š The chart in front of you is a weekly chart of a cryptocurrency from a previous cycle, which later rose by about 200 times.
But before that jump, there was a phase known as "the blue circle" ā it looks small visually, but it actually extended over 8 months.
During that period:
š Initial rise of +20%
š» Followed by a decline
āļø Then a sideways movement equivalent to +1x
š And finally a retest of the bottom
It was a phase full of volatility, boredom, and deception.
Only those who had patience, a deep understanding of the market, and a little luck were able to seize that opportunity.
It is the hardest phase in any market cycle.
š£ļø The noise at that time was everywhere:
"Crypto is over"
"The market has changed"
"Altcoins will not rise again"
ā¦the same phrases that repeat every cycle.
But letās assume we have passed that phase. Now we are in what is known as "the profit phase".
Does it seem easy? In reality, it is the hardest.
Here, only 5% of traders succeed, while the rest behave like a herd š
Waiting for someone to guide them:
"Take the profits!"
"Beware of FOMO!"
ā¦as soon as the coin rises 10%
But when we are still at the bottom of the market, what is the FOMO we are talking about?
š The real rise takes time, sometimes a year and a half.
Those who sell early come back at higher prices, then sell in panic again, and repeat the cycle.
In the end, they enter late⦠at the peak of the correction.
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