2/ Every day you're in $BTC, you've made a bet. Every day you're out, you've made one too — that the reward on offer doesn't justify the risk.
Retail calls "no trade" a failure. Desks call it an outcome and measure it like any other.
Most Days, the Best Trade Is No Trade
Cash isn't sitting on your hands — it's a position, with its own expected value. A thread on why "do nothing" is often the highest-odds play. 🧵