Crypto Traders Turning Elsewhere to Scrape For Profits!
๐ด Are crypto traders & investors checked out? Based on social data across crypto social media circles, the focus in January has turned from: ๐ค Week 1: Minimal
แจแแแแฅ แแญแญ แ แญแฐแแแข DYORแข
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๐ด Are crypto traders & investors checked out? Based on social data across crypto social media circles, the focus in January has turned from:
๐ค Week 1: Minimal discourse as traders return from holidays (Crypto rises while traders sleep)
๐ฅ Week 2: Gold discussions erupt as the precious metal reaches new all-time highs (Crypto rises along with it)
๐ช Week 3: Bitcoin interest suddenly surges as prices retrace and retail tries to buy dips (Crypto plummets)
๐ฅ Week 4: Silver prices erupt and break new all-time highs as traders FOMO in (Crypto ranging for now)
๐ Cryptocurrency traders are well known for jumping between different sectors within digital assets based on the latest & greatest hype cycles (eg. memecoins vs. ai vs. blue chips, etc.). But now, retail is proving to be open to jumping sectors entirely, with social data showing how gold, silver, and even equities are getting more and more interest based on wherever the latest pumps appear.
๐ง Remember that when crypto retail begins FOMO'ing in, that's generally where tops appear. Case and point was today, when silver set records by surging above 102.70 just 2 hours later after retail hype peaked. To trade successfully, try to go against the grain of where the crowd is looking.
แญแ แจแแแแฅ แแญแญ แ แญแฐแแแข DYOR.
