1confirmation founder: Over-hyping in a bull market often serves as a counter signal, while a large and firm-believing community is the best signal
On November 22, Nick Tomaino, the founder of 1confirmation, posted on platform X stating that the most valuable lesson learned from past bull markets is that excessive hype often serves as a counter signal. When most people are making noise, it usually means they lack confidence in their own holdings and will sell to you given the chance. A large and steadfast group of holders is indeed the best signal.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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