Lecture 2.0.0. The Five Waves of Cryptocurrency

Lesson 105/115 | Study Time: 1 Min
Course: Tertiary SOC
Lecture 2.0.0. The Five Waves of Cryptocurrency
As discussed above, every cryptocurrency, like all other financial instruments, goes through financial cycles. Because such cycles move in a spiral waveform, the cycles are also called Financial Waves. In the Crypto Market, the Financial Waves are known as the Crypto Cycles.

Basically, from the analysis of centuries of human financial activities, there are Five Cycles seen with financial instruments, and cryptocurrencies will not be an exception.

Each cycle is a phase of growth. Each crypto will therefore go through five phases of growth in the Crypto Market.

Most scam crypto projects do not survive beyond the first cycle. Smart investors who know this and want to take the risk in investing in such scam crypto projects, often pull out their investment capital and profits before the end of the first cycle.

You should understand these five waves in a crypto life journey so that you can position yourself appropriately for profiting from the Crypto Market. Knowledge and understanding these five waves constitute the Psychology of the Crypto Market.