So many folks (esp. the media) are missing the complete backstory on $GME and how we got here.
This has been simmering for over a year and the story behind it is great. I’ve been tracking this since September and devoured all of the details from the origin through today.
11/ Everyone starts life in a different position.
Some are wealthy & some are poor. Some are fortunate & others are not.
Education is the great equalizer. When you understand the game of money, you can do exactly what rich people do.
They don't save. They invest.
3/ The key to getting wealthy is to understand the game of money. Here are the rules:
- Spend less than you make
- Create multiple streams of income
- Invest, rather than save
- Be disciplined & patient
The rules are simple to explain, but hard to execute.
2/ The first goal of money is to become rich, but the goal that ultimately matters is becoming wealthy.
When you're wealthy, you can enjoy true freedom, help others, and solve any money problems.
Being rich means you can splurge. Being wealthy means you're free.
1/ There is a difference between being rich and being wealthy.
Being rich means that you can buy the things you need and want.
Being wealthy means you never have to worry about money.
@donalt Selling retests of broken intraday support for bearish continuation is one of the worst setups in this market, even prior to the low the market put in.
You would literally make more money market buying those bearish retest setups than selling them.
Surreal.
LERN
$crypto Newbie Trading Mistakes
- Exiting too early, entering too early
- No Stop Loss
- Inadequate position sizing
- Panic selling
- Going all in
- Selling all in one go, buying all in one go
- Overtrading
- Impatience
- Chasing green candles (i.e. FOMOing) $BTC
If $BTC is moving into a full bull market please do yourself a favour with the following things:
1. Do not panic that you're going to miss out.
2. Turn on the 50/100 EMAs.
3. Use the Daily to indicate buying or adding positions.
Let's take a look why.
(3/2)
Even during the mental ‘17 run $BTC regularly corrected ~30% before making new highs.
Markets retrace to offload weakness.
Ask yourself: if the market starts to pull back significantly, where am I buying and where’s my risk?
If you don’t plan, you sell the dip.
Fin.
This so-called "reorg attack" is basic strategy and has been known for yrs
It's a defense, a way to "mark as theft," there's no "rollback," no coordination w/ miners required
This impacts no other transactions that are happening meantime, causes no hf
Do you honestly believe that long term short positions are going to do well this year? Bitcoin is down over 80% from the ATH. You'd hate to lose bitcoin on leveraged short positions down at this level since you're losing more bitcoin in order to trade larger size...
Really cool tool made by @koinkraft
https://t.co/KCEyXCIjyU
USD converter Tool for Bitmex. Great for those who have PnL marked in USD rather than $BTC.
"We are faced with, I believe, is the greatest moral crisis of our time"
Actor Harrison Ford on climate change and protecting the world's oceans at the #WorldGovSummit
@Mounia_NL Some Hints:
Don’t fall in love with your coins. Don’t hate them either
Price is just a number, Nothing is cheap & nothing is expensive
Don’t be happy with wins & don’t be sad with losses. Treat this like any other business
Dont change mind based on twitter, DYO Home work well