$BTC
Last time I received this much hate was at 80K during the bear market rally. Price kept pushing higher against my short position, which eventually played out.
The same thing is happening now, except I'm on the opposite side. I'm very bullish, yet price keeps pushing lower against my long positions and spot buys.
I always position slightly early. Catching the exact bottom isn't the goal. Catching the bigger move is.
I'd much rather have some positions sitting in a couple of percent of drawdown while being positioned for the next major expansion than sit on the sidelines waiting for the perfect entry and potentially miss the entire move higher.
The strategy hasn't changed. I'm prepared to be early, I'm prepared to sit through some volatility, and I'm prepared to hold for much higher prices.
Time will tell. 🃏 #BTC Price Analysis# #Macro Insights#
Last time I received this much hate was at 80K during the bear market rally. Price kept pushing higher against my short position, which eventually played out.
The same thing is happening now, except I'm on the opposite side. I'm very bullish, yet price keeps pushing lower against my long positions and spot buys.
I always position slightly early. Catching the exact bottom isn't the goal. Catching the bigger move is.
I'd much rather have some positions sitting in a couple of percent of drawdown while being positioned for the next major expansion than sit on the sidelines waiting for the perfect entry and potentially miss the entire move higher.
The strategy hasn't changed. I'm prepared to be early, I'm prepared to sit through some volatility, and I'm prepared to hold for much higher prices.
Time will tell. 🃏 #BTC Price Analysis# #Macro Insights#
