Yesterday wiped out a lot of long positions. As a trader one really loves all this volatility, and it's all across the board. A good trader could have easily 2 or 3 X'd their money in the last couple of weeks.
They are very lucky to have the right timing but for those who sell their bitcoin earlier, they might be in regrets. But anyway, crypto life never gives assurance in regards to market profit, x2, x3 with their capital, that was really amazing. But people who can afford to hold Bitcoin longer the more chances to have.
The price trend keeps moving high slowly, some people seeing this a road to Bullrun but I'd never think it easily nor I bought that confidence because it is not really enough. I would like to wait more days and sees how the resistance level growing up, then that's the time I'll be in the bullish by then.
Be careful being happy with x2, x3 market profit, and risking some capital on the way. You might miss the real move to a 6-digit Bitcoin price. 90% of active traders lose to the 10% winners. That's a fact.
this is simillar to gambling when playing on low payout . you can only get small return for such a risk but if you play on high payout you can always earn more . i only dont understand why the op wants a correction now that we are on the right direction . i want to see more highs and not lows , and why he want to disrupt the oppurtunity for new entrants . thats not right , new investors do also contribute here and they are the reason why price rise .they have the right to earn too
I believe in dice a high payout has more risk. In Bitcoin, many people believe that the lowest time preference, moon-payout is the highest risk, but it's actually the lowest risk because of Bitcoin's macro-economics. Many people won't accept it.
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