Why Notcoin's Crash Is a Good Sign
60sChallenges the panic narrative and offers a contrarian take that sparks curiosity.
▶ Play Clip"The title promises 'x's' and 'weak hands being knocked out,' which the video delivers, but it's padded with a lengthy hypothetical example and repeated warnings, making it slightly oversold."
This video analyzes the recent price correction of Notcoin (NOT), a Telegram-based tap-to-earn token, and explains the market psychology behind it. The creator argues that the decline is a normal correction, not a scam, and that experienced investors are using it to accumulate tokens from 'weak hands' before a potential rally.
Newcomers to crypto, who entered due to hype, view the price drop as a scam, but experienced investors see it as a standard correction for a token only weeks old.
Notcoin is the first token of its kind to be earned for free by tapping in a Telegram game, making it a pioneer that others like Hamster Combat will try to replicate but likely never surpass.
The creator warns that beginners who buy Notcoin expecting quick riches will likely lose money, as the market is not easy money and involves risk.
In crypto trading, when you lose money, someone else gains it; it's a transfer of wealth, and beginners are often prey for more experienced traders.
A hypothetical scenario: a user with 30,000 NOT tokens sees their value drop from $300 to $159, then rise to $300, illustrating emotional decision-making and the 'weak hands' phenomenon.
While amateurs sold during the dip, professionals bought, leading to a price increase to nearly 3 cents, showing how market makers profit from weak hands.
Weak hands are investors who sell or buy on emotion at the slightest price change, making them easy targets for market manipulation by large players.
A long-term strategy with money and risk management is essential to survive market volatility and eventually profit.
Notcoin's price will likely follow Bitcoin's movement, as all altcoins tend to do, and its future depends on market psychology and news.
Bitcoin's limited supply (21 million) and lack of administration make it a deflationary asset, which supports its long-term price growth, a trait Notcoin shares with its capped supply of 102 billion.
Notcoin's creators abandoned the smart contract to ensure a fixed supply of 102 billion tokens, meaning no new tokens will ever be created, which could drive price up when demand increases.
The token's supply and holders can be verified on the ton-vver website, with most tokens held by exchanges and a 1% allocation to Pavel Durov, who promised to hold until 100x.
The team's Twitter indicates the project is not stopping, suggesting more positive news ahead.
A potential Bitcoin drop to $50,000 could affect Notcoin, but the creator views this as a buying opportunity, not a reason to panic.
Market makers aim to accumulate tokens from weak hands during corrections, then drive the price up, causing those who sold to buy back at higher prices.
The market uses psychology to force investors to sell low and buy high, a pattern many have experienced.
Technical analysis figures don't always work; if they did, it would be easy to profit or manipulate the market.
The current accumulation phase could last weeks or months, depending on Bitcoin's growth and the altcoin season, when smaller altcoins rally after major ones.
The creator speculates on the possibility of Notcoin reaching 100x, which would put its market cap at $160 billion, between Ethereum and USDT, though he considers 10x more realistic within a couple of years.
A 10x increase would place Notcoin in the top 20 cryptocurrencies, with a price around 15-16 cents, which is plausible given overall crypto market growth.
Most projects like Hamster Combat are scams riding on Notcoin's hype; only a few may bring profit, but none will replicate Notcoin's success as the first of its kind.
The video concludes that Notcoin's correction is a normal market event, and while there is potential for significant gains, success requires a long-term strategy and understanding of market psychology. The creator advises viewers to be cautious and not expect easy money.
What is the 'weak hands' phenomenon in crypto trading?
Investors who sell or buy on emotion at the slightest price change, making them easy targets for market manipulation.
07:38
What is the total supply of Notcoin?
102 billion tokens.
10:24
What is the significance of Bitcoin's limited supply?
It makes Bitcoin a deflationary asset, like gold, which supports its long-term price growth.
09:43
What is the 'zero-sum game' concept in crypto trading?
When you lose money trading, someone else gains it; it's a transfer of wealth.
02:36
What is the market maker's goal during a correction?
To accumulate tokens from weak hands, then drive the price up, causing those who sold to buy back at higher prices.
12:52
Zero-Sum Game
Explains the fundamental transfer of wealth in trading, a key concept for beginners.
02:36Weak Hands Definition
Provides a clear definition of a common trading term, useful for understanding market dynamics.
07:38Limited Supply of Notcoin
Highlights a fundamental aspect of the token that could drive its value.
10:24Market Maker Tactics
Reveals how large players manipulate the market, a crucial insight for retail investors.
12:52Technical Analysis Limitations
Challenges the reliability of technical analysis, encouraging a more holistic approach.
