Just saw a statement that might help ease a lot of people’s anxiety.
The core—trading has momentum (inertia).
If over the past year, we’ve been shorting at the highs, and along the way we kept making money through repeated ups and downs, then in this bout of violent rally, it’s completely normal to end up losing and getting hammered. After all, the paths we’ve taken before are like that too—we can even call it path dependence.
But if, over the past year, you were stubbornly holding longs the whole time and never got to experience this kind of market and the gains that come with it, then honestly, you really can consider that you’ve got it bad—you might even feel more nauseated than if you’d eaten feces when you read this. Still, bro, what I want to say is: it’s true, and it’s right. Have the heart to tolerate others, but also be brave enough to accept criticism. Be a cockroach that can’t be killed.
Protect your principal—because that preserves opportunity. The crypto world is always full of opportunities.
The core—trading has momentum (inertia).
If over the past year, we’ve been shorting at the highs, and along the way we kept making money through repeated ups and downs, then in this bout of violent rally, it’s completely normal to end up losing and getting hammered. After all, the paths we’ve taken before are like that too—we can even call it path dependence.
But if, over the past year, you were stubbornly holding longs the whole time and never got to experience this kind of market and the gains that come with it, then honestly, you really can consider that you’ve got it bad—you might even feel more nauseated than if you’d eaten feces when you read this. Still, bro, what I want to say is: it’s true, and it’s right. Have the heart to tolerate others, but also be brave enough to accept criticism. Be a cockroach that can’t be killed.
Protect your principal—because that preserves opportunity. The crypto world is always full of opportunities.