04-25-2023, 09:37 AM
Is this the toughest phase of the market?
<!-- SC_OFF --><div class="md"><p>We’ve likely all seen the famous “Psychology of a Market Cycle” image that does the rounds every now and then</p> <p>Optimism, belief, thrill, euphoria, complacency, anxiety, denial, panic, capitulation, anger, depression, disbelief, hope …</p> <p>There’s debate as to where we are currently, but with BTC as first-mover currently the best performing asset of 2023, many would argue we’ve moved into the disbelief/hope area, as we come to terms with a devastating 2022</p> <p>It got me thinking. Is this “disbelief” - off the back of a year-long ocean of red and loss - potentially the toughest phase in market psychology?</p> <p>Panic and capitulation you can rationalise. You can continue to significantly lower your average. Thrill and euphoria you can resolve to learn from past mistakes. Sell and not just screenshot</p> <p>And yet for me it seems the shoots of green after a long, tired and finally accepted boredom can be toughest. This taste of hope could be the start of sideways action for a year before a true breakaway rally commences. That takes patience and grit. A Finnish friend once called it ‘sisu’</p> <p>I’d be curious to hear your thought ?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Pure-Stellar"> /u/Pure-Stellar </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12xxs3k/is_this_the_toughest_phase_of_the_market/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12xxs3k/is_this_the_toughest_phase_of_the_market/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>We’ve likely all seen the famous “Psychology of a Market Cycle” image that does the rounds every now and then</p> <p>Optimism, belief, thrill, euphoria, complacency, anxiety, denial, panic, capitulation, anger, depression, disbelief, hope …</p> <p>There’s debate as to where we are currently, but with BTC as first-mover currently the best performing asset of 2023, many would argue we’ve moved into the disbelief/hope area, as we come to terms with a devastating 2022</p> <p>It got me thinking. Is this “disbelief” - off the back of a year-long ocean of red and loss - potentially the toughest phase in market psychology?</p> <p>Panic and capitulation you can rationalise. You can continue to significantly lower your average. Thrill and euphoria you can resolve to learn from past mistakes. Sell and not just screenshot</p> <p>And yet for me it seems the shoots of green after a long, tired and finally accepted boredom can be toughest. This taste of hope could be the start of sideways action for a year before a true breakaway rally commences. That takes patience and grit. A Finnish friend once called it ‘sisu’</p> <p>I’d be curious to hear your thought ?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Pure-Stellar"> /u/Pure-Stellar </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12xxs3k/is_this_the_toughest_phase_of_the_market/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12xxs3k/is_this_the_toughest_phase_of_the_market/">[comments]</a></span>