End of Year TOTAL1 Analysis
It has been a good year. It taught a lot, and brought many large gains. Especially the last quarter was on fire. BTC, SOL, MATIC, DOT, are the ones that I can think on top of my head right now.
One thing I realized is that the greed has been improving big time. Why? Does the market need demand immediately, or does it need demand in 6 months and people are slowly starting to hear it?
If I see 5 TikTok videos in a row that saying "BTC to the moon buy now," I realize that I am too far away from the ground with no wings.
Greed makes you lose what you have, and fear makes you lose what you didn't have. Emotions create disorder, perhaps volatility in some ways.
Especially the first quarter of this year, I will constantly be waiting for a KEY reversal. Maybe it's today, maybe it's after testing the first resistance above the current price. Maybe after BTC hits 50K which is a completely different argument. Whatever the case is, I am not exiting, I am tightening my stop loss orders. These are the times that need more screen time and more calibration on patterns and lines.
Personally, I'd like to see a reversal.
I wish everyone a great trading year. I hope we will buy our dream houses and dream cars. I hope we will go on that dream vacation. I hope our parents are going to be proud of us, our siblings will brag about us, and our children feel secure with us. Long or short, whatever it is, I hope this year will bring great things to all of us.
Happy new year
One thing I realized is that the greed has been improving big time. Why? Does the market need demand immediately, or does it need demand in 6 months and people are slowly starting to hear it?
If I see 5 TikTok videos in a row that saying "BTC to the moon buy now," I realize that I am too far away from the ground with no wings.
Greed makes you lose what you have, and fear makes you lose what you didn't have. Emotions create disorder, perhaps volatility in some ways.
Especially the first quarter of this year, I will constantly be waiting for a KEY reversal. Maybe it's today, maybe it's after testing the first resistance above the current price. Maybe after BTC hits 50K which is a completely different argument. Whatever the case is, I am not exiting, I am tightening my stop loss orders. These are the times that need more screen time and more calibration on patterns and lines.
Personally, I'd like to see a reversal.
I wish everyone a great trading year. I hope we will buy our dream houses and dream cars. I hope we will go on that dream vacation. I hope our parents are going to be proud of us, our siblings will brag about us, and our children feel secure with us. Long or short, whatever it is, I hope this year will bring great things to all of us.
Happy new year