A genuine feeling: when I came across “HYPE down 4%, four whale addresses made $5 million in profits,” it reminded me of how I used to be.
Back then, I’d rush to act as soon as I saw the news. I ended up buying halfway up the mountain several times, and selling in a panic.
These days, I do things differently: first I read the whole story, then I wait for the money to show its hand, and only then decide whether to act. $HYPE is no different.
At the end of the day, the easiest mistake to make isn’t getting the direction wrong—it’s letting a single news story dictate your position.
Have you ever been in a similar situation?
Back then, I’d rush to act as soon as I saw the news. I ended up buying halfway up the mountain several times, and selling in a panic.
These days, I do things differently: first I read the whole story, then I wait for the money to show its hand, and only then decide whether to act. $HYPE is no different.
At the end of the day, the easiest mistake to make isn’t getting the direction wrong—it’s letting a single news story dictate your position.
Have you ever been in a similar situation?
