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RE: Mini Crypto Program Part 2|| “How Psychology Influences Market Cycles" by @n-chris

in STEEM FOR BETTERLIFE3 years ago

Dear @n-chris ,
Thank you for participating in this Mini Crypto program, I really appreciate your good intentions and your efforts in understanding our practice this time.

Here is an assessment of your practice;

Quantity
Score
Originality
2/2
Compliance with Topic
0,5/2
Clarity of Language
1/2
Quality of Analysis
0,5/2
Plagiarism
2/2
Grand total
6/10
  • You explained your understanding of FOMO and FUD well, but FOMO occurred not at a Bearish peak, but a Bullish peak, where FOMO predicts that they will be richer if they buy at this peak, thinking that the green candle stick will continue to rise, even though this is the level where the bears started. Whereas FUD is the opposite of FOMO.

  • FOMO and FUD are not always above or below the candle stick, they are an understanding where they want to get rich suddenly and are afraid of falling into poverty. For beginners, we should choose the profit and loss must have a ratio of 1:1, so that we will not lose direction.

  • Thank you very much, we will waiting for your next exercise, and we will waiting you at the season 4 of Crypto Academy. 👍💪

Has been assessed by;
@liasteem
@steem.education

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