Quote from: Fara Chan on August 08, 2024, 11:28:28 AM

Quote from: betswift on August 08, 2024, 09:33:47 AM

Sticking to a plan and not falling for someone else's perspective is key to self-improvement. We should strive to become better at analyzing the factors that are worth our efforts (how and why news affects the market, why we shouldn't go after the crowd which panics a lot out of nothing, the flow of smart money and the moves from big hands, and many more).

In the end, everyone must stick to their own position on anything because other people's perspectives are only given based on what they feel comfortable enough to do which may not be comfortable enough for us to do ourselves. So we must still have initial considerations on all other people's perspectives besides sticking to our own decisions on anything. And with the current market conditions, of course everyone will try to be patient and keep their respective holdings on a better track because conditions like this will not last long in the market.

The decision to stick with Bitcoin holdings tends to increase your profits in the future. Tendency to continue buying and taking care of holdings in any bearish or bullish market. This should make it more useful to base your decisions on the sentiments of people at different levels of market sentiment as everyone may have different investment objectives. But you should continue to make consistent buy considering the surrounding conditions, which gradually fills a full circle from bitcoin fractions. And for this you should choose a cycle of long duration.