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people are so infatuated with fading crowds
which is exactly how many end up missing out on obvious rallies, or buying into weakness just before accelerated selloffs
every extreme market movement requires the participation of the crowd,
and so the crowd is often right.
but being vocal about direction is easy; executing is hard.
so Bitcoin could go to $1M this year and most of the crowd would get liq’d on the pullback to $600k.
do you understand?