Just wanted to share this with you guys. I saw the news: “Data: A whale withdrew 774.77 BTC from an exchange, worth about $63.36 million,” and it reminded me of how I used to be.
Back then, whenever I saw news like that, I’d rush to make a trade. More than once, I ended up buying halfway up the rally and selling near the bottom.
These days, I do things differently: I read the full story first, then wait to see how the market reacts, and only then decide whether to make a move. $BTC is no different.
At the end of the day, the easiest mistake to make isn’t getting the call wrong—it’s letting a single news item push you into changing your position.
Do you ever find yourselves doing the same thing?
Back then, whenever I saw news like that, I’d rush to make a trade. More than once, I ended up buying halfway up the rally and selling near the bottom.
These days, I do things differently: I read the full story first, then wait to see how the market reacts, and only then decide whether to make a move. $BTC is no different.
At the end of the day, the easiest mistake to make isn’t getting the call wrong—it’s letting a single news item push you into changing your position.
Do you ever find yourselves doing the same thing?