14:05[00:01] rapidly decline. Going straight to the starting point, which caused a lot of negativity among investors, like how is it all a scam and so on, but this is mainly said by newcomers to the world of cryptocurrencies, namely those people who came to the market
[00:15] because of the note, who do not understand how the market works in general. And what is this constant emotional swing just like your ex. In general, the collapse is a scam, everything is lost, but experienced investors understand that the coin has only been around for a few
[00:30] weeks. And this price decline is just an ordinary correction. So let's figure it out. What's the point? You
[00:44] Many bloggers and experts began making videos, and these videos began to gain a lot of views, which is clearly related to the popularity of this token. In my video, I will try to fit all the most useful and essential information
[00:57] that you need to know. You popularity did not arise out of nowhere. And because many people realized that you can make money here and that there are still opportunities here, although many similar projects have appeared. Most
[01:11] of them, of course, see. There are more and more of them appearing, well, here's a booster. It became exactly not Coin. This is the first token of its kind that was possible to get for free in the game simply by tapping the screen with your finger. Everyone else will just
[01:25] try to repeat this success. Perhaps some project will succeed, for example, like Hamster Combat, but I repeat, the success of the very first project will most likely never be surpassed by anyone, and here, in my opinion, lies a great
[01:38] danger for beginners who decided that by buying not Coin they can quickly become millionaires. At the moment, even taking into account this correction, not Coin is still trading in the plus if you count from the starting point from the moment of listing on the
[01:52] exchanges. But even with all this, you will not be able to make money easily and quickly in this market, and with a high probability you will only lose your money. As a rule, it is not customary to talk about this. Everyone only talks about success. Success, cars,
[02:07] yachts, gold watches. But as soon as an ordinary beginner comes to trade on futures or on spot, it does not matter, then we hear only negative stories about how many people were left with nothing, how they lost money, borrowed loans,
[02:22] in general, a bunch of horror stories about how easy and simple The market took their money. The problem with people is that they don't have an understanding of the market. They don't understand what's going on here. They don't even know why the price is rising, making them
[02:36] good prey. For more experienced traders. If you're a complete beginner, I'll tell you a secret. When you lose your money trading cryptocurrency, someone else gets this money. Money simply
[02:50] flows from one hand to another. And if you made money on cryptocurrency, then somewhere there's a person who lost on cryptocurrency. You kind of outplayed him and took his money. This is, of course, a slightly simplified concept.
[03:04] Everything is a little more complicated, but the main point is this. I'm saying this so that you understand that this is not easy money. You won't be able to make money on Notes that easily. But after
[03:16] watching the video to the end, you will have a certain clarity about how everything works here and how you can still make money. Just don't forget to please like this video and subscribe to the channel.
[03:30] Thank you very much to everyone who put it. Let's continue. Now let's imagine that in the Note game that was on Telegram, you ultimately received 30,000 tokens, the amount was actually much higher, but the developers held
[03:43] a vote before the listing about how many zeros to cut off from the amount. And the majority voted for three zeros. These zeros were cut off for everyone, but the value itself, of course, did not change. There were just 30 million of you, and now there are 30,000. Well, on the
[03:57] day of the ling in May, your 30,000 notes began to cost $300. Of course, the price per token rose to almost 3 cents, but you most likely would not have been able to sell the account there. It was going on for minutes, if not
[04:13] seconds. But at a price of 1 cent per token, you would have been able to sell it, but let's say you decided not to sell and keep the tokens for yourself. What if you thought that the price would only rise? Right? Yeah, but already towards the evening of the
[04:27] same day, a collapse occurred and your deposit is less than $200. At a price of 0.065, it would have been $195, and then over the course of several more days, the price began to decline all the time. May 17, 2018 19 and
[04:45] so on and already on May 22 the price per token fell to 0.005 319 And your balance is now 159 dollars, which is almost two times less
[04:57] than at the beginning. For a beginner, this is very difficult to observe and he begins to devote thoughts about selling the existing tokens until the price fell to 150 or, God forbid, 10 dollars is better. So, than 10 dollars, he will think, and on the other
[05:12] hand, 160 dollars is not so bad, I have to work at the factory for a week for such an amount and decides to sell all the available note tokens. Then, a few days later, the price fell to 0.045 And this would have been 135 dollars if
[05:28] he had not sold. In principle, he would have thought about it well and in general, how smart he is that he did not wait and saved the money. In general, a handsome man. But the next day, the price begins to rise and the next day, and further and further, and
[05:41] grows and grows and reached the mark where the deposit was 300 dollars. This is exactly the mark where people decided to sell or not. And after the recent fall, when the balance The temptation to sell the tokens has resumed and is very strong, and
