According to several theories in economy, cycles repeat themselves.
It's true for #CRYPTO as it is true for S&P 500.
They are the repetition of human psychology behaviors.
The more you get experience in Bitcoin / Ethereum / Altcoins investment, the wiser you will be and you won't care about what cazy bullish and bearish guys spread on internet.
Being able to distance yourself from all that toxicity of the CRYPTO news, is a superpower, especially when you are used to check the BITCOIN price on Coinmarketcap for example.
You need to get the habit of mental hygiene to succeed in the NEXT BULL RUN phase (in 2024 or 2025), and you will need to take some profits.
Remember that so much people have bought the previous Top in November 2021, and until now, they are waiting for better days because they have applied the "BUY and HOLD" principle, which itself is a good principle... not sufficient, as you need to get your gains, and not let them as "unrealized gains"
A bias is to believe that the trees have leafs that are never going to stop growing until the sky.... WRONG, they don't.
Take care, thumbs up, comment, and follow me for my contents.
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Take care
