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$BTC Sniped The First Spot Buy!
Already up 4%, but there's something very important you need to understand if you're following this position.
The idea behind this entry is simple: I’m holding this Bitcoin spot position for the next 3-4 years. The goal is to eventually take profit at the next macro bull market top.
Now, even though I’m expecting us to revisit the current lows and potentially move down towards the 54.5k region, I still won't touch this spot position.
I won’t secure profits on this 4% move up, even knowing there is a high chance we get roundtripped.
Why?
Because in trading, the ones who stick to the plan are the ones who end up catching and riding the full move.
Catching the exact bottom or the exact top is the easy part. The real challenge is staying in the trade.
Most people get punished because they either close too early and start chasing another entry, or they take profits too quickly and never allow the trade to play out as planned.
Sometimes the hardest thing in trading is doing absolutely nothing.
We stick with the plan. We ignore the noise. We don't care about short-term roundtrips.
Because at the end of the day, this position is going to pay us a fat paycheck when the next macro top will be around the corner.