03-16-2023, 03:09 PM
Why does every pump these days feel like beginning of the bull run?
<!-- SC_OFF --><div class="md"><p>First, I want to know if is it just me loosing my mind, tired of bear markets over past 18 months or are there more of you who are feeling this?</p> <p>Everytime, there is 10%+ pump in the market, the mind starts to believe bull markets are here!! Lots of people (mostly shady) start to tweet how bears are dead and amazing times are back. Lots of excitement and energy around. Every green candle feels like the ring to bull run and small red candles annoy. Mood swings to happy, confident and an almost investing genius.</p> <p>Where is it hurting? Sometime ago, I convinced myself that markets will remain turbulent for next 1+ years so it’s time to ride the pump and dump waves. Imagine selling ETH at $1650, buying at $1350 and then selling at $1750?? Of course, nobody can really time the market but there is enough swing often to create some spread. BUT the moment market goes up by 10%, hands freeze to execute sell fearing missing a 500% rally that may come in the following days!!! Of course, it all ends with a dump next day until the next pump.</p> <p>How are you dealing with this market?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Sharp_Tank05"> /u/Sharp_Tank05 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11s8uq8/why_does_every_pump_these_days_feel_like/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11s8uq8/why_does_every_pump_these_days_feel_like/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>First, I want to know if is it just me loosing my mind, tired of bear markets over past 18 months or are there more of you who are feeling this?</p> <p>Everytime, there is 10%+ pump in the market, the mind starts to believe bull markets are here!! Lots of people (mostly shady) start to tweet how bears are dead and amazing times are back. Lots of excitement and energy around. Every green candle feels like the ring to bull run and small red candles annoy. Mood swings to happy, confident and an almost investing genius.</p> <p>Where is it hurting? Sometime ago, I convinced myself that markets will remain turbulent for next 1+ years so it’s time to ride the pump and dump waves. Imagine selling ETH at $1650, buying at $1350 and then selling at $1750?? Of course, nobody can really time the market but there is enough swing often to create some spread. BUT the moment market goes up by 10%, hands freeze to execute sell fearing missing a 500% rally that may come in the following days!!! Of course, it all ends with a dump next day until the next pump.</p> <p>How are you dealing with this market?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Sharp_Tank05"> /u/Sharp_Tank05 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11s8uq8/why_does_every_pump_these_days_feel_like/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11s8uq8/why_does_every_pump_these_days_feel_like/">[comments]</a></span>