Never invest what you can't afford to lose and always, always scale in and scale out.
No one can predict the short term movements of something as esoteric as a digital asset. And if they tell you they can, they are simply just lying to you!
Don't buy bitcoin at $6400 because you want to get rich quick. Buy bitcoin at $6400 because you are starting to build a position for the long term and are willing and able to commit more to it at even lower prices. If you aren't thinking in that way, then honestly you shouldn't have put on the position in the first place.
It takes a while to master the emotions and the logic necessary to make money investing, and I'm not so great at it yet either. But I'm definitely better at it then I used to be! And it's that slow progress that matters.
Never invest what you can't afford to lose and always, always scale in and scale out.
No one can predict the short term movements of something as esoteric as a digital asset. And if they tell you they can, they are simply just lying to you!
Don't buy bitcoin at $6400 because you want to get rich quick. Buy bitcoin at $6400 because you are starting to build a position for the long term and are willing and able to commit more to it at even lower prices. If you aren't thinking in that way, then honestly you shouldn't have put on the position in the first place.
It takes a while to master the emotions and the logic necessary to make money investing, and I'm not so great at it yet either. But I'm definitely better at it then I used to be! And it's that slow progress that matters.