[05:55] indeed many people have started selling tokens. At this point, our factory worker was left with the Thomas effect, with the effect of lost profits. This is just a drop in the bucket compared to what will happen next. As I
[06:08] already said, many amateur traders were selling here, and the professionals were buying it all up, and after this accumulation stage, growth occurred as a result. Tokens begin to slowly rise, those who sold are buying at a higher price, and the price rises even
[06:22] higher and higher, all the way to the mark of almost 3 cents per token. If our factory worker had not succumbed to emotions and kept the tokens, he would now have $900 at the peak here. Well, okay, maybe not at the peak, maybe a little lower, it would have been
[06:37] $800. Perhaps he, as a person who has already figured out a little, figured out specifically the technical part of how to sell and buy, was constantly monitoring the price, and the famous freshwater monster, the toad, began to choke him. He
[06:52] realized what a mistake he had made, he could have not sold. And hold and as a result, he could, in a fit of passion, buy at this mark. Well, what will he say? Growth has started and now I’m like, Oh, how much I’m going to earn? I know everything, I understand,
[07:08] earn? I know everything, I understand, and yes, he was in the plus for several days, everything was fine, but now the decline has started again, the price is falling and falling and has already reached the purchase mark, has already gone below, and our young man from the factory is sincerely
[07:22] perplexed. Why did this happen? As if some kind of curse is on me, he will say. When I buy, the price falls, when I sell, the price rises, then heat, then cold, these emotional swings don’t even let me sleep. Why did this happen? This is a fairly
[07:38] common phenomenon, the so-called weak hands. These are people who are strongly confirmed to be manipulated by the market, they sell or buy an asset on emotions at the slightest change in price in fear of failure, like here, and
[07:51] since these people are confirmed to be manipulated, and the crypto market is very manipulative, I have already spoken about this, no one monitors it, unlike the market where you can go to jail for manipulation, so large players take advantage of this and
[08:05] knock out those very ones. Weak hands from the market, as a result of which the asset begins to grow, therefore you need your own long-term strategy. Only a money management and risk management strategy will allow you to stay afloat all this
[08:19] time. And if you stay afloat, then believe me, you will be in the plus in any case. Now, as for the future, a note if we open the chart for the week, then the horror was blown away by the correction I saw. And if we open the chart from
[08:32] the very beginning. Well, it’s not bad. The price has grown even taking into account the correction. Where the price will go next is hard to say because this is a new token and how it will behave is still unclear. In many ways, its movement depends on dad, that is, on
[08:47] Bitcoin. In general, all altcoins basically repeat the movement of Bitcoin because it is the most important cryptocurrency in the world and not Coin will also repeat its movement to one degree or another. And if you have a question why, then look at
[09:02] this entire chart. All price formation is human psychology, only people. They themselves form the price. If they believe in the project, they will buy tokens of this project or cryptocurrency. And because of this, the price will rise. But if they
[09:17] lose faith. They'll start selling off this project, and as you might guess, the price will fall. That's why the crypto market reacts so strongly to the news. News can be manipulated very well, which is what they
[09:29] do from time to time. If we fully open the Bitcoin chart, we'll see that the price is constantly rising, and we're actually at a historical maximum. There have been ups and downs, and that's it. They're often linked to the news, but
[09:43] I repeat, the price is constantly rising, and nototka has something in common with Bitcoin that helps it grow all the time. Okay, look, Bitcoin has no administration, meaning no one can change anything, and it also has a
[09:57] limited emission, meaning it's already been determined in advance that there will only be 21 million bitcoins, and it won't be possible to print more. This is a deflationary asset, like gold, and because of this limitation, the price will constantly rise, unlike
[10:11] limitation, the price will constantly rise, unlike
[10:24] Ton blockchain, and the creators of this token abandoned the smart contract and decided that there would be a limited emission of 102 billion notes, which is very good. By buying this token, we now know that new tokens will never appear. That is, theoretically, when the
[10:40] crowd starts buying, its price will rapidly rise. And believe me, there is a reason to buy this token. For those who doubt it but know how to read the code, this can be easily checked on the ton-vver website. All information is
[10:55] publicly available. You can also see the holders of ton holders here. The majority do not belong to the Coin Foundation. 20% of many wallets are not signed, but I think it is clear that these are cryptocurrency exchanges. If you don’t know,
[11:10] your cryptocurrency that is on the exchange is stored in the exchange’s wallets, not in your wallets. That is, the keys to the wallets are only with them. Keep this in mind when you want to store a lot of assets on the exchange and not in your
[11:24] wallet. Here is another signed wallet of Pavel Durov, he has 1%, if you didn’t know, these tokens were given to him by users of Not Coin. He promised that he would keep them He promised that he would keep them until Not Attention gives 100x.
