#market Community Insights & Market Sentiment

The market sells you the lie, and you buy it. Now what I said on Oct. 14 carries more weight than ever. And if you're losing money, I'm sorry to tell you that it's your fault, not just #Hacker 's. As I told you more than 10 days ago, #market will always be an environment where we're at a disadvantage. Many people think that because we have capital of more than 10k or 5k, we're immune to whatever happens in the market. Well, here's your answer: you might say, "But what happened was a historic #Hack , what could I have done?" Obviously, you couldn't have prevented the hack or the billions from leaving #Binance , but this is where I want to emphasize something. - The crypto market is an environment of total growth, but that doesn't mean you need to be holding losing coins $BTC or $ZEC for months or even years. I've always criticized that way of operating, where you think, "It'll go back to my price." Who can guarantee you that? I understand if it's your market, but since it isn't, why expose your capital like that? Building capital is mainly about knowing how to invest intelligently and, above all, investing with YOURSELF in mind. Many people are biased, saying that $PEPE will reach $1 in 40 years, and there they are, still waiting. Besides, the market isn't the only factor here—there's also something you and I both have: our health. If your health deteriorates, what will you do? Tell the illness to wait so you can take your profits? Or, because you didn't invest properly, have 80% of your capital locked up in a loss, and out of sheer ego, refuse to withdraw anything—even though you could make other trades instead of enduring that mental and even physical stress? Come on, man. The crypto market has given me many things I wouldn't have been able to achieve in a regular job, but I achieved them MYSELF by researching and trading based on what the market itself offers me, not what I offer it. Making $50 on a $10 investment isn't the same as making $100 on a $50 investment. Understand the context.

The market sells you the lie, and you buy it.

Now what I said on Oct. 14 carries more weight than ever.

And if you're losing money, I'm sorry to tell you that it's your fault, not just #Hacker 's.

As I told you more than 10 days ago, #market will always be an environment where we're at a disadvantage. Many people think that because we have capital of more than 10k or 5k, we're immune to whatever happens in the market. Well, here's your answer: you might say, "But what happened was a historic #Hack , what could I have done?" Obviously, you couldn't have prevented the hack or the billions from leaving #Binance , but this is where I want to emphasize something.

- The crypto market is an environment of total growth, but that doesn't mean you need to be holding losing coins $BTC or $ZEC for months or even years. I've always criticized that way of operating, where you think, "It'll go back to my price." Who can guarantee you that? I understand if it's your market, but since it isn't, why expose your capital like that?

Building capital is mainly about knowing how to invest intelligently and, above all, investing with YOURSELF in mind. Many people are biased, saying that $PEPE will reach $1 in 40 years, and there they are, still waiting. Besides, the market isn't the only factor here—there's also something you and I both have: our health. If your health deteriorates, what will you do? Tell the illness to wait so you can take your profits? Or, because you didn't invest properly, have 80% of your capital locked up in a loss, and out of sheer ego, refuse to withdraw anything—even though you could make other trades instead of enduring that mental and even physical stress? Come on, man.

The crypto market has given me many things I wouldn't have been able to achieve in a regular job, but I achieved them MYSELF by researching and trading based on what the market itself offers me, not what I offer it.

Making $50 on a $10 investment isn't the same as making $100 on a $50 investment.

Understand the context.

Cortex_

The market sells you the biggest lie, and you believe it.

The market does not belong to you.

And yet you keep thinking that coins have to reach your price no matter what.

What $BTC or $XRP is doing now is an example of who prevails in the world of finance and more than #crypto

I've been trading for 4 years, and I realized there are 2 huge lies, like with $BTW

There are two huge lies in #trading . The first: "The market is independent of everyone; it can't be regulated by anything or anyone, and no entity can take your #BTC or any token from you." This is partly true, but without regulations or limits, the big players (whales or government institutions) always have the advantage, no matter what. So even though they can't be regulated by anyone, they can be manipulated to a great extent, turning them against retail traders in these situations.

The second lie is the usual one: "I open more than 20 trades to diversify, and I don't mind being at a loss for months or years, but I'll definitely come out ahead." Beyond being a lie, this is a clouded, ego-driven outlook, but it tends to happen all the time in #Market_Update . The point is, there are people willing to risk a large part of their portfolios for months or years just to end up in the green. But the market doesn't belong to you. That means if it ends up dropping 90% while you're in it, no matter how many times you've come out ahead, you could end up burning through your savings or investment capital.

That's not even taking into account that you don't know what will happen while you're holding those losing trades. What if you have a family emergency? What if you have medical problems? What will you say? "No, the market is going to give me back my profit in 4 months; wait a moment, illness." Is that what you'll say?

- Think more and set your ego aside. Study hard and be disciplined so that when you eventually accept a loss, you don't see it as a defeat.

- Don't put all your capital into the market. It's volatile, treacherous, and even unfair. But if you decide to put all your savings in, it's not the market's fault—it's yours.

BTC-0.15%

ZEC+3.41%

PEPE+2.04%

market

Trending Topics