Trading human psychology | @CopeCabal
Sweden
Joined July 2024
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Bitcoin is showing exactly why holding only makes sense if you got in early.
If you got in somewhere in the middle of the chart or you’re buying at today’s prices, you’re better off taking profits, buying back lower and repeating.
The days of blindly holding everything forever are over.
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Just a reminder for when the next big pump comes.
When everyone starts screaming new ATHs and the entire timeline is bullish, that's when you should start selling.
And when everyone is screaming that it's over and crypto is dead, that's when you should start planning your next buys.
So are people dumping Nvidia because Jensen had an affair or because the new CEO is a woman?
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Everyone on this app be like
“Mihao isn’t organic, they will stop shilling it in 2 weeks. It’s only at 27m, Pumpfun and Ansem got no motion”
Then they go straight to shilling their next “Pepe potential” that they’re gonna bagwork so hard.
Tops at 11k mc and they give up after 2 hours because some wallet holds 3.15% of the supply so it’s not safe.
You can’t make this shit up.
The problem with this market is that KOLs and big accounts have become so used to getting everything served to them. They expect to get paid, get supply deals or just launch the coins themselves.
Back in 2024 you would actually see KOLs and big accounts joining your coin's group chat and bagworking with the community.
This rarely happens anymore especially with social trading. Now it's not only KOLs behaving this way but even the good traders.
Hopefully Mihao can change this.
The coin sat between 20-80k for 3 whole days before going to 200k, then took another 10 days to go from 200k to 1m before reaching 20m.
So before you start calling this another forced push, you're completely wrong.
You guys know me by now. I would call out any forced slop I see, but this is the first coin in a very long time that I believe grew organically.
Sure maybe some KOLs bought huge amounts of supply at 1m, but that's not the same as these KOLs bundling a coin to 1m themselves.
There's a big difference between people discovering a coin that's already growing and insiders launching a coin just to dump it on everyone else.
And as the ancient Chinese saying goes:
"if you don't believe in the cat, put the chopsticks up your ass and let the wisdom enter from below"
You might be thinking "oh mihao is topped here at 2m" but what you forgot is that China has a population of 1.5 billion people and an estimated 50-60 million cats.
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Boomers and Gen X literally just had to exist, get a job, buy some property and stocks, and not blow all their money on drugs and alcohol to build wealth.
They benefited from decades of asset appreciation, then turned around and told younger generations they just need to work harder, while dumping their overpriced stocks, gold and properties on us.
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People want to bagwork and hold, so let’s redeploy 50 different narratives about bagworking and holding, vamp them all and then scream on Twitter that nobody knows how to hold or bagwork anymore
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Y’all think I might be joking, but it’s becoming pretty clear to me that Asia is going to dominate the future. China will end up leading the world next.
So I’m front running this by positioning myself early, securing a strong floor and blessing my future kids with Chinese genes.
As I’m typing this, I’m learning Chinese and eating all my food with chopsticks.
You guys can fade the Asian meta, I’m thinking generations ahead.
I think the Community Members who been holding their Memecoins for the last 2 years might have a slightly different opinion on this.
