I copied this passage into my notebook and reread it every so often.
The Cost of Beginner’s Luck makes a point:
Making money right after you enter the market is the most dangerous thing. It makes you think this game is easy, and then you keep increasing your position size to prove that illusion right. Beginner’s luck isn’t luck—it’s a bill paid in installments.
Take today’s $BTC as an example: it’s at 82,778 now, up 1.31% in 24 hours. This kind of market action perfectly illustrates the point above. It’s no coincidence; it’s human nature repeating itself in the charts.
Looking back, every place where I stumbled was already spelled out in that sentence.
Wait for the signal, not the feeling.
#BTC #投资哲学 #交易心态 #Crypto
The Cost of Beginner’s Luck makes a point:
Making money right after you enter the market is the most dangerous thing. It makes you think this game is easy, and then you keep increasing your position size to prove that illusion right. Beginner’s luck isn’t luck—it’s a bill paid in installments.
Take today’s $BTC as an example: it’s at 82,778 now, up 1.31% in 24 hours. This kind of market action perfectly illustrates the point above. It’s no coincidence; it’s human nature repeating itself in the charts.
Looking back, every place where I stumbled was already spelled out in that sentence.
Wait for the signal, not the feeling.
#BTC #投资哲学 #交易心态 #Crypto