The most expensive thing in the market isn’t having the wrong idea.
It’s becoming too attached to the right one.
A strong conviction can help you stay calm when everyone else is changing their mind.
But it can also become a blind spot if you start protecting the idea instead of testing it.
I’ve noticed this in myself too.
So when I have a strong view now, I try not to collect reasons that make me feel right.
I look for the things that could make me change my mind.
That’s harder.
Because being right gives you confidence. Being wrong forces you to question yourself.
And the market has a way of exposing the difference.
Sometimes the chart doesn’t tell you that your idea is wrong.
It simply stops behaving the way your idea needs it to.
That’s usually the moment I pay the most attention.
I don’t think becoming better at this market means having stronger opinions.
I think it means knowing which opinions deserve to survive.
A conviction should give you direction, not blind you to what is happening.
Because changing your mind when the evidence changes isn’t weakness
Holding onto an old idea just because it used to be right can be far more dangerous $BTC
It’s becoming too attached to the right one.
A strong conviction can help you stay calm when everyone else is changing their mind.
But it can also become a blind spot if you start protecting the idea instead of testing it.
I’ve noticed this in myself too.
So when I have a strong view now, I try not to collect reasons that make me feel right.
I look for the things that could make me change my mind.
That’s harder.
Because being right gives you confidence. Being wrong forces you to question yourself.
And the market has a way of exposing the difference.
Sometimes the chart doesn’t tell you that your idea is wrong.
It simply stops behaving the way your idea needs it to.
That’s usually the moment I pay the most attention.
I don’t think becoming better at this market means having stronger opinions.
I think it means knowing which opinions deserve to survive.
A conviction should give you direction, not blind you to what is happening.
Because changing your mind when the evidence changes isn’t weakness
Holding onto an old idea just because it used to be right can be far more dangerous $BTC