lmeow ATH

yeeeeeeow

patience is alfa

JUST IN: $100 billion asset manager VanEck says their Bitcoin price target for this cycle is $180,000.

@WatcherGuru

something something crank up risk when trend reverses and derisk as the cycle plays out

whereas now the trend just reversed and everyone trying to derisk out

then when the market continues showing we go higher then you wanna crank full risk on back at higher prices

1) what

realised my message might be a bit confusing

tldr; don't be so fearful when the market just shifted from chop to trend

you are still conditioned to the chop and wanna play every correction only to buy back higher eventually

nows the time to be risk on, not months later

don't overthink it

and this is why normies outperform in a bull market because they just buy and carry on w daily life without giving a shit

ive already heard stories of normies joining the past few days already up bands

all they did was buy and hold

the market conditions the animal to expect mean reversion precisely at the time that the market shifts from mean reversion to trend

traders win in chop
holders win in trend

Think at least for the next month you probably don't wanna touch your coins that you're bullish on a longer time horizon

i remember when we started trending last year from 25k to 73k

after every pump i was like, "no way right? has to retrace"

btc was like uhhhh NO. HIGHER.

and this repeated on and on for weeks

i even tried shorting expecting a correction but everytime it just gets blown out

i think most of us underestimate how quickly a momentum asset like btc moves

when it trends it really TRENDS

in my head was just "retrace now?"

and we only got 1 20% flush which was swiftly v-shape reversed up

only one significant dip after weeks before continuation