Human beings make decisions based upon emotions and then attempt to justify those decisons based upon facts. Personallly, I do my best to try to look at the ying and yang of every aspect of life and business, to see both side. I do my best to look behind the curtain, gather facts, and to not make emotional decisons.
The chart and info below I pulled from my foavorite crypto newsletter. Milk Road
I hope this will be a valuable reference piece for our teaders.
It’s Wall Street’s Psychology of a Market Cycle. It shows how investor’s feelings change throughout market cycles.
And with everything going on, we’re curious…
How are you feeling about the markets?
Hope: A recovery is possible.
Optimism: A rally is coming.Belief: Time to fully invest.Thrill: I’m telling everyone to buy!Euphoria: We’re all gonna be rich.Anxiety: Why do prices keep dropping?Panic: Oh sh*t. I need to abandon ship.Anger: WTF!! Who let this happen?!Depression: Money gone. Retirement gone. What now?Disbelief: This is a sucker’s rally.
