Just a few quick thoughts: seeing “Bitwise transfers 73,170 HYPE to Cumberland, worth about $5.45 million, possibly for sale” reminded me of how I used to be.
Back then, I’d see news and rush to act. More than once, I chased the market at the height of the excitement, only to sell in a panic.
These days, I do things differently: first I read the whole article, then I look at what the funds are signaling, and only then decide whether to act. $HYPE was no different this time.
Ultimately, what I fear most isn’t getting the direction wrong, but letting emotions push me around with my positions.
Have you ever been through something similar?