Some lessons only sink in after you’ve taken a loss.

《Fooled by Randomness》 makes a point worth remembering:
Taleb says to distinguish luck from skill. Many people in crypto mistake the luck of a bull run for their own skill, and only start questioning themselves when the bear market arrives. Be honest about your track record. Don’t mistake beta for alpha.

Take today’s $BTC as an example: now at 78,360, up 1.59% over 24h. This market action is a perfect illustration of the point above. It’s no coincidence—it’s human nature repeating itself in the markets.

Between knowing and doing lie several liquidations.
When it’s time to wait, you have to wait.

#BTC #投资哲学 #交易心态 #Crypto