i made my move earlier b/c i spotted the change in state.
any types of major events will trigger 1 of 3 states.
(my recent move ๐)
any types of major events will trigger 1 of 3 states.
(my recent move ๐)
https://twitter.com/wilxlee/status/1449176999893766146?s=20
1. fomo - fear of missing out.
price doubles and greens across the board.
"lets ape in!" "wen moon?"
+90% ppl trade on "feeling", with VERY little research on the fundamentals of the project, hoping for the easy X2/3
- this is me as well ๐
(dozens of sales every hr)
price doubles and greens across the board.
"lets ape in!" "wen moon?"
+90% ppl trade on "feeling", with VERY little research on the fundamentals of the project, hoping for the easy X2/3
- this is me as well ๐
(dozens of sales every hr)
2. panic - panic sell.
eerie feeling in the market. a stalemate.
a single seller undercuts, everyone follows suit and market tanks 30-50%, within hours.
blood all over the street.
no one wants to hold the bag.
(couple sales every hr)
eerie feeling in the market. a stalemate.
a single seller undercuts, everyone follows suit and market tanks 30-50%, within hours.
blood all over the street.
no one wants to hold the bag.
(couple sales every hr)
3. lulll - vacation
after the paper hands take the 80% lost,
the dip buyers places their bets.
nothing much happens anymore.
0 liquidity in the market.
we all take a break.
time for some IRL interaction
regular sleep schedule resumes
no more checking OS every morning
after the paper hands take the 80% lost,
the dip buyers places their bets.
nothing much happens anymore.
0 liquidity in the market.
we all take a break.
time for some IRL interaction
regular sleep schedule resumes
no more checking OS every morning
what are some major events for triggering the states?
some are foreseeable
- coinbase #nft launching
(if you haven't - join here now
coinbase.com/nft/announce/1โฆ)
others are unexpected
- btc etf approval (will finalize monday)
some are foreseeable
- coinbase #nft launching
(if you haven't - join here now
coinbase.com/nft/announce/1โฆ)
others are unexpected
- btc etf approval (will finalize monday)
why am i sharing this?
next time when you see these events happening, you know what the market will do.
that way you can prepare accordingly.
no more "i wish i have more liquid"
or "i wish i sold then.."
how?
next time when you see these events happening, you know what the market will do.
that way you can prepare accordingly.
no more "i wish i have more liquid"
or "i wish i sold then.."
how?
u follow me, thats how. ๐คฃ
like this tweet, retweet it,
bookmark it, save it, print it.
rmb these states!!!
#nft market is a sensitive one, just like my wife.
learn to feed her before she gets hungry
buy her flowers on her bad days.
kiss her when you are late ๐
#WAGMI ๐
like this tweet, retweet it,
bookmark it, save it, print it.
rmb these states!!!
#nft market is a sensitive one, just like my wife.
learn to feed her before she gets hungry
buy her flowers on her bad days.
kiss her when you are late ๐
#WAGMI ๐
ps: coming thread, ill share how to prepare for each state. so yea, turn on the notification, tag your frds so we can all win together.
rmb - this is a positive sum game.
meaning, there is WAY more than enough for everyone.
share the love friends ๐๐๐
rmb - this is a positive sum game.
meaning, there is WAY more than enough for everyone.
share the love friends ๐๐๐
โข โข โข
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ใ
