All of a sudden everything in the market just started moving up and it looks as if a change is coming to the market. This is the first time the altcoin will move without any crazy movement from BTC. Most of my crypto holdings have been going up and the main reason why this feels different is because the market doesn’t have to respect BTC movement. It’s not as if the market hasn't been moving but btc has to go up first.
I posted a theory a few months ago, where I talked about how the movement of Ethereum will determine the upcoming bull market, and just like I said in that post as soon as Ethereum starts moving that is when we are going to see a major movement from the market and that has been the case so far. I’m very happy that this is happening, especially for people who are holding Ethereum because the price of Ethereum has been the same for the past four years, and seeing that it breaks $4000 at last brings joy to my face.
Investment is boring
This is the time you see a lot of people putting their money back in crypto because major altcoins are now moving. Most of these people want to make quick money and you will see them sharing their dreams of buying a Lambo with you. I don’t have any problem with this because even if they make money, they’re not going to make the same money as those who invested in the market when the market is boring. All of these people only follow excitement and they are going to leave the market when there is nothing that excites them anymore.
People who make the most money in the market are people who invest when people are scared and skeptical, and when the future of the market seems unclear. Those people buy very cheaply they invest when there is no excitement in the market, they invest when everything is boring. People thought they didn’t know what they were doing with their money, but they are simply positioning themselves for the bubble. Just like Ethereum holders who have been holding this going for four years without significant improvement now that things are finally happening in the market, the excitement grows this is where you will see people coming in and investing their money.
Build endurance
One thing people don’t know is that if you can master investing when the market is boring for a long period you are building your endurance in the market. If you can do this one thing it guarantees you’re going to make money at the end of the day because this endurance is what 90% of people who want to make money from the financial market don’t have. Investing for a long period builds endurance and your portfolio, which means you will understand the market better and also make more money in the process.
Thanks for your time.