[11:38] additional servers for his Telegram. Here are several more signed as exchanges. A If we click on this Random wallet, we can see all the transactions, who transferred to whom, where, and how much. Here we see a large
[11:54] number of transactions. A minute ago, how much? 2 minutes ago, in short, 100% - this is an exchange wallet. Let's go further to learn more about the Project. About TCO, we go to the team's Twitter and read what awaits us next. As we see, the
[12:10] project is not going to stop, and I am sure that there will be even more positive news. Now about the most important thing: where will the price go? First of all, as I already said, a lot depends on the movement of Bitcoin. Now on the market, we are
[12:23] seeing such a correction and Bitcoin. It may well fall to 50,000. God forbid, of course, but it is quite likely and this may affect the note itself. But by the way, this will be very good news. Buy more tokens at a good discount. This is
[12:39] not investment advice. In general, you make all the decisions yourself and be responsible for everything yourself so that no one is to blame. So, this correction will remove weak hands from those people who received these tokens for free, that is,
[12:52] who received these tokens for free, that is, Which one? The market maker's task is to have Which one? The market maker's task is to have more emissions from these people, so the decline And when they have more notes, they will send the price very high And those
[13:04] people who sold here at the bottom of the market will fly in again at prices higher than they sold, saying that I sold it in vain This is a new promising coin And in general, it will cost 20-30 cents Well, you understand I hope that it will not be you,
[13:20] just understand that this is how the market works And this is all psychology to force you to sell cheaper and buy more expensive And if you thought that this is all nonsense and no one does this, then I am ready to bet that each of you at least once had such
[13:34] thoughts and someone could listen to them and take such actions And if this trend is so long and exhausting, then many people will simply snap, their patience will snap After all, everyone thought that the price would now fly into space
[13:48] now they will quickly make money Well, yes, yes, such people will sell their tokens and smart ones will buy more I am not hinting at anything, drawing some ineffective Not to mention Technical analysis figures on Bitcoin do not
[14:05] always work. Do you want to draw a note on some token in your other videos? I already said that if technical analysis figures worked, imagine how easy it would be to earn here and the opposite. If they worked,
[14:18] imagine how easy it would be to manipulate all of you. Think about it, so we are waiting. When this accumulation period ends, I cannot tell you how long it will last. Maybe a couple of weeks, maybe a couple of months, maybe even
[14:33] longer. This largely depends on the growth of Bitcoin and, most importantly, on the altcoin season. This is when the percentage of altcoin growth will be several times higher than the growth of Bitcoin. First, large, well-known altcoins will grow, and then, last of all, these
[14:47] capitalization. Personally, I will only buy more and please note that we have not seen any strong drain at this start. And this means that someone is constantly buying a good sign. How many x's can 2 3 5 give, or will there even be 100
[15:03] can 2 3 5 give, or will there even be 100 x's, as Durov said. Well, look, isy is the multiplication of the current price. That That is, if we say that the token will grow twice, it will be two x's. If it is now worth 0.015, multiply this by two and
[15:17] get 3 cents X3 X5 X10, that's all. Similarly, if we say that the GCD can give 100 x's, then we multiply this number by 100 and get 1 dollar 50. The
[15:29] same is with capitalization. Capitalization is the total value of the Capitalization is the total value of the asset. Now the capitalization of notes is 1.6 billion. This means that at X100, its capitalization will be 160 billion dollars. This is somewhere between
[15:43] ether and USDT. What do you think? Will not be able to rise to the top 3 cryptocurrencies? Write your thoughts about this in the comments or write. How many x's can not really give notes? I think that 10 x's is quite possible, not right away, of course. And within a
[15:58] couple of years, if it gives 10, then the capitalization will be 15 billion, this is between Dogecoin and Cardano. If this seems unrealistic to you, then think about the fact that cryptocurrencies will go up. Not only not and everyone's capitalization will grow,
[16:15] you understand, and 10 x on notok put it not in the top 10 cryptocurrencies as if it grew alone, but in the top 20, this is despite the fact that it will give 10 x in this case, its price will be about 15-16 cents per token, no matter what, this is not financial
[16:30] advice, I repeat, make all purchasing decisions yourself. As for other similar projects like Hamster Combat and others, I already said in my video about the hype of the year, but I repeat that most of them are an absolute scam that exist
[16:46] only because of the hype that not Coin created. Maybe some projects will bring you profit. But this will be a unit. No one will be able to repeat the success of notok because notok was the first of its kind. The rest will only
[16:59] try to repeat its success. If you liked the video and it was at least a little useful for you, be sure to give it a like. And also subscribe to the interesting and useful videos. In the description under the video there will be referral links to
[17:13] by registering through these links. You will receive discounts on trading commissions and bonuses. For registration, as well as gift boxes, go to [link]. And if you have n't registered yet, register. All videos about registration are on the channel, and there
[17:28] will also be links to my social networks in the description. Thank you all for watching, see you in the Thank you all for watching, see you in the next video. Bye everyone.
⚡ Saved you 0h 17m reading this? Transcribe any YouTube video for free — no signup needed.