💸 People are refusing to sell – how will we grow?
Friends, it's likely that some altcoins have been sitting in a drawdown in your wallets for a long time, and you're thinking: "I'll hold until the end, growth is inevitable!"
On one hand, this is a valid statement, but what if most people are thinking this way, and the rule "95% of people lose money" has stopped working...
🔤 Over the past month, the market has been delighting us with many positive news, but the charts continue to slide down, and there's a feeling that people aren't selling at all, but just holding their positions.
Trading volumes on leading CEXs significantly
dropped in February — the total spot volume fell by 21%.
Notably, Upbit lost 46% of its total volume, and Kraken saw a 27% decrease.
📊 Traders are either refraining from trading during the current correction, waiting for a growth wave, or they’ve already built up spot positions and are just observing. But in any case, they need an uptrend.
Try answering this question: What kind of news event could suddenly push the market up now? — It’s difficult to say.
A lot has already happened that we would not have believed just a year ago — theoretically, the market should be in much better shape.
But perhaps, this is exactly what will force the market to finally clean itself up and enter a growth phase?!
🔎 Let's consider a scenario that currently seems quite realistic: Bitcoin is at $80,000, and it continues to drop to $70,000, dragging the entire market with it.
At the same time, many news stories come out: approval of staking on ETH-ETF, the start of quantitative easing, approval of ETFs for SOL and XRP, etc.
It’s easy to imagine what’s going on in people's minds: "That’s it, altcoins are dead. The market is full of positivity, but we’re only going down — it seems better to sell and preserve what’s left."
📥 The probability that the rule "95% of people lose money in the market" no longer applies is practically zero.
The key is to adapt it to current conditions.
In this cycle, we might see how key news will only start to play out after a few months. We’ve seen this happen many times in history.
For example, in November 2008, the Fed announced a large-scale asset (bond) buyback, but the S&P 500 continued to fall for several months after the announcement — recession fears were stronger.
Only in March 2009 did the powerful bull run begin, lasting for years. It took 4 months for the market to "believe" in the positivity of QE.
❕ Yes, the market is falling — it's tough. If you sell now, you might buy back lower, but are you willing to sell at a loss? Patient and flexible investors always win in the long run 🔥
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