The "Green" Sentiment: A Realistic Dopamine Level In Crypto

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·@josediccus·
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The "Green" Sentiment: A Realistic Dopamine Level In Crypto




![png_20230112_070011_0000.png](https://i.imgur.com/PfcLGSG.png)



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It's been showing tiny bubbles of green in the crypto market for the past three days now and surprisingly the deepest and biggest of *FUDster* are coming to celebrate. This is majorly proof that the thin line between bearish and bullish situations is just human sentiments. 

I've been spending time on Twitter for about 2 months on a bounce now, following the SBF story, in a bid to be educated and informed, but it's definitely too easy to be informed and educated without being *FUDed* In the process, even if it's just slightly. Over these periods crypto took the maddest dip I'd ever seen since the 2018 bear market, and believe me, the FTX collapse wasn't as psychologically dampening as the *FUD* itself.


 > Long story short, the start to the new year hasn't been bad

.........**crypto seems to have been seeing some little greens here and there** This isn't anything significant because we're still in murky waters even at 17k BTC, but the psychological dopamine of seeing green in the market has started the Twitter exodus of **"bull market"** suddenly people who predicted 10k are now talking about a bull market.

 I find this aggrandizing because it's always the emotional buzz that shakes the whole stability of things.  For example, Bitcoin was at 16k and everybody was already predicting a potential dump to 10k, and now Bitcoin is at 17k and people are talking about a bull market.


 **Logically, this is just under a 1k increment, which to me is largely insignificant, if we're going to be judging how we have fallen from an ATH of 69k**

However, it's difficult to establish an aura of logic to people who are crypto owners, I don't know if this is a phenomenon with people who are Bitcoin maximalists, because these guys are not really used to utility, use case, buying into decentralized application, hence, they're majorly driven by the thrill of price.

 However, the most disappointing part of it is that these guys are the ones who bring in the millions, dump it straight into BTC and begin their emotional rollercoaster, selling their sentiment, especially since they also command a huge following on Twitter.


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### The Impact Of The Market Millions

 The truth is that the people with the millions are the ones whose beliefs are taken for the truth when it comes to crypto. So many of these guys are considered to be gods because they've brought some massive fortunes into crypto. I'm not saying they don't deserve all the worship and all the attention, after all, they're integral to Crypto, all I'm saying is that sometimes, the assertions of these people are often based on ice-cold sentiments which they easily influence on their millions of followers.

 It's quite easy for these guys to complain about the price, after all, it's not easy to watch your investment decline and not feel the emotional surge, but if big crypto owners are *FUDDing,*  it creates even bigger ripples across smaller investors, causing some massive market actions.


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### In Crypto, Ripple Effects Creates Bigger Hollow

 However, I'll not get into the intricacies of this. One unpopular opinion is that I feel that if people who are bringing the millions into Crypto can do their research and  DCA into alt projects, they'll still keep their millions in the bear market, while being busy with the use cases that come with these other alt projects, thereby creating a mental balance. 

Because it's mentally unbalancing to start thinking of the bull, when there's just been a 1k increment in the price of Bitcoin, while it was all gloom and doom when the price was 1k lesser. This is just proof that when predictions are not fully based on history or chart actions, then they're purely from the sentiments of the person who is predicting it.




 > **People sell sentiments based on fear or happiness**

.....*for what it's worth*, we might start seeing red in the market tomorrow and it now becomes a hanky panky game of predicting bullish tendencies when there's a tiny green in the market and doom when there are tendencies of a dip in the market. 

Although this makes sense to an extent and while I feel that sentiment and emotional Affiliations are necessary in crypto, I think too much of it makes us key into the price actions so much that we might reach a maddening level of *FUD* or *FOMO* one day. From a lighter perspective, I do think Twitter is the place to be if you're a crypto enthusiast. 

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### Twitter Seems Exciting Again


This is because you'll learn over time, you'll develop the skills of perceptive filters and understand how to muddle through the myriads of information to get that which is true and educative. However, I've come to understand that it's a space where you can choose what you came for and over the past few months I've seen people tweeting unthinkable things because they're trying to attain a sort of courage.

 It's crazy how these people are now calling for a bull market. I think we still have a lot of months to slowly move up and consolidate, we're still in murky waters and can still dip, saying BTC might hit 30k before the end of the year is still believable. This is because we're clearly still not in bullish trends because I feel the cleansing is still not complete.


 > **But don't get me wrong seeing green is a psychological booster**


 It's not the percentage in the increase of the price per se but provided that there's a slow constant green in the market, people might begin to throw in Money again because there's a positive movement. This is why I say it's majorly a sentimental impulse. To me it's not the percentage increase in price that people are getting excited about, it's actually the feeling of seeing green on the market after a long time. 

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*This isn't to say I'm not happy*

 **hive is moving** as well and I'm even happier because people who bought at 26 cents can take some profit and enjoy the fulfillment of making profit even in bad market situations. Overall, I'm happy because I think we've neck deep in *FUD* for a long while and these *small greens* can give us a little relapse. 

However, this is just to say, we've taken sentimental predictions to be logical because we're scared and it's difficult to think straight from that position. One thing I'm hoping for in 2023 is that we can see some steady momentum in price, in other to keep the positivity going till the end of the year. 




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