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Now that the TOP posts for a month are all negative. I know we are getting a "fools rally "

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by COINS NEWS 158 Views

Firstly as a person who has been anticipating the crash to ~$20k for a couple of months. ~$17k off the back of a USDT implosion. I started buying around $27k and bought 4 other coins. Currently all out of my buy zones so my bags are packed as is

The more posts I see of people calling for the market collapse and the "great recession" the more bullish I become

This is because typically markets move in the opposite direction of what the majority think as it is the minority that controls them. They want you to buy out of greed thinking it's going higher and sell in fear of lower prices

Every single poll I've seen on Bloomberg and various outlets all have 75%+ of people calling for a market crash or recession. That's not how this happens. If it did then anyone could time the market. We would all just trade based on public polls!

Market crashes usually happen when the majority think the party is never going to end. In 2008 you would have been laughed out the building for saying a crash was coming,same during the Dot com crash. Hell remember $100k by end of year in October?

Been bearish for months and when people start agreeing with me in mass I know its over. Thus why I'm now bullish

More importantly we have had nearly 7 months of non-stop selling and 7 weeks of straight sell offs! How much lower do you seriously think it can go with out some kind of fools rally to at least ~$50k?

submitted by /u/GodlordHerus
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