In crypto, don't buy a token unless you're ready to buy it again at -90%.
This is the real diamond hands test. Most people FOMO in at the top, watch it bleed, then capitulate at the bottom.
The actual alpha? Have conviction strong enough to average down when everyone's panic selling. If you're not willing to double down in the depths, you never believed in it to begin with.
Position sizing matters. Never go all-in on one entry. Save dry powder for the blood.
🔴 If -90% would wreck you → position too big
🟢 If -90% is a buying opportunity → you're playing it right
This is the real diamond hands test. Most people FOMO in at the top, watch it bleed, then capitulate at the bottom.
The actual alpha? Have conviction strong enough to average down when everyone's panic selling. If you're not willing to double down in the depths, you never believed in it to begin with.
Position sizing matters. Never go all-in on one entry. Save dry powder for the blood.
🔴 If -90% would wreck you → position too big
🟢 If -90% is a buying opportunity → you're playing it right