Tabodi
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Tabodi retweetledi
Tabodi retweetledi
so this aged incredibly well
and not much changed in the past 6 months
it's mostly the same gist.
think about it this way:
you can take bets, in the middle of a news-driven environment, peak uncertainty, where the latest headline has the ability to move market -/+10% higher in an instant
or,
you can wait for the kind of environment where your family starts asking you if investing in XRP is a smart idea
the kind of environment where (real) people get on this app, and proclaim in long-form articles that Fartcoin will disrupt traditional finance, and then watch Fartcoin trade 1,000% higher, and feel righteous about it (yes, this actually happened. I can't believe so many of you forgot)
I understand the alternative perspective: by not betting in times of peak uncertainty, you miss out on the *best* entries, and are susceptible to complacency
but the truth is: many who dabbled in that venture in the middle of this 2-month range, did the same thing back in January, and were rewarded with -40% lower
so even if correct now, their bet is rewarded to a lesser degree, as a result of lesser capital to play with.
that's just the reality of trading.
you should be viewing the current market as a speculative opportunity, in order to potentially prop yourself up, and provide cushions for comfortable compounded entries as conviction sets in over time later
if you're viewing the market as a 'generational' opportunity, it's probably because you did so at some point the past 6 months as well.
better days eventually, and to some extent, if you're not accounting for that in your approach to some degree, it's likely a reflection of insecurity in your own abilities to capitalize on opportunities later down the line.
I speak from experience.
Mercury@TraderMercury
traders with decades of experience, survived dozens of catalysts, and have 8-figure networths: 'this isn't the kind of environment where you want to be sized up. It's probably best to be conservative and live to fight another day. relative weakness is blatantly obvious' class of 2023 crypto trader, $693.73 portfolio, spends most of their time trying to catch "pumps" on 100k mcap coins on-chain: 'lol yeah you're washed. sounds like something I'd say if I were sidelined. lock in.' the internet is truly amazing.
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really need to appreciate your grandparents man
my grandmother and I are very close - she essentially raised me
in recent weeks she’s been having hallucinations. she is in good health otherwise. this came out of nowhere
I ask that you keep her in your prayers
much love🖤
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@TraderMercury We’ve got the standard monetary r/r but we also have a psychological r/r that’s more important and most often over looked. I refuse to put myself in a position which I know has the potential to tilt me. It’s a slippery slope and I’ve gone down it enough times.
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Looks like Gold may be finally breaking out against stocks
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@DD_Geopolitics War is peace. Freedom is slavery. Ignorance is strength.
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Russian police harass citizens at home for criticizing the government on social media!!!
Just kidding. This is Miami, USA.
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I'm objectively one of the most consistently accurate people on this app, for several years now.
I've done it all publicly, for free, without shilling a memecoin, never angel-invested, never partnered with anything besides Bybit.
your anger is misplaced.
Phil@Phil2913_
@TraderMercury You don’t even hit and miss. You miss and miss.
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JUST IN: US Senator Lindsey Graham says "help is on the way" during meeting with exiled Iranian crown prince Reza Pahlavi.
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Iranian Patriots, KEEP PROTESTING - TAKE OVER YOUR INSTITUTIONS!!! Save the names of the killers and abusers. They will pay a big price. I have cancelled all meetings with Iranian Officials until the senseless killing of protesters STOPS. HELP IS ON ITS WAY. MIGA!!! PRESIDENT DONALD J. TRUMP
(TS: 13 Jan 09:43 ET)
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