Is following the crowd a safe path or a path to the abyss? With the survival instinct that makes people feel secure when doing the same as others, but in the financial market, the crowd is often wrong at the most important moment.
๐น When everyone euphorically buys a coin due to good news that is exactly when liquidity peaks and whales start distributing
๐ธ Conversely when the crowd panic sells due to bad news that is when the market runs out of supply and prices are about to bounce
๐น To win you need to train critical thinking and be brave enough to go against the crowd when technical indicators and on chain data support it
๐ธ Dont let peer pressure in groups make you change your trading plan because your money is your responsibility
Do you usually feel safer doing what everyone does or having your own path?
This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.