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✍️ Calm discussion..
Some say:
I enter the market when I am convinced of the market condition.
But the problem… this is a very vague statement.
What exactly is your conviction?
1️⃣ Rise of the global economy?
The economy has been reaching peaks for years, while your currencies were dropping relentlessly.
2️⃣ Rise of Bitcoin?
Bitcoin reached new highs for many months, yet many other currencies remained in continuous decline.
3️⃣ Decrease in dominance?
In the previous cycle, dominance was rising… yet altcoins were multiplying.
4️⃣ Interest rate cuts and monetary easing?
Much of the previous bullishness was during tightening and rate hikes.
The market doesn’t give you a perfect entry signal…
And if you wait for the full picture to be clear… you’re probably already late 💯
Even in 2021, the real winner wasn’t the most optimistic person.
The winner was the one who knew when to sell, go fully cash, and withdraw.
But those who kept hyping the rise, reading tweets, and chasing greed…
Many of them are still stuck today.
And the reason for that is 99% of Twitter accounts were saying Bitcoin to 100K and kept hyping until Bitcoin dropped below 30K, then the hype stopped.
So… I am only sure of one thing…
Most people will repeat the same mistake again ✍️