The Biggest Risk to Your Investments Is You Yourself — from “The Behavioral Investor”
In the world of markets, we tend to think that the person with the best chart or the most advanced technical analysis wins. However, psychologist Daniel Crosby says in his book The Behavioral Investor that psychology and emotional control determine 90% of long-term success.
✅Trading and investment decisions.$BTC
⚠️Ego: we mistake a bull market for proof that we can predict exactly what a chart will do, which leads us to make fatal mistakes, such as ignoring risk management.
⚠️Familiarity bias: people resist changing their opinions in the face of scientific or market evidence. What’s familiar feels comfortable, even when the fundamentals show you a collapse is coming.
⚠️(The tyranny of the news) The brain makes calculations amid uncertainty, doubt, and fear. It makes decisions without looking at cold historical data. 🚨Emotion: we confuse comfort with safety. This leads to destructive behavior, so pay attention: ⚠️buying at the peak of euphoria and selling at the bottom of a panic, when you’re hurting. 🎯The neurology of money The pain of a real loss: suffering a major financial loss activates the brain just like physical pain or a threat of death. So you flee the pain, and it pushes you to liquidate your position at the worst possible moment. ⚠️Addicted to gains: quick profits activate our dopamine just like a highly addictive drug. Our thinking becomes clouded and creates gambling behavior and risk-taking. 🚨And here’s the most important part!! Crosby creates a foolproof system🚨 Fight primitive impulses by replacing intuition with automatic rules. Less activity, but more effective. Trading too much increases the noise and leads us to make emotional mistakes. Less is more💚 ✅Discipline beats intelligence. Winning means delegating to a mechanical system of your own design and sticking to it. We eliminate the need to think and trade when the market is nervous or euphoric. ⚠️Control your environment This is key, friends🚨 Never chase price noise minute by minute. Too much information doesn’t make you perform better; it makes you worse. This book blows your mind💚💚
Spanish edition of one of the best books on psychoanalysis by EDWIN LEFEVRE and LIVERMORE.✅📚📜⚖️
It’s called "Memoirs of a Stock Operator." edited in 1923 I assure you this book will change your financial life forever. Three books are actually my favorites, but let’s go with this one. It’s about Livermore, who is considered the most famous speculator in financial history. His three pillars. 1✅ the crowd never learns, and read it with other authors who say the opposite—you’ll see that they end up with a beautiful lesson. The crowd doesn’t learn. The market is mathematical. It moves through human greed and fear. He says people’s psychology is one and the same. The charts repeat, and here’s what he says: the traps set by the whales repeat forever.🎯 2✅ think about this second pillar in crypto. Big money is made by knowing how to wait calmly, letting the market cycle work in your favor. He says that OPERATING LESS means EARNING MORE. Real money isn’t buy and sell—that only gives exchanges wealth through the commissions from your constant movements. 3✅ recognize the trend and follow it, never work against it. Don’t argue about the price out of pride. Does the word pride not sound like trading out of revenge? Does the market drop? Sell, or wait outside. If it rises, you follow it.
🚨✅ The market is never wrong—your opinion is. There are moments when it doesn’t try to understand Livermore. The author understands him without consulting him because he doesn’t refute him—he also copies the strategy. So here you go with the Spanish version. After this, I’ll tell you about a book I read recently that literally blew my mind. There wasn’t $BTC , but this bible didn’t need it either. I don’t know if it’s in Spanish. Mastering the Market Cycle Howard Mark More graphically, and it explains the exact moment where trends change. If someone reads it, take all the time in the world, and once you understand it, tell me if I’ve taught you well—okay?💬💬👇
Good morning, friends. So $AKE is completely at rock bottom, right? As expected, it kept falling and falling, so I can buy a few #AKE for spot alpha at a good price and make good money in about two years. You never know what might happen, but what we do know so far is that Alphas don't explode until they hit bottom and go dormant for a while, right? Have you ever had any experience with an alpha coin where you had to sell? Did you sell well, or did the coin drop so quickly that you lost money? $RAVE #SİREN $RIVER #BinanceSquare # #SouthKoreaPlans11%TaxOnUSStockPerpetualFutures
I made a good trade late this afternoon and into the evening today, and after I closed it I started watching to see what would happen—and the same thing happened again. A really good entry 🎯 An exact copy of the previous one, where I made a better profit because the trend went down for much longer. And if you look at the last part of this trade, I lost a little money on this one too, just like the previous one, until I closed it. Two short entries $AKE ✅🎯🤗💚 And since I'm not a profitable trader and each of you has to do your own financial analysis, I won't tell you that AKE isn't touching the EMA 200 as support and will give us a beautiful third short at 0.005940.😜😂📣📣📣📢📢📢 Time to get some rest. It's a hard day's work today, and the only money earned through sweat, hard work, and planning is the money we earn from our jobs—and it's the best earned. And since I'm talking about this, invest in bricks and property when you can. Having a rental income pays off the invested capital and increases it. Look for where your area is developing and buy cheap farther away; it's like a trend—the place will come to you and its value will double or triple when everything comes together. The years go by quickly, and when you're young you have to build the foundations for investing. You'll achieve that by working hard. Buy coins, be patient; they'll follow a pattern similar to work, or supplement your investments in property. If you trade with risk, you have to accept it. There's no point in doing that after you've lost everything. A truly profitable trade is one that achieves its goals through sacrifice, perseverance, and effort throughout your entire working life. I don't disapprove at all if you want to take risks and put your capital into volatility—go ahead, nobody will stop you. Deep down, you won't know how sorry I feel. $BTC $ZEC #BinanceSuare @Binance Square Official #BrazilVirtualAssetLicenseDeadlineDrawsAbout40Firms
