1Confirmation Founder: In a bull market, excessive hype is a contrarian signal; a large and steadfast community of believers is the strongest signal

2024-11-22 21:34

BlockBeats News, November 22nd, Founder of 1confirmation Nick Tomaino posted on X, stating, "The most valuable lesson learned from the past bull market is that excessive hype is often a contrarian signal. When the majority is clamoring, it usually means they are not confident in their own positions and will sell to you at the first opportunity. A large and steadfast group of believers is the best signal."

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