Some truths only make sense after you’ve taken a loss.
There’s a lesson in *Reminiscences of a Stock Operator*:
Livermore said: Don’t try to catch every market fluctuation. Wait for the big move, then make your move. I only truly understood this in crypto— the wear and tear of trading too frequently can be even more frightening than one big loss.
Take today’s $BTC as an example: it’s now at 77,058, down 1.18% over 24 hours. This kind of market action perfectly illustrates the lesson above. It’s no coincidence; it’s human nature repeating itself in the markets.
The market won’t go easy on you just because you understand the lesson.
This time, I’ll just watch and stay put.
#BTC #投资哲学 #交易心态 #Crypto
There’s a lesson in *Reminiscences of a Stock Operator*:
Livermore said: Don’t try to catch every market fluctuation. Wait for the big move, then make your move. I only truly understood this in crypto— the wear and tear of trading too frequently can be even more frightening than one big loss.
Take today’s $BTC as an example: it’s now at 77,058, down 1.18% over 24 hours. This kind of market action perfectly illustrates the lesson above. It’s no coincidence; it’s human nature repeating itself in the markets.
The market won’t go easy on you just because you understand the lesson.
This time, I’ll just watch and stay put.
#BTC #投资哲学 #交易心态 #Crypto