Are you an emotionally invested bear? Spare me a quick read.
Lets sit back for a quick moment, and relax. Forget about price for a few minutes while reading this post.
Love it or hate it, markets just do not work out for most retail traders. You got into this because of hype at some point anyways right? Hype is a huge reason for your losses. When markets dump unexpectedly (Or is it really unexpected?) retail has this idea of "Trend Lines" that prices have to stick to, "Supports & Resistances" that price HAS to react off from. Almost like an IF ELSE statement.
Obviously, no one can predict where the market is going the next few weeks. If you've caught up with the narratives as of late, you'd suspect that sometime this week could be a bullish sentiment shift. And some are still validating bearish sentiment news that has been apparent for a long time now.
If you take the law of "Nothing ever comes easy in this market" you'd know that following the herd without much deep dived evaluation of everything, is where you'd lose the most amount of money potential.
Right now, the emotional sentiment of the markets is: We're dropping, we're free falling, shits just going down anyways. No one is really thinking about anything bullish right now correct? In history, that is always the point where shit starts to fly up.
Investing as a get rich quick scheme gets you rekt
Investing with the idea of being "Performant", makes your investments efficient.
The beauty of the markets is that 95% of people are head-down sucking up news and reacting off it, giving up, being greedy etc.
To stay in the market long, one must realize that both sides of the train gets you rekt.
Just sit back and relax, and invest as much as you can afford to lose, invest in the right protocols and let them do their thing, you'd be so much better off in a market filled with volatility.
Things that are getting cheap does not equal to them being worthless. Markets always tend to overreact, at some point markets will receive a bounce. SO TLDR, it is UP TO YOU to decide to worth of a project, how great is the R:R of this investment. Good luck out there everyone!
Love it or hate it, markets just do not work out for most retail traders. You got into this because of hype at some point anyways right? Hype is a huge reason for your losses. When markets dump unexpectedly (Or is it really unexpected?) retail has this idea of "Trend Lines" that prices have to stick to, "Supports & Resistances" that price HAS to react off from. Almost like an IF ELSE statement.
Obviously, no one can predict where the market is going the next few weeks. If you've caught up with the narratives as of late, you'd suspect that sometime this week could be a bullish sentiment shift. And some are still validating bearish sentiment news that has been apparent for a long time now.
If you take the law of "Nothing ever comes easy in this market" you'd know that following the herd without much deep dived evaluation of everything, is where you'd lose the most amount of money potential.
Right now, the emotional sentiment of the markets is: We're dropping, we're free falling, shits just going down anyways. No one is really thinking about anything bullish right now correct? In history, that is always the point where shit starts to fly up.
Investing as a get rich quick scheme gets you rekt
Investing with the idea of being "Performant", makes your investments efficient.
The beauty of the markets is that 95% of people are head-down sucking up news and reacting off it, giving up, being greedy etc.
To stay in the market long, one must realize that both sides of the train gets you rekt.
Just sit back and relax, and invest as much as you can afford to lose, invest in the right protocols and let them do their thing, you'd be so much better off in a market filled with volatility.
Things that are getting cheap does not equal to them being worthless. Markets always tend to overreact, at some point markets will receive a bounce. SO TLDR, it is UP TO YOU to decide to worth of a project, how great is the R:R of this investment. Good luck out there everyone!
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