OP, if the market can make you feel like an idiot or a genius, I'd suggest you think you have more control over it than you think. Unless you're someone like Warren Buffet--who is a genius--you're just lucky or unlucky, especially if you're talking about crypto markets, where there's no fundamental analysis to do (no matter what anyone tells you) and nothing but news, rumors, and TA to work with.
Therefore, if my paltry crypto holdings suddenly spike I don't start thinking I'm a wise investor who's smarter than anyone else. Conversely if they tank I don't call myself stupid for having the positions I have. My advice: don't make trading/investing a personal thing; stay right-sized; and realize that the market does whatever it wants, and any gains or losses you make are due to chance.
Topic: A genius or an idiot? - page 2. (Read 211 times)
The market will make you feel like a genius one day, and then an idiot the next day.Especially the FUD from various countries these days, how do you feel?
We'll all be genius someday if we keep our patience. People will look to us one day in the future that we're brilliant and genius because we've invested earlier than them. Don't mind the FUD, it's part of the market.
Mind your future and keep holding the best cryptos.
When your analysis comes from news and news, and when your judgment comes from various technical indicators, congratulations, you have been successfully deceived. The only way to hold things for a long time is the emergence of digital currency because of consensus. It will also be profitable because of consensus and belief. Otherwise, it is to be slaughtered.
This is not a genius or an idiot, but you are too eager to make money in this market and cannot bear the impact of the rise and fall. When the price increases, you will worry about not buying, and when the price drops, you will worry about not selling. When you hold Bitcoin, you will attribute the decline in the price of Bitcoin to the FUD news, which is just a tool for the whale to manipulate the market.
It is not a feeling of being an idiot or feeling of being a genius, it is just that out come of trying to make profit which can go into either way. In life and trying to survive you don't know what is ahead of you and whatever comes is your destiny not a choice but you can only try to be better in whatever you do. Losing doesn't make you an idiot or winning will not make you a genius. Fate is powerful and learning to succeed makes our fate more positive than negative.
The market will make you feel like a genius one day, and then an idiot the next day.Especially the FUD from various countries these days, how do you feel?
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