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
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
🔥10👍3
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
and this is why normies outperform in a bull market because they just buy and carry on w daily life without giving a shit
👍20
ive already heard stories of normies joining the past few days already up bands
all they did was buy and hold
all they did was buy and hold
👍7
Forwarded from Crypto Mumbles
the market conditions the animal to expect mean reversion precisely at the time that the market shifts from mean reversion to trend
🔥7
Forwarded from UM’s Trading Journal
Think at least for the next month you probably don't wanna touch your coins that you're bullish on a longer time horizon
🔥3
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
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
🔥10
Crypto Mumbles
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…
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
and we only got 1 20% flush which was swiftly v-shape reversed up
only one significant dip after weeks before continuation
👍8
managed to generate more liquidity in the trenches
i will be buying dips
i will be buying dips
👍4🔥4
Crypto Mumbles
one thing im doing now is constantly cashing out bit by bit with every winning trade, maybe about 10-20% of profits while i compound the rest (eg. win 10k, cash out 1k) this does not apply to "long term" bags as someone who is almost all in crypto, personally…
sticking to this
constantly cashing out 10-20% of profits per play
i must remain disciplined even tho im really tempted to try snowball all of it
constantly cashing out 10-20% of profits per play
i must remain disciplined even tho im really tempted to try snowball all of it
🎉9
Forwarded from Grand Exchange V3
Seems like soros was wrong a lot more than druck but sized his winners much more aggressively
🔥1
Forwarded from Grand Exchange V3
When you look back at your PNL over the course of a year you realize most of it comes from a few home runs