With the price of bitcoin to $ 6,000, the digital currency market has peaked. Everywhere is talking about millions of profits and unrealistic opportunities, and everyone is looking for a way to fill their pockets in this upright market or Bull Run. Social networks are full of shopping signals and one -night analysis, and the sense of “fear of loss” or Fomo has been killed.
In the midst of this fuss, almost all articles and guides will tell you “How to make a profit in Bolran.” But we have decided to take a differe path. This article is a guaraeed guide for those who wa to make sure they are left behind. If you wa to look at the portfolio of others and lose any market move, follow this golden checklist!
Losal Psychology: How to Destroy Your Investme with Your Emotions
The most importa step in staying from Bolran is to completely corol the corol over emotions. Set aside the logic and strategy and allow the fear and greed to be your investme ship. This section teaches you how to destroy your capital by relying on the psychology of a loser.
Importa Note:
This article is written in a metaphorical form and all the recommendations in it, precisely On the corary What you need to do to invest in the digital currency market is.
Welcome to the fomo and buy at the peak of prices
The first and key rule for failure is to ignore slow and coinuous growth. Clever investors collect their assets in silence and when the market is in recession. You have to do the opposite. Wait for a digital currency to grow hundreds or thousands of perce, its name will be seen on all telegram channels and Instagram pages, and everyone will talk about it. This is the best time to arrive!
When a Quinn reaches its peak after an explosive growth, you buy the liquidity needed to leave the initial investors by buying at that poi. It is a great sacrifice that guaraees that you bought at the highest possible price and they have come out with large profits. It should be noted, however, that you need to do exactly the above conversations to make a profit.
Sell frightened with any price correction
Ascending markets never move in a straight line. 2 to 5 perce corrections are completely natural and even necessary for the health of the process. Your job is to completely ignore this fact. Seeing the first big red candle, you have to believe that the world has come to an end and the market is completely collapsing.
Immediately sell all your assets with horror. This will assure you to determine the small losses and keep the next big profits that occur after the price correction. Look at market fluctuations as a permane threat, not an opportunity. This strategy of “buying at the peak and selling on the floor brings you closer to your ultimate goal, losing capital.
Make your greed guide and never take your profit
Suppose you have a successful investme and your portfolio value has doubled or tripled. A rational investor at this stage picks up part of his profits to reduce his risk. But you should not make this mistake. Greed should be your best friend.
When you get a profit, instead of harvesting, dreamed that this will be doubled. Never set a price for yourself to exit. By doing so, you will be thrilled throughout the climb, and then on the fall path, you will be regretted by the melting of your previous profits. This is the best way to turn a winning transaction io a bitter experience. But if you wa to be a successful investor, follow the following:
Strategy? No need! Log in without a program.
Planning and strategy belongs to cautious people. To ensure failure in Bolran, you must act completely without a program, and based on luck and luck. This section teaches you how to avoid any strategic thinking.
Research (DYOR) to others
The phrase “do your own” is the most frustrating recommendation in the crypto world. Whitepipers read a project, a developer team review and tokenomics analysis is time consuming and complex. The faster way to fail is to make all your decisions based on the recommendations of an anonymous YouTube or an influenza in the tick.
Look for projects that do not provide any transpare information about their team, and Whitepipers are more like a promotional brochure. Focus especially on mimicins whose only value is an iernet joke. These projects have high poteial for “pomps and dumps” and “Rag Money” fraud and are the fastest path to zero your capital.
Completely ignore the price and the limit of the loss
STOP-LOSS and Take-Profit are the risk manageme tools and your number one enemy risk manageme is on the path of failure. You have to eer this game without any map. Buy and just hope to go higher.
Having a exit strategy means that you are ready for failure, but our goal is to fully accept failure, not preparation for it. Let the market decide when and with how much damage you get out of the deal. This approach ensures that your corol over your capital is minimized.
Put all your eggs in the basket of a mimokin
Diversity to the investme basket is a rational principle to reduce risk. So, you should avoid it. Investing in reputable projects such as Bitcoin and Ethereum is very boring. The real exciteme is to invest all your capital in an unknown and risky Mim Quinn you have heard today.
This will maximize your risk. Since many of the penicians in each market cycle lose more than 5 % of their value and never improve, this strategy is a great chance to lose the whole capital in a move. But if you wa not to be harmful, follow the following:
Forget the Anchin Data and Foundtable Analysis
In the world of crypto, there are powerful tools for analyzing Anchin’s data that show you what great investors (whales) and the whole market are doing. For a full -fledged failure, you must completely ignore this data.
Only rely on the emotional narratives of social networks
Anchin’s data analysis is complicated and time consuming with tools such as Glassnode or NANSEN. Why do you bother when you can decide by reading a few emotional tweets? A successful investor relies on verifiable data, but you need to build all your decisions based on speculative narratives and social media rumors.
The more exciting and unrealistic the narrative looks, the more appropriate it is for you. Look for analyzes that promise astronomical profits in a few days and have no data to support their claims. This is the best way to fall io advertising traps.
Ignore key criteria such as whale activity and input/output curres
Anchin data can provide clear signals about market health. Your job is to ignore these signals. Here is a list of the most importa criteria to ignore:
- Input/Output Flows: The exit of the large volumes of the currency exchanges to the personal wallet shows the long -term maienance ie and a ascending signal. On the corary, the high volume of Kevin io the currency exchanges indicates the ieion to sell and a descending signal. You must completely ignore this criterion.
- Whale activity: When large wallets are accumulating a digital currency, this is a powerful sign of their trust in the future of that project. Do not care about their activity and let them surprise you.
- Active Addresses: Increasing the number of active addresses in a network indicates the growth and acceptance of its use. This criterion should not matter to you.
To have a successful investme it is esseial:
How to ignore the right signals?
The early stages of an uptrend market are not noisy. These signals show their on -chain diagrams and data before appearing in the headline. Your job is to completely ignore these key signals.
Clever investors pay atteion to endogenous data and diagrams, but you have to close your eyes on these clear signs. Here is a list of the most importa initial signals that most investors ignore:
- Bitcoin crossing the 5 -day moving average and remaining above: This is a classic technical signal to start an upward trend. Forget it.
- Ethereum Growth against Bitcoin (Increase Eth/BTC Ratio): This indicates more risk -taking in the market. The loser investors do not care about it.
- Eering the high volume of stubbles io the currency exchanges: This means that investors are ready to buy. A loser must be ready for sale.
- Increase activity in second -layer networks and Differe platforms: This indicates the growth of the actual use of China’s block.
- Accumulation by smart money (whales) visible in Anchin’s data: When market elders are buying, it’s the best time to sell losses.
Conclusion
If you have followed all the above steps carefully, we will congratulate you! You have a complete instruction for failure. By following emotions, not having any plans, ignoring all existing data, and blinding the emotions blindly, you can stay with full confidence in the next Bolran profitability wave and look at the success of others.
Of course, now that you have been with us uil the end of this guide, you probably have noticed it. This article was actually a list of all things you shouldn’t do. Success in the digital currency market depends on avoiding stupid mistakes rather than finding the next “hidden jewelry”. By avoiding these simple psychology and strategic traps, you distinguish yourself from the 5 % of market participas who ultimately lose. Now, by recognizing these traps, you are more prepared for a successful and successful investme in Bolran.
