NOT SELLING ANYTHING. Documenting my journey to help with my own discipline and journaling. Feel free to follow along been in these markets for 7+ years and profitable for 4.5 years happy to help as much as im able to.
Every cycle we come to this pivotal point.
You either wait for narratives to shift and buy with the herd.
Or you get greedy and buy when everyone else is terrified.
Not financial advise.
#crypto
@Cobb_XRPL Its going to be a rough summer, dont fall for this.
We are close to the bottom though if its not already in.
Its time to start accumulating.
My best advice at the moment.
Ignore world news.
Following world news events will always keep you 10 steps behind.
Going to be a rough and painful summer for crypto.
Time to be greedy and accumulate.
#crypto
My best advice at the moment.
Ignore world news.
Following world news events will always keep you 10 steps behind.
Going to be a rough and painful summer for crypto.
Time to be greedy and accumulate.
#crypto
The market moved pretty much exactly the way we were expecting.
Still waiting on a relief bounce but don't get lured into the idea it's recovering regardless of X sentiment.
I'm 60% cash and intend to cut another 25% during the relief bounce.
Will keep use posted as always.
The rest of my bags will be left on the basis I'm incorrect but I'm happy to put my money where my mouth is after 8 years.
Nobody ever went broke taking profits, don't get married to your positions.
The market moved pretty much exactly the way we were expecting.
Still waiting on a relief bounce but don't get lured into the idea it's recovering regardless of X sentiment.
I'm 60% cash and intend to cut another 25% during the relief bounce.
Will keep use posted as always.
@Whale_Guru You are part of the reason there is no trust in the crypto space.
Source = trust me bro.
Stop trying to scam your followers to pump your X engagement and pump your bags which are down.
@perpidextrous@AshCrypto Semantics.
20x from 2020 lol.
A return of 10% a year is considered unbelievable.
Yet people aren't satisfied with 2000%.
Pure greed.
Just because you missed the bull run doesn't mean it's not been lol.
@MattK62996475@Whale_Guru The bull run has been and gone.
2023 to now is a 10x for BTC.
You will be their exit liquidity.
Don't say you weren't warned.
All my positions are up massively anything beyond this is just greed.
The sentiment around the market is very concerning.
This is exactly what relief bounces look like.
Sentiment flips from "sell everything" straight back to hopium with no data or evidence.
I advise extreme caution and will be looking to cut some more of my bags in the coming days.
I am already around 60% cash and intend to cash in more profits.
For me the long term risk is too high and I'm ready to take an early half retirement and deleverage my stress.
I will be back if an opportunity presents itself but I believe everything crypto stood for is now gone.
My whole university dissertation was about Blockchain and it's decentralisation, it is now arguably the most manipulated market on the planet.
#CryptoMarket