In 2017, about 60% of the masses jumped into cryptocurrency trading and cryptocurrency investment with ponzi scheme mindset.
This was as a result of the predicament people recorded in ponzi schemes. This made a lot of people not to study the historical cycle of crypto. People kept on taking profit, even the amateurs can trade too. Lol.
Now in 2018, a lot of people were sent back to their village cos the crypto market was moving opposite to what they expected.
But the professionals took time to take profit during the whole excitement in Q4 of 2017 and Q1 of 2018 cos they knew the cycle.
While those who joined the system in 2017 were crying back to village, some other people were busy positioning equity into some pretty good projects to hold for the next few years to come.
Now, in crypto world, we have two phases:
Accumulation phase in crypto is when there has been massive sell off and the market goes down to maintain some equilibrium. During the accumulation phase, whales and investors buy large volume of good project to wait for the distribution time.
Distribution phase is when the market start moving up gradually followed by the fundamentals around it. The media it talking about it, everyone wants to buy cos nobody wants to be left out.
This is what happened in 2017. It is a year of distribution. Have accumulated from 2014 to 2016.
Now, bull run is that moment when the market start going up. Bull run normally comes when all hope has been lost. A lot of people has been rekt. Some has deicded to leave crypto. This is cos they have refused to get knowledge.
The bull run does not happen by magic. It takes zig zag movement of the market to rise.
My advice to anyone who wants to lambo in the next bull run is to seek for more knowledge on the steps to take now.
You can contact us on more details and good projects to target.
Crypto has come to stay. It is the future.
Therefore embrace it now.
