Just chatting—I came across “Fed Chair Warsh: AI will make the economy more productive and create more wealth, but the road to that goal will be bumpy,” and it reminded me of when I was just getting into the game.
Back then, whenever I saw news, I wanted to make a trade. More than once, I chased the rally near the top and sold in a panic.
These days, I do things differently: first I read the whole story, then I wait to see what the money is doing, and only after that do I decide whether to act. Same goes for this time: $BTC .
When it comes down to it, the easiest mistake to make isn’t getting the direction wrong—it’s letting a news story push you into changing your position.
Have you ever been in a similar situation?
Back then, whenever I saw news, I wanted to make a trade. More than once, I chased the rally near the top and sold in a panic.
These days, I do things differently: first I read the whole story, then I wait to see what the money is doing, and only after that do I decide whether to act. Same goes for this time: $BTC .
When it comes down to it, the easiest mistake to make isn’t getting the direction wrong—it’s letting a news story push you into changing your position.
Have you ever been in a similar situation?