FOR TRADERS...
Bitcoin (#Bitcoin) rose more than 6% (yesterday) in a single day and liquidated thousands and thousands of dollars in SHORT positions.
And you know what many of these traders do next? THEY OPEN NEW SHORTS.
Why?
Because they think #BTC has already gone up too much and that, now, it must instantly fall.
This is a fatal mistake. Never trade out of revenge.
If you entered the wrong side of the chart and you realized the trend has changed, stop fighting it and flip quickly.
There’s absolutely nothing to be ashamed of in changing sides. You’re a TRADER—and that’s exactly what you do.
The goal isn’t to prove you were right.
The goal is to make money—plain and simple.
At the beginning of a bull market, indicators can remain extremely heated and still the price keeps going up.
Why?
Because as long as leveraged sellers are fighting against the trend, they will keep serving as fuel for the upward move.
And that’s exactly what we’re seeing right now.
The liquidation of large sellers must exceed $1 BILLION as soon as #BTC trades above $82K.
This is surreal.
Don’t be part of those who insist on fighting the market until they get completely massacred.
Don’t trade like this is a casino.
Because if you treat the market like a casino, the market will treat you like a gambler.
Bitcoin (#Bitcoin) rose more than 6% (yesterday) in a single day and liquidated thousands and thousands of dollars in SHORT positions.
And you know what many of these traders do next? THEY OPEN NEW SHORTS.
Why?
Because they think #BTC has already gone up too much and that, now, it must instantly fall.
This is a fatal mistake. Never trade out of revenge.
If you entered the wrong side of the chart and you realized the trend has changed, stop fighting it and flip quickly.
There’s absolutely nothing to be ashamed of in changing sides. You’re a TRADER—and that’s exactly what you do.
The goal isn’t to prove you were right.
The goal is to make money—plain and simple.
At the beginning of a bull market, indicators can remain extremely heated and still the price keeps going up.
Why?
Because as long as leveraged sellers are fighting against the trend, they will keep serving as fuel for the upward move.
And that’s exactly what we’re seeing right now.
The liquidation of large sellers must exceed $1 BILLION as soon as #BTC trades above $82K.
This is surreal.
Don’t be part of those who insist on fighting the market until they get completely massacred.
Don’t trade like this is a casino.
Because if you treat the market like a casino, the market will treat you like a gambler.
