Don't fall prey to the Cycle of Regret...

We have likely all heard of the bitcoin halving cycles by now...

You know, where the block rewards get cut in half and BTC rallies for 2 years, and then corrects/consolidates for the following 2 years, before basically repeating the same process over again.

Well there is also something known as the Cycle of Regret...

Check it out:

(Source: https://twitter.com/BTCSchellingPt/status/1272115804713054208)

It basically revolves around these 4 year halving cycles and how each cycle gives an opportunity for astute investors to buy, but also keeps many people out, due to this cycle of regret...

How does it work?

It's very simple really...

People see bitcoin shoot way up and feel they missed the boat, so they don't buy it then.

Then, months later they watch it retrace something like 80% of that move and they say they don't want to catch a falling knife and don't want to buy into this fierce bear market.

For that reason, they don't buy still.

Then, bitcoin eventually bottoms and does another moon shot, which of course they missed and don't want to buy into...

And so the cycle goes on and on and on as bitcoin makes higher low after higher low after higher low never letting them get in...

Don't fall prey to the Cycle of Regret!

Stay informed my friends.

-Doc

Posted Using LeoFinance