The crash wiped away a lot of my profits from the last year or so. Fortunately I am still in profit (not much) but upon reflection I have decided to reduce my exposure to the market i.e. I have sold 25-30% of my holdings.
I will also consume less information. Bullish and bearish information is ever-present and always present. We just focus our attention on FUD or FOMO based on what our emotions have already decided. Influencers on twitter, telegram, discord, and Youtube are there to...
Manipulate the psychology of their followers to pump their bags. They want price action as do the exchanges. Don't be the idiot everyone is laughing at.
Less twitter and YouTube for me. Deleting blockfolio too. Less trading and more time having fun in the real world!
Peace
I couldn’t think of anything worse than being in stuck in valueless meme coins with literally no FA in this dump, at least I know my bags will bounce, can you say that about some of these bs meme coins?
@SantaCl77902010@LSDinmycoffee Yeah exactly. I am spotting a lot of influencers doing this ATM. Technical analysis and the power to collectively move the market. Tough to beat those with power and influence.
MicroStrategy has purchased an additional 271 bitcoins for $15.0 million in cash at an average price of ~$55,387 per #bitcoin. As of 5/13/2021, we #hodl ~91,850 bitcoins acquired for ~$2.241 billion at an average price of ~24,403 per bitcoin. $MSTR
https://t.co/EwZnRkAt6k
In bull markets like these, you cannot afford to lose your long position because it's overbought. You stand a big risk of losing position and never been given the chance to buy back in.
Sitting tight is where the gains lie in such cases.