THIS IS NOT A FINANCIAL ADVICE
The oldest and strongest emotion of mankind is fear, and the oldest and strongest kind of fear is fear of the unknown.
H. P. Lovecraft about Bitcoin.
I am continuing to study 👩🏻🎓 the charts and indices 📊 of the crypto market and today I am introducing the NUPL. NUPL (Net Unrealized Profit/Loss) looks at the difference between Unrealized Profit and Unrealized Loss to determine if currently there is profit or loss. More info on NUPL on Glassnode Accademy.
Today I looked in the mirror 🪞 and ask myself if I was happy. I have already explained the problem of female emotions here and the answer was 🟡. I have not simply gone crazy since I discovered that there are colors that indicate emotions in the crypto market I cannot do without them anymore. 😁😏
There are in fact five possible emotional states:
- 🔵: Euphoria ✨. "I will become a millionaire with only $100 investment. In a couple of days I will go and buy a wonderful bag from Bottega Veneta 👜". P.S .: If any of the readers in a euphoric state want to give it to me a present, write it in the comments that I give you my address of Algorand because happiness lies in sharing! 😁
- 🟢: Happy. Green is the color of hope, of nature in its pristine state, it is the color of happiness. "I feel good about myself! 🤗"
- 🟡. Anxiety. "Oh my God, what will my future be 🔮? Will I find a decent job 👩🔬? Will i get married 💍 to prince charming 🤴🏼?"
- 🟠. Fear. "Things are about to go wrong 😰, I have to stay calm 🧘! It is necessary to breathe slowly and think about positive things 💰! Maybe we can do it! "
- 🔴. Capitulation. "It's the end! I lost a lot of money that I could have done a lot of things with 😡! I was wrong I didn't have to invest in crypto 🪣, I had to buy physical gold 🪙 or use it to go to the plastic surgeon!"
Now we come to the analysis:
THIS IS NOT A FINANCIAL ADVICE. The graph is quite clear: I have to buy when there is 🔴 and sell when there is 🔵. Now I am on the 🟡/ 🟢, I have to wait for almost all the 🟢 to pass. Whales 🐋 simply use our emotions to cheat us and we must try to anticipate their strategies ♟️. I will evaluate what to do towards the end of this month of October 🎃. For more info please read my previus post.
I will write an article on mental manipulation 🤯 in the future.
XOXO
Gaia ❤️
