also smart money can afford to have more patience then the average Joe who is gambling their rent money on the next Safemoron coin. If BTC fails its taking the current market with it. Its that simple. Doesn't mean its over but it will weed out people who no longer pay attention when they aren't making 100x plus gains over night before the rug pull. In the end everyone needs USD that's why they are attempting to multiply their stacks. Less purchasing power means you need more money and the government isn't letting fiat go down without a fight. That's when control is lost and we have much bigger issues. If people are willing to truly convert over to a new source of currency instead of just trying to get rich, the cycle would play out its medium ups and downs.
Note
What a doozy. Well if your still hear congrats and hope you got yourself some 30k btc.Note
here* Anyways the game is on.
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