๐ Real investing is not only buying quality assets, but also cultivating an excellent mindset.
Prices fluctuate every day, but your discipline shouldnโt follow the fluctuations. Staying calm is more important than predicting the next candlestick.
Even if Iโm 100% confident that a particular trade has the potential to generate a significant profit, I never open a position without a Stop Loss (SL). I always use proper risk management and make sure every trade has a predefined Stop Loss in place.
$ZEC wouldnโt crash like $LIT because it is very strong now. $LIT crashed 14.1% further following news Robinhood has chosen Bitstamp over Lighter for its US perpetual contracts. ๐