Every year there are maybe a dozen or so opportunities that are so EV skewed that trading these alone can make your year. I'm talking hundreds of % on a dozen trades. All you have to do is WAIT, and then execute according to your ruleset. Easier said than done, but it's absolutely possible, and something I've shifted my system into focusing on over the last few years.
When you realize that, you can very quickly detach yourself from FOMO and the day to day action and hone in on the bigger picture.
It's times like right now while we've endured months of chop, you find yourself in a drawdown maybe deeper than you'd like, and you'll look back and say "Why?".
"Why have I been trying so hard for positioning and marginal gains in a market that isn't conducive, when I could have been focusing on and preparing for the next big opportunity that WILL move the needle?"
Of course the ability to do so only comes with enough reps and experience, but when you have the ability to recognize it, your equity curve will thank you.
Stop clicking buttons everyday like a degenerate and start playbooking/refining/building something that WILL make you money.
A great excerpt from Amrit Sall, the Unicorn Sniper-
Quick shoutout to my @daskeyboard of 12 years I just replaced. This was easily one of the best purchases I have ever made. I hope the new one I just bought maintains the amazing quality standard. (I thought about cleaning it up before tweeting, but that would be unfair to how it lived its life.) RIP BABY SEE YOU IN TRADER VALHALLA
Really solid post. Been holding a decent sized position in $LINK for almost 5 years now. To me if they just address #5 - Ownership framework even that would mean a lot. I am just waiting to buy more, but unless there is a shift in management tone, just "trust us bro" is not going to attract larger capital pools.
Honestly at this point I wish Chainlink was a stock. There would be quarterly calls, and information/balance sheet etc. I agree with you that "regulatory issues" has run its course.
The time to start focusing on long term token (stock) price is soon. Enough with this opaque bullshit.