How many people have said: “At this point, the person I owe the biggest apology to is myself”? At last, I can get a good night’s sleep.
This is the brutal reality of crypto. In a market that swings back and forth, amid waves of euphoria, and with leverage amplifying every move, everything can vanish in an instant.
I used to stare at candlestick charts until the early hours. Every rise and fall in my account dictated my mood. When I made money, I dreamed of financial freedom; when I lost, I always wanted to win it all back in one shot.
I always thought I could beat the market, but forgot that leverage amplifies not only returns, but also fear and greed.
Many people don’t lose to the market—they lose to their obsession with making back their losses in a hurry.
Only after closing their positions and settling their gains and losses do they finally see clearly. The moment you let go of the torment of holding a heavily leveraged position, you realize that being able to sleep peacefully is far more precious than the number in your account.
There will always be another opportunity in the market, but your capital and state of mind can’t withstand being drained again and again.
$BTC Current price: 83366; 24-hour range: 82982–84348. It has pulled back after a spike and is moving sideways within a narrow range.
After reaching a high of 84348, it came under pressure and pulled back. On the 15-minute candlestick chart, short-term resistance is at 83647 and support is at 83255, leaving price stuck around the middle of the range and swinging back and forth.
This is the brutal reality of crypto. In a market that swings back and forth, amid waves of euphoria, and with leverage amplifying every move, everything can vanish in an instant.
I used to stare at candlestick charts until the early hours. Every rise and fall in my account dictated my mood. When I made money, I dreamed of financial freedom; when I lost, I always wanted to win it all back in one shot.
I always thought I could beat the market, but forgot that leverage amplifies not only returns, but also fear and greed.
Many people don’t lose to the market—they lose to their obsession with making back their losses in a hurry.
Only after closing their positions and settling their gains and losses do they finally see clearly. The moment you let go of the torment of holding a heavily leveraged position, you realize that being able to sleep peacefully is far more precious than the number in your account.
There will always be another opportunity in the market, but your capital and state of mind can’t withstand being drained again and again.
$BTC Current price: 83366; 24-hour range: 82982–84348. It has pulled back after a spike and is moving sideways within a narrow range.
After reaching a high of 84348, it came under pressure and pulled back. On the 15-minute candlestick chart, short-term resistance is at 83647 and support is at 83255, leaving price stuck around the middle of the range and swinging back and forth.