@glitchcapital I am looking at this exact scenario. Bottom at 98k alongside 2D 200s. Problem is that ig we get that test is because we deviated back inside a previous range. This hasnt happened in previous test. Also MSTR lost its 1D 200s for the first time. This time might be different!
@SailorManCrypto Only difference this time is we are deviating back inside of previous range. Worse context than other 2/3 times.
The other times we tested the highs of the previous consolidation.
@ScottPh77711570 Also it doesnt matter what the economy looks like or what country you live in. Markets will be there and you dont have to deal with banks for credit, employees, bureocracy, etc. like in businesses. Im very young so I am genuinely asking! π
@ScottPh77711570 Yeah that makes sense to be honest, but after your journey, experience and ability to provide something in markets (edge extraction). Do you think the wealth compounding effect in trading is a thing or not much? Thats whats enticing to me about trading, the ability to size up.
@volatilitynoob What is most appealing to me in trading is the wealth compounding aspect of it. If you are able to master your system and your psychology in markets you can scale up a lot.
@contextualnow@TraderMercury Summary is he has a BTC bag from 5 years ago that he doesnt touch.
This way he doesnt feel FOMO as BTC moves up and he can objectively trade alts. Which he defines as βcleanerβ to trade and sometimes outperform BTC returns.