The Start Of A Rally or A Warning

The markets are a crazy thing and while people will try and predict it based on charts and technical I believe all of that has gone out the window when Robinhood was released and then the bull market of 2020 in crypto.

Instead of trading done between a few people that managed money for everyone else it became easy for ANYONE to start trading and do these people look at charts and such? A vast majority don't and instead just jump on what they think is the next thing to make them profits.

Let's take for example the recent PEPE craze.

To be fair I called this one roughly a week ago and dumped some into it. Honestly I think markets move more on emotion now over any real core fundamentals for the most part because it's your mom and pop, kids and every day people trading for the most part now.

Sure doge coin is fun, shibi was fun but pepe... Pepe has a long and strong history and it's popularity as a meme has only grown. This to me singled something people would want and ape into because PEPE memes themselves have been trending. Combine that into the launch of a token and BAM you got the perfect mix of a very real massive gain shit coin.

The first arrow is when I noticed pepe and picked up a small amount just for fun. The second is when I went in with a decent buy. That puts myself up 300% on my largest order. Now will I order anymore PEPE HELL NO! But that's what most people are going to do and then play that hodl game. I've I think learned my lesson and instead will take 300% gains any day while leaving some in there for that just in case.

This is how crazy markets are anymore though. It's more of a popularity contest over actully providing anything of real value and good. This always worries me though as it feels like a cycle that constantly repeats itself and the cycle is only getting faster.

That cycle is something trends the markets rally and shit coin after shit coin along with shit projects launch and at some point it just blows up in everyones face.

The question now is are we on the start of the bull run everyone was expecting?

It very well could be.

For one people are sick like legit sick of the SEC and goverment including myself for overstepping and telling people what they can and can't do all the while providing a worse system themselves.

The USD now has decent competition around the world which it never had before.

A rather massive full scale war is being fought in Ukraine and to be fair it pretty much is WWIII when you think about it. You have two even sides for the most part just being pumped with weapons and goods from around the world, a new financial currency hitting the global markets from the other half of the world and cyber warfare at all time highs.

You also have major banks just being crushed right now and the entire faith in the USD at an all time low including banks.

So is it really so crazy to say that people might start feeling the crypto is the better bet here and the start of our next major bull run? I have a feeling it's not and this is just the start of it all.

What are you thoughts?