Someone asked me what I think about reading the market, and what came to mind was this line.
In *The Fundamentals of Contrarian Investing* (by Edgemount?), there’s a principle discussed:
Edgemount said, “Bull markets are born in pessimism, grow in doubt, mature in optimism, and die in euphoria.” Where do you think the market is in its current stage? The answer to that question determines your current position size.
Take today’s $ETH as an example: right now it’s 2,465, down -1.26% over the past 24 hours. This kind of market action perfectly confirms the idea above. It’s not a coincidence—it’s human nature repeating itself on the chart.
Between knowing and doing, there are several waves of liquidation.
Let’s talk about it tomorrow.
#ETH #投资哲学 #交易心态 #币圈
In *The Fundamentals of Contrarian Investing* (by Edgemount?), there’s a principle discussed:
Edgemount said, “Bull markets are born in pessimism, grow in doubt, mature in optimism, and die in euphoria.” Where do you think the market is in its current stage? The answer to that question determines your current position size.
Take today’s $ETH as an example: right now it’s 2,465, down -1.26% over the past 24 hours. This kind of market action perfectly confirms the idea above. It’s not a coincidence—it’s human nature repeating itself on the chart.
Between knowing and doing, there are several waves of liquidation.
Let’s talk about it tomorrow.
#ETH #投资哲学 #交易心态 #币圈