There’s a saying I’ve remembered for a long time, and today it came back to me again.
In The Black Swan, there’s a lesson:
Taleb says black swans are unpredictable, but you can make yourself survive extreme events. In the crypto market, you never know whether there will be a sudden wick in the next second or whether a coin will get delisted. Position sizing isn’t for making money; it’s for staying alive.
Take $ETH as an example today: it’s now 2,498, up 1.77% in 24h. This kind of price action perfectly illustrates the point above. It’s not a coincidence; it’s human nature repeating itself on the chart.
We’ve all heard the principles. The hard part is whether you can really do it when the moment comes.
When it’s time to wait, you have to wait.
#ETH #投资哲学 #交易心态 #crypto
In The Black Swan, there’s a lesson:
Taleb says black swans are unpredictable, but you can make yourself survive extreme events. In the crypto market, you never know whether there will be a sudden wick in the next second or whether a coin will get delisted. Position sizing isn’t for making money; it’s for staying alive.
Take $ETH as an example today: it’s now 2,498, up 1.77% in 24h. This kind of price action perfectly illustrates the point above. It’s not a coincidence; it’s human nature repeating itself on the chart.
We’ve all heard the principles. The hard part is whether you can really do it when the moment comes.
When it’s time to wait, you have to wait.
#ETH #投资哲学 #交易心态 #crypto