Carl Jung says: People think more dangerously when they are not alone.
If we adapt this to crypto: Buying the trending asset at the top. Panicking when everyone is selling. Finding courage when everyone is entering.
Reality: The majority is always late. Money flows to the patience of the minority.
Why does the majority always buy at the peak? Because the collective unconscious produces fear at the bottom, and euphoria at the top.
Good night 😌
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Carl Jung X Crypto :)
Herd Mentality & Collective Unconscious
Carl Jung says:
People think more dangerously when they are not alone.
If we adapt this to crypto:
Buying the trending asset at the top.
Panicking when everyone is selling.
Finding courage when everyone is entering.
Reality:
The majority is always late.
Money flows to the patience of the minority.
Why does the majority always buy at the peak?
Because the collective unconscious produces fear at the bottom, and euphoria at the top.
Good night 😌