How do you know if you are emotionally attached to Bitcoin?
How do you know if you are emotionally attached on Bitcoin?
Have you ever wondered how to gauge personal emotion in the markets?
Would it be nice if you could check a meter on your emotion levels to stop yourself from making bad choices?
I asked myself how I would find a good gauge for this many times... and over the years I have learned the only thing you need to check is so simple... but many people still miss it.. or try to get around this LAW of trading..
So I am going to give it to you for free today..
THE BIG SECRET IS..................................... CHECK UR DAMN POSITION SIZE / LEVERAGE.................................................................................
If you are over leveraged (margin) you are being too emotional!
If you are using more than a few % of your account per Altcoin trade then you are being too emotional!
If you are 100% in the market and you have 0% USD / USDT / USDC then you are being too emotional!
if you don't have at least 15% USD / USDT / USDC then you are being too emotional!
If you are less than 30% Bitcoin (the most stable crypto asset that isnt stable coin) then you are being too emotional!
If you are checking your computer every hour paranoid about prices then you are being too emotional!
.................................................................................................................................................................................................
So that's the secret if you are wondering about you emotions check on these simple things..
with that being said Bitcoin is looking very bullish especially if we get this 8 day candlestick to close bullish & neckline breakout at 11k
Staying long based on my previous analysis -
Tezos is a Altcoin I am watching on the shorter time frames.. it finally looks good after a long downtrend
Stay profitable out there! Happy Monday
Have you ever wondered how to gauge personal emotion in the markets?
Would it be nice if you could check a meter on your emotion levels to stop yourself from making bad choices?
I asked myself how I would find a good gauge for this many times... and over the years I have learned the only thing you need to check is so simple... but many people still miss it.. or try to get around this LAW of trading..
So I am going to give it to you for free today..
THE BIG SECRET IS..................................... CHECK UR DAMN POSITION SIZE / LEVERAGE.................................................................................
If you are over leveraged (margin) you are being too emotional!
If you are using more than a few % of your account per Altcoin trade then you are being too emotional!
If you are 100% in the market and you have 0% USD / USDT / USDC then you are being too emotional!
if you don't have at least 15% USD / USDT / USDC then you are being too emotional!
If you are less than 30% Bitcoin (the most stable crypto asset that isnt stable coin) then you are being too emotional!
If you are checking your computer every hour paranoid about prices then you are being too emotional!
.................................................................................................................................................................................................
So that's the secret if you are wondering about you emotions check on these simple things..
with that being said Bitcoin is looking very bullish especially if we get this 8 day candlestick to close bullish & neckline breakout at 11k
Staying long based on my previous analysis -
Tezos is a Altcoin I am watching on the shorter time frames.. it finally looks good after a long downtrend
Stay profitable out there! Happy Monday
Comment:
Tezos is doing nicely
Comment:
Still bullish on bitcoin (inverse head and shoulder didn't play out but this adam and eve bottom is looking very nice)
Comment:
How to play bitcoin with 99%? still need to see the second fib cluster
