So back in the day it used to be a joke in the bitcoin community as to how many headlines would announce "bitcoin is dead." Every time there was a 10% drop. However once the institutions got involved the tone was reversed and the populace was subjected to news articles imploring everyone to get on board of course followed by sudden drops and the usual fluctuations.
So back in the day it used to be a joke in the bitcoin community as to how many headlines would announce "bitcoin is dead." Every time there was a 10% drop. However once the institutions got involved the tone was reversed and the populace was subjected to news articles imploring everyone to get on board of course followed by sudden drops and the usual fluctuations.
This exactly. Couple superbowls ago we had Matt Damon doing crypto commercials, hyping everybody up, then BAM.... bear market.
Sell when the dumb money is buying and buy when the dumb money is selling, No matter what the thing being bought or sold is, you'll seldom go wrong.