I was speaking with my partner today, and she was feeling unmotivated to get to work. She had not sold any of her artwork in a while, and the bills kept piling up. To make it worse, someone scammed her of 11 Eth. To make matters worse, she invested approximately $500 in a yield protocol.
We were just testing the protocol to see if we could make more money later on; unfortunately, the yield has been poor, though we may still make money later on. To cut it all short, If her 11 ETH were not stolen she could have been in profit of $33k by now.
Obviously she didn't buy any crypto, and over 50% of coins were pumping. She could have invested some money in a coin two or three weeks ago, but if I had told her last week to do so, she might not have listened.
She is currently regretting not throwing even the smallest $200 on any coin, and she is already concerned that she may have lost everything.
I told her that these were the initial pumps and that there might be a correction by Sunday or Monday and she could try again, but she did not seem to be listening.
She's a literal newbie when it comes to investing, and even after giving her a little tips, she still didn't pay attention. Here's what I predict: in the next month, she will have even more regrets because I told her to wait for corrections before buying, and she didn't.
This is how typical retail money behaves: they regret their first opportunities, but then fail to correct their mistakes, and then go on to repeat it again, and before they eventually correct their mistakes, they will be buying close to ALL-TIME highs due to FOMO, and then become exit liquidity.
The market disrupts your mental health and causes emotional bursts, causing you to behave erratically.
I was speaking with someone today, and they mentioned something very important, to which I responded by saying that even the biggest or highest level of financial coach will not survive the trauma of the market's rollercoaster, unless they are holding only Bitcoin. 2025 is beginning to play out like 2021 not in terms of price of pump action, but in how people are literally making the same mistakes of 2021: selling out of fear that the market won't pump, pivoting to another coin, hoping to do x50, only for the initial coin to pump.
I've seen this pattern again recently.
If you look around, you will notice that many people are selling their old coins and switching to new ones that are pumping.
It's the classic market behavioral pattern that was popular in 2021, and it's even worse with the "no altcoin season" analogy that's been going around since MARCH.
This market has not even begun to mess with your mind, unless you are into memes, BTC and ETH, and possibly SOL, PENGU, and XRP. There have been no noticeable changes in the alternative market that have resulted in widespread happiness or joy. It's pivot season, and what do I mean by that?
This is when people's convictions are put to the ultimate test. The fear that the bull run is over, or that they will not make it, is why many people are quickly switching sides. Obviously, I will not give anyone advice on what to do. Pivoting has its advantages, so do not let anyone tell you otherwise, but it also has consequences.
Holding on to what you have can have consequences as well.
So everyone is their own financial advisor at this point, but one thing is certain: the market's fireworks have yet to begin.
However, it will probably be too late, as up to 80% of people could have sold their bags. I am using my recent market blogs as a form of lesson; hopefully, I will be able to go back to them someday to see if most of my calls were correct.
Interested in some more of my posts