- Mind in psychology
- Position in stance
How is your account doing? Let me show you my account first, then I will continue writing so you can easily understand what I will say next!
For me, the current time will determine whether we make money or lose money this cycle. How is the 'Mind - Position' of everyone right now?
- fear, panic, accounts either burned due to long short, or heavily negative due to buying the peak. Crypto is a scam, MM drives dirty, the market is forever broken.
- or are people excited because they have the opportunity to buy more coins at a low price.
Where you are in the above two cases will determine who you are in this cycle. 90% failure or 10% make money? For me, the BTC correction is also a very normal thing. I have written in many previous articles that 'Economics - Politics - Society' are three interconnected fields, they affect each other and always go hand in hand. In three days, there will be a day that will affect the economy and politics of the whole world, and traditionally, commodities will rise and fall in a accumulation phase waiting for the results, without a clear trend at this moment.
I enter the market with a plan. If A happens, then I will... If B happens, then I will... I do not bet on A or bet on B. I notice that many people are stubborn about their beliefs. The world is changing every second now. Events happening on the other side of the globe are still known to us in Vietnam at the same time, thanks to technology and social media. Yet we are still conservative and live by old ways, then we will surely be eliminated by this world.
Do you come here to prove you are right, or do you want to make money? I just want to make money. For me, right or wrong is not important, what matters is how much money I lose if I’m wrong, and how much I make if I’m right. I have also said many times that now is not the time to go all-in, because the trend is not clear, and the variables of the election day are still very large.
I see many people are certain that Trump will win the election. As someone in the coin market, I also want that because I will make a lot of money. But life is not that simple, my friends. If you still believe that elections in America are decided by the votes of the people, then for you, this world still has many things to read and learn more. I say this not because I 'predict' or 'believe' Trump will not be elected. But in my knowledge and data, that possibility could happen, so I have a plan for that case. Therefore, I still leave 30% of my money, if Trump wins and the market rises immediately? That's great, I just miss a few percent, it’s fine. And if it goes down? Here’s the opportunity to buy more.
At this point, my account has shifted from profit to a state of neither profit nor loss +-1%. This means it has returned to my average buying point. I still have all my money, and still have 30% left to buy more. Can you guess if I am currently 'Panic, fear. Or am I excited'?
Talking about this is not to show off, or laugh because people are burned out, or negative due to buying the peak. But to help everyone reconsider their own 'Mind - Position'. Everyone should decide for themselves whether now is the time to be afraid or the time to plan for the last hunting trip? Before concluding, I have this sentence for all of you who want to make quick money:
- Slowing down allows you to have enough calmness to see everything more clearly. - Kimi Werner-
Let me show you the BTC chart! This time it’s the monthly chart. Let’s see in the long term whether it is increasing or decreasing.
