I've watched 3 bull runs destroy millionaires. Here's the pattern they all missed:
Everyone thinks they're smart enough to ride the wave and exit at the top. They're not. And you probably aren't either.
Here's how it ACTUALLY goes down:
đ» Phase 1: The Graveyard
Market's dead. Your bags are down 70%. Everyone you know sold at a loss and swore off crypto forever. But look closer - wallet data shows whales accumulating. Smart money is buying while blood's in the streets. You? You're too scared to even look at your portfolio.
đ Phase 2: The Creep
Price action starts getting interesting. Breakouts happening. Volume's building. Technical traders are positioning. Nobody's talking about it yet. No hype. No headlines. Just pure, boring accumulation. This is your last cheap entry - and you'll probably miss it.
đ Phase 3: The Awakening
NOW everyone sees it. Your timeline explodes. "Crypto's back!" Media coverage returns. FOMO kicks in like a drug. Your cousin who called you stupid for holding? Suddenly wants your wallet address. Prices go vertical. You're making money in your sleep. This is where most people think they're geniuses.
đ Phase 4: The Delusion
Absolute insanity. Every shitcoin is pumping. Your Uber driver's asking about altcoins. People are quitting jobs. $1M Bitcoin predictions everywhere.
Reality check: When the shoe-shine boy gives stock tips, it's time to sell. But you won't. Because "this time is different."
â ïž Phase 5: The Silent Exit
Whales are dumping on your head. Volume's weird. Pumps are weaker. Something feels off.
But retail? Still buying every dip. "Diamond hands!" "HODL!" "Just a healthy correction!"
It's not. The smart money already left the building.
đ Phase 6: The Slaughter
The rug pull hits like a truck. -30% days. Liquidation cascades. Portfolio obliterated. The same people screaming HODL? Vanished.
Your "generational wealth"? Gone. Back to square one.
Here's what separates the 1% from the 99%:
â They buy the fear (Phase 1-2)
â They sell the greed (Phase 4)
â They don't fall in love with their bags
â They take profits even when it feels wrong
The game isn't about being right. It's about not being stupid.
Most of you will read this, nod your head, and still make every mistake listed.
Don't be most people.
The next cycle is loading. Are you actually ready, or just pretending?
Drop a đ„ if you've been rekt before and learned the hard way.