I need to share now about a massive mistake that people are making in cryptocurrency. This can happen in any asset class.
I know, I did this too. It was a big mistake that I made last year the year before. So this is something that you need to pay attention to, and it’s happening right now. Almost well, I’d say the majority of people in crypto are making this mistake right now.
I can back it up with proof, and I’m going to write about also towards the end a couple of reasons to be very bullish on the crypto long term. So this will be a very concise post I would stay through to the end because there will be some pieces of information that you’re going to pick up on that you probably haven’t thought about before now.
What is this mistake that a lot of people are making much? They’re making a mistake similar to what I’ve made in the past, and this can lose you out on 10% of gains in the stock market.
It can make you lose out 100% in the cryptocurrency markets. It can make you lose out 100% in the cryptocurrency markets.
What is this mistake? I try to explain it. It is waiting until cryptocurrency pumps do the research, and that sounds obvious, right.No one would do that. We’re all in the crypto space; we know not to buy things when they’re pumping. But let me show you most people are still doing this.
So, you can see Bitcoin here on Google Trends. When did it peek out? When did most people look up Bitcoin? Well, you can see back from about January beginning of the year to about May
So when was Bitcoin’s price going up? Did you see it? It has pumped up a lot at the beginning of January. I mean, heck, it went from 20.000 halfway through December up three weeks later and doubled to 40 000, and then it pumped all through May, and then it dropped off. That’s when many people were searching up cryptocurrency two or Bitcoin specifically, and it went up significantly, and then it’s dropped off.
what’s happening to Google search Trends? Well, halfway through May, we saw it at the highest it’s ever been, and then we also saw it pumping up right now. Read More...
Categories: CRYPTO 101 GUIDE