I read an old saying and suddenly it matched what’s happening in today’s market.
There’s a principle mentioned in drawdown: the maximum drawdown explains the quality of a strategy better than annualized returns. A strategy with 100% annualized return but a 70% drawdown along the way—when trading live, you simply can’t hold through it. Paper profits and profits you can actually hold are two different things.
Let’s use today’s $BTC as an example: it’s now 85,910, with a +5.28% change over 24h. This kind of market action perfectly confirms the point above. It’s not a coincidence—what you’re seeing is the repetition of human nature in the market.
Everyone’s heard the principle. The hard part is whether you can do it when that moment actually comes.
The market is right there—panic won’t help.
#BTC #投资哲学 #交易心态 #Crypto
There’s a principle mentioned in drawdown: the maximum drawdown explains the quality of a strategy better than annualized returns. A strategy with 100% annualized return but a 70% drawdown along the way—when trading live, you simply can’t hold through it. Paper profits and profits you can actually hold are two different things.
Let’s use today’s $BTC as an example: it’s now 85,910, with a +5.28% change over 24h. This kind of market action perfectly confirms the point above. It’s not a coincidence—what you’re seeing is the repetition of human nature in the market.
Everyone’s heard the principle. The hard part is whether you can do it when that moment actually comes.
The market is right there—panic won’t help.
#BTC #投资哲学 #交易心态 #Crypto