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An obvious but underappreciated fact:
Crypto traders' high volatility tolerance can be a great source of edge
It doesn't feel like it when you're bagholding a shitcoin that's drifting to zero or trading a 2% range with 50x leverage just to feel something
But in the right context, the mental illness we've all acquired is almost certainly helpful
For example:
Normies who passively invest in the stock market start panicking whenever there's a red candle and magically turn into traders at the worst possible time
A small drawdown has people restructuring their entire portfolios even though most of the research basically says "STFU and hold" when it comes to passive investing
But if you've been in crypto long enough and you have a shred of discipline not to day trade your investments (especially outside of crypto) you're probably immune to those same drawdowns that make normies panic
Unfortunately none of us have any money left for passive investing so I'll see you guys in the liquidations feed
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