If You’re Getting Tired Of Crypto, Here’s Why: Mad Crypto Alpha With Ivan By Benzinga

admin

Benzinga – by Ivan Crnogatić, Benzinga Editor.I’m Ivan and welcome to my weekly column Mad Crypto Alpha.In this week’s issue: – The real reason you may be getting tired of crypto – Why you should not give up on crypto just yet – How the pros deal with the crypto rollercoaster The Real Reason You…

imageBenzinga – by Ivan Crnogatić, Benzinga Editor.I’m Ivan and welcome to my weekly column Mad Crypto Alpha.In this week’s issue: – The real reason you may be getting tired of crypto – Why you should not give up on crypto just yet – How the pros deal with the crypto rollercoaster The Real Reason You May Be Getting Tired Of Crypto A lot fewer people want to read Memecoin Supercycle Part 2 compared to the first Memecoin Supercycle story.Even Tesla announcing Dogecoin (CRYPTO: DOGE) adoption doesn’t get you excited anymore.Many who boarded the rollercoaster are getting tired of all the loops and are getting off again.I get it.Look what happened in the last month alone: Cryptotwitter rollercoaster cats & dogs are the future ➡️ market has peaked ➡️ war!: it is over! ➡️ gcr saving the day ➡️ it is over again! ➡️ hong kong etfs will save the day ➡️ gcr was wrong ➡️ 40k coming ➡️gbtc net inflows, hoera ➡️ we are so back ➡️ memes are the future… pic.twitter.com/VE1U9HvlNa — Tim (@Tim_4444) May 5, 2024 The crypto markets are as reliable as Gen Z’s spending habits — living on the edge just to feel something.

The real reason you’re getting tired of crypto is because even though nothing serious has happened, the notification tsunami feels like you’ve missed out on the world collapsing and miraculously bouncing back three times over in the last weeks.The crypto markets take you on an emotional rollercoaster ride that makes many (figuratively) puke and never return.[here](#)or [remove ads](/ad-free-subscription?source=desktop&medium=article_ad).So maybe you want to check out of crypto entirely at this point.But that would be a mistake.

And here’s why.Read Also: Tesla’s Dogecoin Adoption Sends Crypto Market Into Frenzy, Meme Coin Surges By Over 21% Why You Should Not Give Up On Crypto Just Yet It’s hard to ignore this pic.twitter.com/RtA8RxUKmS — Nakamotolisk.eth (@Nakamotolisk) April 24, 2024 Are we already in the complacency or anxiety stage? Bitcoin (CRYPTO: BTC) is already up over 3X from its bottom.Meme coins like dogwifhat (CRYPTO: WIF) have gone from zero to billions.

Scammy influencers have absconded with $150 million in presales they have never launched.But, as always, it depends on your perspective.You can interpret the same graph in a different way: “A recovery is possible” https://t.co/MlI1r3jllD pic.twitter.com/WCQ25hXJbv — pixel (@spacepixel) May 1, 2024 For what it’s worth, crypto influencer Miles Deutscher agrees with the latter reading.He sees the absence of massive retail interest, the lackluster returns of most altcoins and the short cycle length as reasons why this rally is starting, not ending.I tend to agree with that.Here’s what I wrote in last week’s column: “Long-term, I see the combination of (geo)political instability, fragmentation, loss of trust, digitalization and demographic change pushing Bitcoin up and to the right.

And meme coins as white-collar online sports betting alternative with it.” None of these trends will change any time soon and a bit of market panic before FOMC meetings has become the norm in recent months.[here](#)or [remove ads](/ad-free-subscription?source=desktop&medium=article_ad).The takeaway: The repeating loops on the crypto rollercoaster ride may be making you sick, but you should see this as pain is weakness leaving your body.To help you survive this madness, here are some golden tips from experienced crypto rollercoaster pilots.

Read Also: ‘Dogecoin Killer’ Shiba Inu Burn Rate Spikes 800%, Crypto Market Rallies As Sentiment Soars And More: This Week In Cryptocurrency How The Pros Deal With The Crypto Rollercoaster The same is true the other way round.A fat daily red candle, and it’s suddenly all over and crypto has been a scam all along.Defeating this FOMO is what the best traders and investors master.As veteran trader Pentoshi puts it, “Markets always humble the arrogant.Always.

Be humble or be humbled.” A few things that I think make the best traders.The ability to defeat their own greed.Once I finally realized this I gave back way less and had much fewer round trips.I think greedy people in the end on a large enough time scale lose everything.Their gains are temporary… — Pentoshi.

Leave a Reply

Next Post

23 Elevator Pitch Examples to Inspire Your Own [+Templates & Expert Tips]

Whether you're introducing yourself at a networking event, telling new colleagues about your business, or pitching to another professional — you want to capture attention and get it fast.In situations like these, you need a short and easy-to-grasp explanation of your company and its products, like an elevator pitch. In this post, we'll discuss what…
23 Elevator Pitch Examples to Inspire Your Own [+Templates & Expert Tips]

Subscribe US Now