Amidst the dreary atmosphere of what can aptly be termed a “crypto ghost town,” one’s feelings of depression and frustration are palpable, showcased through the stagnant hourly chart of Bitcoin over the past 10 days. As portfolios sag and the cryptocurrency market seemingly stands still, an overwhelming sense of despondency pervades. The sentiment, or rather lack thereof, has led many to the brink of giving up, to question the point of it all. It’s a sentiment that has been prevalent throughout the bear market cycles of cryptocurrency. Yet, within this seemingly interminable gloom, a nuanced shift in perspective emerges. Those who remain in the crypto sphere have seemingly transcended fear; their disposition borders on indifference. It’s no longer about fearing further decline; it’s about enduring and persevering. The analogy of a ghost town succinctly captures the sense of abandonment that has enveloped the space, but within this emptiness lies a crucial point: the recognition that the choice to remain engaged is less risky than the alternative of disengagement. This perspective shift has the power to alter one’s trajectory in these volatile markets. Exploring this emotional landscape, the video delves into the historical sentiment phases of the crypto market, comparing it to the present, and peering into what might come next. As the video turns to Cardano’s trajectory, the promise of a floor forms a glimmer of hope amid the gloom. This sentiment shift, from depression to action, sets the stage for what might be a pivotal turning point in the crypto journey.
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29 Comments
Lot of money leaving crypto since 6months already.
Part of it is fabricated for institutions to get on board and retail out. Part of it is folks just need the money for daily lives.
One day, retail buys back and prob through the institutions like ETFs.
Retail guy is being played once again and it’s somewhat sad.
Hold if you can and DCA if you can.
I'm glad I got into crypto when I did because it’s been a turning point for me financially, been my best decision so far.
I’m buying $100 a month still 😂😂😂
I'm not gonna be depressed if it breaks down farther. Because I pulled out and I'm waiting for it to Go down
Absolutely! Completely past caring. Hopeful for the future but wouldn't be surprised if further drops
DCA all the way up or all the way down. Next stop 10k ADA bag.
idk man this just feels like a signal for whales to start loading up. if you think that crypto is going to have another run, now is the time to buy.
I am not afraid, i am bored as hell! 😉
Any more down side is just a great buying opportunity for me. I am dollar cost averaging. I could care less how low we go at this point. I’ve been buying since 17k to 29k and hope we come down much more so I can buy at better prices.
We are in the apathy phase…. BTC Zia going to 8k … I don’t see how you can still think we are in a bull market.
Put your buys in low. .17 or lower.
Just understand that this guy is a permabull …. He makes good points when looking at charts… but the wider markets make his arguments look dumb. Don’t get locked into the charts only mindset… look at broader markets.
I have been following you for years now and I really must say you are my crypto soul mate and my favorite content creator! Thank you so much for your content. Speaking right out of my soul every time. Keep up your good and positive work.
People are waiting for big drop too buy back in that made big profits last bull top
Yeah true haha, we got no fear anymore. The bulls have been bitch slapped for years now and they are getting used to it. In fact they have been so abused that they almost ask for more bitch slapping please. Reminds me of my borderline ex girlfriend. The moment she stopped the borderline abuse i stopped trusting her, i wanted her to show some borderline because at least i knew what was coming. The market is like that right now, it does nothing after years of borderline price abuse. Do something ;p. But still, we will break up if you asked me, my indicator still says: "MM 0.44+ cents should be the next target" but… the weekly / monthly says "MM 0.10 cents could be a black swan scenario". Everything screams the price should go up, but that 0.10 cents keeps bothering me
I remember buying ADA Xmas eve 2018 … at about 0.02 …
If everyone assume a bull market in 2024 after halving then why will this happen? Who will buy? this seems to easy?
Look at top 100 BTC wallets and you know what is going on 15% of BTC owned by those wallets then look at top 1000😂 then on top 10000 😂. Pure ponzi vapor and rest are exit liquidity naive ppl that follow bulshit lie narratives to become exit liquidity. Ghost town of useless no demand vapor "coins". Wait for binance leverage next pump thats all it is. Till then whales waiting for most stupid ppl to cheap in.
Dan, thank you for your positivity. I am fairly new to crypto and you are a great help
Im in a distinct "meh" phase. Im just waiting for something to happen. Ive snagged more ada recently abd have funds ear marked if btc gets to 25k or under.
No fear. Just big gigabtic balls! Crash 50% pump 50% im here until 2025.
Diamond hands, big balls, nothing to loose. I know what I hold. 😎💪🙌
Great video but one word *liquidity *
I hodled too long to give up now.
Once I become depressed from crypto I know it’s almost over and I am very depressed about crypto lol
No fear here. I'm buying more when I can accumulating. If anything I'm thankful I have more time to build more. Patience is the game.
great content, i just need to tell you one thing that annoys me since i started watching your channel several years ago. maybe it annoys more people. the face box in the right bottom corner has this light line around it and the light travels all around it. when it reaches the top senction it slows down for a moment and then speeds up again. there's something about it that drives my brain crazy. If it could just continue in the same speed it would be so great. I know there are many people who don't mind it but also many people with ocd who can't look at it 🙂
This is going to be one of the biggest bull runs in history of crypto
Yep I agree. Let’s go mates.
Dan is the man!