Reasons Why You Keep Buying at the Peak of Cryptocurrency
Since starting in 2017, this is the third cycle, and the fact that you are still active in this industry means you either haven't "graduated" or you genuinely enjoy being here. Otherwise, most people have "dropped out," ending their investments or switching industries repeatedly.
As we enter the third cycle, there are recurring characteristics, one of which is that people often get stuck at the peak and can't escape. Analyzing these characteristics, I hope everyone can successfully exit this time.
1. I think my portfolio is my asset.
While managing a portfolio, it's essential to maintain about 10-30% in stablecoins or cash at any given time. This way, you can respond when necessary. However, the reality is that most people have invested their entire amount in altcoins. At the peak, that altcoin portfolio shines. The portfolio shows its peak in dollars or won. When it transitions to a downtrend and starts to fall, people hope it will rise again and hold on, only to end up losing everything. A portfolio that hasn't been liquidated is not my asset.
2. Dopamine is the problem.
Investing in cryptocurrency releases dopamine due to high returns, which gradually makes you accustomed to high returns, melting away the sell button in your mind. During the last bull market, many people jumped into short-term trading, seeing profits in the millions at the peak, only to end up holding various altcoins while their accounts dwindled and finished in the negative. Dopamine is good, but you must avoid soaking your brain in it to the point where it melts the sell button.
3. Cashing out means withdrawing from K-Bank.
Typically, people think of cashing out as holding stablecoins on Binance or @Bybit_Official, or holding won on Upbit. This isn't entirely wrong. However, if you hold in that state, the addiction to dopamine and the urge to buy and sell will result. It might be better to invest in representative tech stock tokens like @xStocksFi on platforms like Bybit, making it harder to exit, or to withdraw from Upbit and transfer to another bank, creating a bit more hassle to slow down your investments.
4. Don’t be swayed by those around you; go at your own pace.
As the peak approaches, various posts start appearing, from "I made a profit" to vehicle and real estate purchase confirmations. The first thing you need to realize when investing is that someone else's seed is just someone else's seed. Jealousy often arises when someone similar to you succeeds. If Elon Musk makes a trillion won in a day, it doesn't affect you because you think he's different. But if your colleague Kim suddenly makes several hundred million won, you feel anxious. It’s tough, but just congratulate them and ignore it. Quick acknowledgment protects your seed and balance. Now, think of your colleague as Elon Musk and that their success has nothing to do with you. You can only successfully grow your seed by investing at your own pace.
5. Reduce the noise.
In a bull market, you must significantly reduce information noise. While many people do make profits from altcoin trading, ultimately, you need to focus on adjusting your portfolio in a timely manner and selling when possible. To do this, you need to reduce noise. Instead of following YouTubers or influencers who rapidly gain followers by repeating the same picks, find accounts that quietly read market trends and continuously warn about peaks and market transitions, even if they have fewer followers.
Wishing everyone successful investments!

Peak Signal Reader
These are the posts that always come up once during the early stages of a bull market. The parts that Dan organized previously are good, and I'm sharing an infographic again about how things change along with additional things to check. Make sure to remember the moments that are judged to be peaks and wish you successful investments!
1. I ask friends I haven't contacted much what I should buy.
2. People who weren't interested ask if those who know I'm into crypto have made a lot of money (usually, they still have their altcoins stuck and I haven't made any money yet, which is the usual reality).
3. I constantly have the desire to take a screenshot of my crypto portfolio on my smartphone (this is a definite peak signal, haha).
4. Moms pushing strollers talk about Doge while taking a walk.
5. I went to a cafe on a weekday and the elderly were talking about cryptocurrencies.
6. The TV keeps saying that Bitcoin is reaching new highs, which is dangerous.
7. Poppy is rising or heading towards a peak (EOS).
8. People start teasing that receiving staking interest on Ethereum (or other coins) is intelligent.
9. There are more channels analyzing charts on YouTube, and the number of subscribers is rapidly increasing.
10. There are particularly many people who say, "Did you do it?" a few days after picking a specific coin. (In a bull market, it's all about circular pumping, so anything you buy goes up...)
11. I suddenly feel like I'm really good at investing. (This is the most dangerous. 99% of investors are not good at investing; it's mostly the market moving, and 1% is reading that market... haha).
12. The tendency for high-risk investments around me is increasing (more people are pulling out deposits and loans to invest in coins).
13. I feel that mining in Korean won is futile. When I think, "What's the point of making xxx million won..." (this is a definite peak signal).
14. On public transport (bus, subway), fewer people are watching webtoons or videos, and more people are looking at charts or have Upbit open.
15. The views on popular posts on Kobak exceed 3-5 thousand.
16. Instead of life concerns, crypto discussions are being pushed to smartphones on Blind.
17. While having lunch in areas outside Gangnam, there are discussions about crypto at more than two tables.
18. The interest rates for USDT/C on Binance, @Bybit_Official, etc., have been over 20% for a long time. (Usually, when this phenomenon occurs, there is at least a short-term correction). Recently, there are also forms of parking funds like xStocks, indicating slight changes in the market.
19. The Kimchi Premium continues to exceed 10% (this part seems to have changed the market situation a bit due to USDT deposits and withdrawals on Korean exchanges).
20. Just looking at my cryptocurrency portfolio makes me feel good and cheerful, which means it's getting close to a peak, so it's a moment when portfolio reorganization is needed.
I hope everyone can significantly increase their seeds and earn the amounts they aim for.

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