Judging by the discussions in all crypto communities, 90% of people do not understand what they are doing on the market and what the market is, I did not plan to write this post because I was sure that our community had passed this fate, BUT it seems to me that there is still a certain percentage of people for whom I need to explain there))
The task of a market participant is not to guess the local movement, not to buy off the very bottom, not to sell at highs, not to lay out on tarot cards where Bitcoin will go.
The task of a market participant (I’m not talking about casino people or my mother’s businessmen) is to ensure a profit at a distance; for this you need to select projects, identify zones of interest for buying and selling, wait for these same zones of interest for buying, buy, wait for zones of interest for selling , sell, there are also intermediate actions such as buying more, taking back the investment at x2-x3, correctly assembling the portfolio in the correct percentage, selecting coins according to risk management, etc. (I wrote a lot about this) it all sounds very simple, and in practice it’s still it would be simpler... IT WOULD BE if it weren’t for emotions and lack of self-discipline.
Example: a conditional twt was purchased in the interest zone “everything below $1.2” a year ago and expects an interest zone for sale from $8, for this year it costs $2.7, then, $0.9 then, $2.4, then $1.2, $1.7 , 2.1$, 0.9$, 1.4$ every time when the price was about 2$ there were a lot of questions - can I buy this cool project and when the price was about 0.9$ there were a lot of questions - can I sell it, this is some kind of shit.
The picture is exactly the same for all other coins, only the percentages change and the price changes at the moment.
Some are now in profit, some are in the red, that’s not the point, the point is that in the market, be it funds, crypto, trading shells BC, it was, is and will always be, 90% of people will always lose, and this does not mean that 90% will not guess the movement, which means that these 90% will never understand the meaning of the market, and even with the best analytics, intuition and knowledge of tarot cards, they will still be in the red due to emotions and lack of self-discipline.
🤦♂️ we buy a coin for $1 and wait for $10 only to crap when we see $0.7 at the moment????? It would be funny...if it weren't so sad.
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