Ep 004 What is the Psychology of a Market Cycle and What Happened to Terra LUNA? (Part I)
MAY 14, 202242 MIN
Ep 004 What is the Psychology of a Market Cycle and What Happened to Terra LUNA? (Part I)
MAY 14, 202242 MIN
Description
It's very easy to let our emotions get the best of us in any market, and crypto is no different. That's why it's so important to try to understand what part of the Emotional Market Cycle we're in, and not make emotional decisions when investing. In this episode we talk about the psychology of a market cycle and show you the Wall Street Cheat Sheet also known as the Emotional Market Cycle. We give you the rundown on the fall of Terra LUNA and what people are saying happened with the depegging of UST stablecoin. We dive into bitcoin halving, the four year cycle and how that affects the crypto market as a whole. We also give you some tips that experienced investors use to help keep their emotions in check and tools they use to make educating and rational decisions when making moves in the market, including a brief intro of Fibonacci levels. Lots of gold nuggets in this episode! So, grab a notepad or your favorite note-taking app, put on your listening ears, and let's talk crypto! If you enjoy this, please leave us a rating and review so we can reach more who are looking for this crypto education! Thank you for doing your part! ππ½ Join the ever-growing Crypto Takeover community! You can join our Discord server by clicking the link below. Make sure to say hi ππ½ in the guest-chat and let us know you're joining from the Crypto Takeover Podcast π! We'll see you in there! π± Crypto Takeover Discord (a.k.a. Elite Entrepreneurs) πΊ Crypto Takeover YouTube Channel (episode videos) Want to reach out to us directly or follow us on social media? Here's a few ways to do so: β Click for Mike Newby's Instagram β Click for Mike Newby's Twitter β Click for Brad Lambert's Instagram Be sure to let us know you heard us on the Crypto Takeover Podcast π! Disclaimer: We are not financial advisors. No information spoken, displayed, portrayed, or inferred within or from this broadcast should be considered financial advice. This is for educational purposes only.