%20-%20Profi.png/:/cr=t:7.63%25,l:7.63%25,w:84.75%25,h:84.75%25/rs=w:1536,cg:true,m)
Lonelypumpkins on Nostr: Recent text to a newcoiner, who brought up price action to me recently: Thought ...
Recent text to a newcoiner, who brought up price action to me recently:
Thought regarding BTC price action...once people get off zero (taking one's assets from 0% BTC to some small amount), the daily/hourly price can be mesmerizing, but it can make people do dumb things, like buying high and selling low. Human psychology often makes us do stupid things when it comes to trading...some of the best performing accounts at traditional brokerages belong to clients who've been dead for years, because they're not moving things around in their portfolio, tripping themselves up.
We see the hourly and daily moves in the price...that's like waves at the beach. The trend, however, is like the tide. And the tide's coming in.
Thought regarding BTC price action...once people get off zero (taking one's assets from 0% BTC to some small amount), the daily/hourly price can be mesmerizing, but it can make people do dumb things, like buying high and selling low. Human psychology often makes us do stupid things when it comes to trading...some of the best performing accounts at traditional brokerages belong to clients who've been dead for years, because they're not moving things around in their portfolio, tripping themselves up.
We see the hourly and daily moves in the price...that's like waves at the beach. The trend, however, is like the tide. And the tide's coming in.