Understanding Market Cycles (The Emotional Rollercoaster!)
MARKET CYCLES This part is especially for anyone feeling the need to buy cryptos as soon as possible. I’m adding this bit here from my advanced guide because it’s highly important that anyone “needing to buy right now!” understand what a Market Cycle is first. WHAT GOES UP MUST COME DOWN. I want to make this as clear as possible: Markets must take a breather, especially after going up too high too fast (as in parabolic moves) or just moving relatively up and up for a long stretch of time. If you don’t think the price will go down again, think again. Maybe not quite as low, maybe lower. But it will follow a “market cycle” of sorts. MARKETS GO UP AND DOWN. Be patient and calm. Do not worry about missing out. THERE ARE ALWAYS GOOD BUYING OPPORTUNITIES. Let the market come to you. This well-known Market Cycle chart is truer than you may think. Find it online. Print it out. Never forget it. Here is an even simpler version: You tell a newcomer t...
