it is an unwritten rule of life that after every prolonged period of hardship and uncertainty, there is going to be a period when you are going to achieve quantum leaps across multiple areas of your life. the only requirement is that you do not give up on yourself
There were a lot of lessons to be learned the past year
“Markets don’t repeat cuz participants will learn and become more sophisticated”
4 year cycle plays exactly again as everyone screams it’s done. President of US launches coin signalling pure euphoria and they say we are just beginning. Tariff bottom they scream for Great Depression.
Nothing ever changes bros, only you can change yourself and the way you perceive such things. Remove bias, think critically and independently, study history and statistics.
Markets are simple but incredibly difficult
Everything will be fine if you accept that what you have lost is gone
Don’t accept it and you will blow up trying to make it back immediately
People saying it’s over forever are retards same as those who are perma bullish. Markets cycle, we abuse these for our benefit
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Gold is screaming to be long BTC once this BTC retracement is done.
The last time this happened was below in April. Gold had just made a huge move to the 3400-3500 area. During that same time, BTC retraced from 109k to 75k. The inflection point (noted below) was a positive divergence by BTC from risk assets. BTC then ran to new highs.
Current timing unknown. And maybe a different inflection point. We'll see.
One important aspect to taking risks in markets that doesn't get discussed enough is not just belief in the market but belief in yourself.
I'm confident taking risks because I know worst case scenario I could lose it all and I'd find a way to grind it back. I'd get a job where I can be on my computer all day and laser focus on either building or trading my way back up.
Having a delusional level of self-belief in yourself is important, having the actual skills and evidence to encourage that belief and make it slightly less delusional is even more important.
Spend time educating yourself, learning new skills, generally just doing things and succeeding at them until you have a core belief that whatever happens, you will come out on top.
My life view is essentially anti-victim, anti-fragile, I know whatever happens I will be ok. A nuke could hit the US and I'd be like alright, I have a bunch of survival skills, let's do this. Carry that mindset into all aspects of your life, live a life that results in having a good head on your shoulders and draw from that well of confidence.
Adding to the end of my previous post. Has there been any speculation about the US government already having a private sourcing agreement with a large BTC holder(s)?
This type of arrangement could easily be justified as a strategic imperative, since it would lessen the price impact of other other large buyers (including nations) front-running an eventual US announcement.
There are ways this could be done without active current buying (contingent arrangement, private call option, etc).