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It's honestly Crazy...
95% of people lose money trading Crypto for the exact same reason.
>They cannot detach from their emotions.
And this has never been more apparent than over the last few weeks.
At the bottom when the majority flipped bearish, I was urging resilience and to not panic.
To hold your bags and buy as much as you can.
During that time, I received so many comments telling me I was a stupid bull and that much lower was coming.
Then, we pumped off the lows and everyone turned bullish.
I could’ve been wrong, but I shared my thoughts based on data and history to try to provide caution in the moment, which is highly emotional and difficult to deal with.
Over the last week, I have been urging caution at our local highs
Posting the data that I see to try to calm the emotion of FOMO that I can feel building up.
Many are now calling me a bear and telling me I’m an idiot because I must be sidelined.
The crazy thing is, all these people saying these things have changed their stance from week to week based on current price action.
My thesis hasn’t changed at all.
I don’t shift my thesis based on weekly price action.
I just observe the market and make rational decisions based on what I see developing and the overall cycle I believe we’re in.
Here’s the thing the majority need to understand.
You will never win if you get bullish after pumps and bearish and dumps.
Until you realise that the most bullish areas are actually support levels…
And the most bearish areas are resistance levels…
You will always be two steps behind.
And lastly, it is not a zero sum game.
Just because I urge caution at key levels does not mean I’m bearish or that I’m sidelined.
It just means that everyone should be cautious at resistance when the data is showing a huge overheating of leverage.
Again, I could be wrong…
But like I said, it is not a zero sum game.
I can be wrong about one move, and still have my bags secured overall.
This game is about risk management, and part of that is missing some moves and protecting yourself from others.
The craziest thing in this space is that the majority will cheer on the turbo never ending moon boi posting accounts, that don’t use shred of analysis or data to form their opinion…. until the prices dump.
Then they’re wankers.
Whilst throwing shade at accounts like mine that will tell you what I see, to genuinely try and help you… until what I say actually happens.
Then I’m respected.
But it’s too late at that point.
You’ve already missed it.
You can almost guarantee that what the majority are cheering for…
The opposite will happen.
When the Bitcoin top comes in, I will know just how close we are simply by how many people hate on me for calling it.
If you cannot be objective.
If you cannot remain emotionally resilient
And you cannot move with the market
You will lose everything you have.
Trust me, I’ve been there. 🔥Guanheping, Lunalao and the others, give 💰4.5GT for a limited time for one day.
🔥Last night, I took 4 orders overnight, and today I took another 2 orders💰Every day, there is meat to eat, which is definitely not an empty talk.
🔥1, more than 2600 take profit 2670
🔥2, 2670 short reverse entry early session take profit 2610
🔥3, mew530 enters the market to pull up, with a stop-profit position at 630
🔥4, 1.62fet enters the market and pulls up to 1.73
🔥Today's midday trading strategy: Perfect entry for long position at 63400/2590.
🔥The stop-profit position has been raised to 63950/2628.
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