The way things really are

[Psynthax]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat,

This is it but people are also in demand to shorting it and they ended up being loses caused by their mistake. The believers of the project will always believe if that is still undervalued. that's why they try to take the risk by buying it at the peak price with the hope if the price can go even higher than before. They never learn from the mistake created by others. This must not be followed by others or even newbies.

don't believe the hype sell people shovels instead, I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

When the hype is done and the whale will be gone. You must also remember that if there will be someone who make million from trade and then there will always be also lots of people lose thousands or even hundreds thousands of money. The percentage must relatively high compared how much people winning the game.

[1714668308]

1714668308

[1714668308]

1714668308

[YinShuiSiYuan]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead, I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

There is a lot of truth in what you wrote, but I have seen a few financial bubbles before and the truth is that when we are in the middle of a bubble, unfortunately we are not able to say what stage we are at. It may be that we think the hype is high, but we may really be at the very beginning of the bubble.

[goldkingcoiner]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead, I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

The only way you can find something new is by building on top of something old. This is really the standard rule for everything. Science builds on old science, math builds on old math, new inventions build on old inventions. If you think that copy pasting something new is the way to go, you would be very very wrong.

Instead of chasing the new stuff and chasing the popularity crowd, you should concentrate on building something yourself. Something people might like, might not like or might not care about. If your new thing gets hyped, lucky for you. But don't demand luck if you don't get hype.

[og kush420]

All rich people say you should buy when the price goes down and sell when it goes up. In every financial market, prices rise and then fall. It is very difficult to determine which time to buy and sell is best. Fortunately, the price of Bitcoin has been rising steadily over the years, so I don't think it will change for a long time. So HODL and you will be satisfied.

[harizen]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead, I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

That really happened.  Just do your best next time.

It's a tough challenge to go with the flow regardless of the trend. Things aren't that easy. You have to think outside the box or much better to totally remove the box. Find out what's the best thing to do in order to have a good long-run journey here in the crypto-world.

Good luck to you and to those who have the same thinking.

[bitkanu]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead,

True. Popularity = pump.
If there was a coin becomes even more popular and that means the price of such coin is increasing straight with its popularity. That means popularity = demand to buy the tokens. This game is being used by the whale to fool the small traders. The whale was pumping it and then market will pay awareness into such coin and that will make small traders and buyers move to pour their money to the whale that already prepared to dump their coins to the market.

I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

yeah but this can be done only by wealthy people as they have unlimited money to did pump and dump while the small traders and poor guy have small money that can't be used to invest in so many things. This is why buying when coin gets traction was a very bad decision that can be taken by anyone.

Even when that statement is correct, how many traders/investors actually follow that rule.

The winner will alway follow that rule. I can say we have less winner compared to the losers in this case.

Now the market has dumped quite a bit and all you still see people post in here is the market will still go down some more and most are not thinking of buying this position right now until they see green market again after they must have missed the bottom then everyone starts to jump in again and that is the same thing with every other coin until they become popular.

They have been missing the buying opportunity. Waiting for the free market to happen is the worst thing right now. You can't even sure whether that was a bulltrap or not. that's why taking the dip will always become the main decision that can be taken. The newbies are waiting for the signal but they didn't even know when that will happen for sure.
It's hard to predict but there's no choice as this is how they can make money from the market.

[aruldaroy]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead, I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

That's only half true. Yes you're right that you missed the initial gains, but there's still money to be made if it's a legit project. Maybe not 100x, but 2-3x should be possible

Yes that's right because there are also many people who have successfully joined projects that are really legitimate and promising and they also always make money.
Even though you can't get rich quick, you can be profitable.
The advantage is always there even though not at the beginning maybe at the end.

[michellee]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead, I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

That's only half true. Yes you're right that you missed the initial gains, but there's still money to be made if it's a legit project. Maybe not 100x, but 2-3x should be possible

Yes that's right because there are also many people who have successfully joined projects that are really legitimate and promising and they also always make money.
Even though you can't get rich quick, you can be profitable.
The advantage is always there even though not at the beginning maybe at the end.

The key in this matter is research because if you can do that and get the right project that you can use as your investment, you will make money and have the potential to become rich. Becoming rich is a long-term target, while if you are late, you can start from now because you still have time to do. Money management is important here to become rich because if you can save your profit and use it to search for another potential project, you will become rich and that is just a matter of time before you will be rich.

[joeperry]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead, I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

I'm not sure if I'm going to agree with this one. I think you can still go along with the hype but with extra precaution, I for once managed to make a good profit for a coin that's already been popular and hyped but not all the time. Still I go along with popular coins such as Bitcoin, I'd like to stick with this coin.

[sovie]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead, I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

If you see that a project is hyped and the price is pumped and overpriced, then just don't invest in it. Look for a young project that is not yet loud about on market, research it carefully, invest in it, wait for it to develop and realize milestones, wait for its price to rise, and then realize profits (as rich people do).

[Juse14]

If we want to buy bitcoin at a time when the price goes down and we see there will be a profit someday, then do it. But if we think of people talking about time to buy, it's time to buy it as something that only makes them profit, so don't buy. Back to each of us, because here, in bitcoin or crypto there is no coercion. Because at the time of profit, we ourselves enjoy the results, and when we lose we ourselves feel it.
So here we need to learn first so that we don't just follow other people's words.

[Smitty Werben Man Jensen]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead, I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

If you see that a project is hyped and the price is pumped and overpriced, then just don't invest in it. Look for a young project that is not yet loud about on market, research it carefully, invest in it, wait for it to develop and realize milestones, wait for its price to rise, and then realize profits (as rich people do).

More or less like that and the most important thing is that before joining the project make sure we have done some research first,
we know that in crypto there are many projects that end in scams and of course we want to minimize things like that

[makishart]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat,

None will hated you coz you are telling about the truth. there was a point for a coin to reach its peak price position. People are thinking as long as it has not yet reach the peak price and people are still trying to short it. They didn't care if the coin can dump again anytime. Remember that candle is always moving so fast and it will change the position in any minutes. that being said that if people can be trapped at the peak price as well.

don't believe the hype sell people shovels instead, I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

People are still believing in the hype coz this is how they make money from the market. Rich people will always try to take the advantage in any situation but they didn't even need waiting for the dip as they would able to pump the coin with their money to attract small shrimp to fall into their trap. It's you but they may have different opinion about that.

[Doell]

ahh missing the boat is a common thing mate ,we can sit in another boat with the same goal ! popular coins like ethereum bitcoin are still profitable during bull runs  so actually we can still take advantage on other time ! hype meme that we must be aware because unit that can be dump hard like last year's case ,people there are profits but not a few loses

[sulendra12]

I can end up getting hated for this but it's the plain truth, if something is already popular then you've already missed the boat, don't believe the hype sell people shovels instead, I believe this is the way of the rich people, their perfect strategy that still looks like slavery to my eye

I mean you are true, that is why Shiba Inu and other new stuff getting fame because they are popular by certain factor, it is either from the influencer or because the scheme behind of those coins. Following the hype could be a good thing or not if you don't know when to stop, it's nice to jump into it when you know what to do and can grab some quick profit from there, but holding a hype coin for considered a long time is kind of a bad move.

[Wahyuihib]

every trend needs supporting factors for the road to its success, such as large capital owners and others. Therefore, when a trend is present, we must quickly follow it before it is left behind and does not make a profit.