Post
Topic
Board Speculation
Re: I've learned to trust my gut instinct
by
Cobalt9317
on 04/05/2018, 18:29:10 UTC
Honestly it's usual to some of the crypto enthusiasts and Im also doing that but not to the point that I will tell anyone what's on my mind.

In my case,  making analyzation + execution + guts and thoughts = strategy.

After all, when dealing in trades or just by simply holding, people need guts to face the risks as no matter how good and well detailed their analyzation is, that can only be applied upon entering the real trading scenario to know the result.

And besides, if the purpose is just to hold then people must don't mind if $10,000 or above price will not reached at end of May because literally it will really happened and we have lots of reasons to stick on that thought.
Theoretically speaking a trader once said if there's a volatility in the market we can make profit and then a lot of speculation have been discovered from researching to analyzing so they can distinguish every possibly profitable zone.

I've learned to trust my gut instinct

in this very volatile market trust in instinct is the same as saying: "today I want to lose my money because I have so much then I will not need it" and you will lose money

We will be seeing $10.000 - $12.000 by the end of may. Trust what your gut's telling you.

So you're making this prediction because your instinct is telling you? I prefer to rely on credible and concrete news, I prefer to see comments from credible analysts, I prefer to do research and some technical analysis and then I buy, but I do not buy because my instinct tells me to buy, because I've done it in the past and lost my bitcoins.
There's nothing wrong for relying in a concrete information about certain prices.
But trusting your instinct is also like trusting yourself and psychologically speaking trusting yourself is a good sign of being independent our amygdala will help us don't lose any fraction of bitcoins.