I came across an old saying, and suddenly it clicked with today's market.
Taleb makes a point in *Skin in the Game*:
He says to trust people who have skin in the game. In crypto, you should check whether the people making trade calls have bought in themselves, and how much they hold. Advice from someone with no position is worthless. You’re responsible for your own money.
Take $ETH today as an example: currently at 2,232, down 6.36% over 24 hours. This kind of market action is a perfect illustration of the point above. It’s no coincidence—it’s human nature repeating itself in the markets.
We’ve all heard the advice. The hard part is actually following it when the moment comes.
Let’s talk about it tomorrow.
#ETH #投资哲学 #交易心态 #Crypto
Taleb makes a point in *Skin in the Game*:
He says to trust people who have skin in the game. In crypto, you should check whether the people making trade calls have bought in themselves, and how much they hold. Advice from someone with no position is worthless. You’re responsible for your own money.
Take $ETH today as an example: currently at 2,232, down 6.36% over 24 hours. This kind of market action is a perfect illustration of the point above. It’s no coincidence—it’s human nature repeating itself in the markets.
We’ve all heard the advice. The hard part is actually following it when the moment comes.
Let’s talk about it tomorrow.
#ETH #投资哲学 #交易心态 #Crypto