4 stages of an investment product are as follows:

Phase 1: indifference phase, consolidation and accumulation

Phase 2: acceleration phase

Phase 3: peak and distribution phase

Phase 4: decline phase, large investors fleeing.

Note that after the accumulation phase, the price will increase and after the distribution phase, the price will decrease, but conversely, after the acceleration phase, it may not necessarily be distribution but could be re-accumulation for the next increase (which often breaks historical peaks), and after the decline phase, it may not necessarily be accumulation but could be re-distribution and a sharp decrease (which may then break historical lows).

It is too simple to read through and forget, but it is extremely important for a long-term overview.

Oh, someone told me to talk broadly, talking about the long term, the level is short-term trading, scalping, intraday; I would like to clarify that I only trade short-term trading products (as mentioned in the previous article, what products) on the Exness platform. On Binance, most of my profits there come from holding coins, so here I only talk about long-term thinking and strategies, and I am just an ordinary person like you, I don't need fancy words like pro, level, expert, or anything like that.

But if you browse through the articles, then experience it yourself, you'll understand that the person who jumps in and out seeing profits in the short term, in the end, loses everything. Then they turn around and hold some coin for a few years hoping to recover. So in the end, it still comes back to holding. Then holding until the end of the year sometimes makes real profits, and then they tell themselves that if they had known to buy at the beginning and delete the app, things would be great now. They keep getting lost in a cycle that no one can help them escape.

In summary, based on the 4 phases I shared with this picture,

Now according to you, where is LINK currently in which phase, guess for fun, it doesn't matter if it's right or wrong.