So from now on, Russia is changing its stance on $BTC and other currencies. and people will be able to trade without financial persecution. Right this Monday, where will those 6 billion stolen from Binance by North Korea go?😜😂 The guys are great friends. On the other hand, it’s a difficult Monday; they’re sensing elections in the US, and everything that brings uncertainty is a collapse. The week is starting normally, like the last few. What else can fall at this point? Elections on Tuesday, and depending on who wins, the threat of war between the US and Iran. I’m thinking—although I’m not a profitable trader📢🎯✅💚—of making two strong short trades. The market is psychologically weak. Remember that. And what does Smith tell you when this happens? Don’t know? The book is available all over the world and in its languages 😜😂😂📝📝📝📝📝 $AMZNB $AAPLB #BinanceUpdatesProofofReservesAddresses #BinanceSquare @Binance Square Official
#FBI确认朝鲜应对币安被盗事件负责 South Korea is the only one taking action to help the FBI regarding TraderTraitor, which is directly sponsored by the North Korean leader's regime. China hasn't commented, since although #Binance started there, it later left the country due to China's restrictions on crypto. There's nothing official from India. Japan issued a statement to local Binance users. Nothing official from the European Union. The US is directly behind this attack, since both USDT and USDC were used in the biggest hack in crypto history. Will Trump speak directly with the leader of the Korean regime? Another mess. The midterms are on November 3, and if all goes well, the US will attack Iran on November 4. @Binance Square Official #BinanceSquare $BTC How much do you think this affects the crypto world? Want to comment? 👇👇👇👇👇
BTC is a Scorpio, and the best of us celebrate our birthdays around this time. Like the coin, we're friends to our friends, not to opportunists. We know how to tell them apart, just as #BTC progressed from its beginnings. But if you get in at the wrong time, it liquidates you—that's why it earned more respect than anyone. Well, wishing all Scorpios lots of success during our month, and never taking a step back. You know it 💚🎯 This month, the market begins its comeback. 🤗 $ETH #CZDismissesClaimsBinanceHackWasPredicted #BinanceSquare @Binance Square Official
full support for @CRIPTOMONEDAS Y ACCIONES you're a good kid, man, with a lot to learn without looking back. I discovered the trading greats through you, and it was only from you that I learned many positive things. you understood me, gave me freedom of expression, and taught me things about this platform, which is new to me. but above all, when I had that conversation with you, you calmed me down and I understood. I admit I don't have the best temperament, but I'll never be a bad person. they'll never silence me, especially not parrots who can't get out of their cage. just keep moving forward, my friend. everyone here knows each other, and everything gets seen.
CRIPTOMONEDAS Y ACCIONES
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Information for the community
Good day, everyone 🙏
I'm sharing my statement here to keep the community informed.
My work relationship and God's timing:
I've always wondered about this: Why do you meet someone, and what is God's purpose? First of all, I want to clarify that I am a believer, although I don't really tend to express it much. But in recent days, I've been asking myself a lot of questions. What is the purpose of meeting someone when they're not doing well, but you support them as much as you can and give even when you have nothing left? But when you go through an emotional rough patch yourself, everything turns against you. Why? What is the purpose of this? What is the lesson? Should you trust people or not?
#BinanceSquare help so that many people can survive in this ecosystem without trading.
The Scuare social network encourages people to survive here by creating content. The way the wallet rules work is perfect. So content creators who copy and don't know how to handle a trend do perfectly well because they're good at social media. On the other hand, reward traders who trade and know how to do your job in their posts, right? Or is this no longer a priority?
So we're on the right track.⚠️⚠️😳😳😳😳😡😡🫣🫣🫣😵💫😵💫😵💫😵💫 Is the looting still going on, or is that outflow legal? Please provide accurate information about all of this. Where is that money, and how was it withdrawn? Isn't the inflow and outflow of money prohibited for 48 hours? What new update will we get tomorrow? Was SAFU hacked? You're going to have a massive exodus of customers. Do you know why? Because of poor communication, and because you don't look after wallet users or give them clear information. How is it that we find out more about what's going on through Twitter than here, where you keep posting announcements that contradict each other? Where are the #s? #BinanceSAFUFundTransferCompleted7499BTC This is the first one I've seen in two days, and it's because it's positive for you. Do you think people who speak up don't have the right to criticize? Where's the decentralization? Does @CZ have to constantly speak for you on Twitter? There are new people running things here #Binance who haven't learned, or who changed the original framework, to the point that we can even doubt whether the hack came from inside the platform. Rumors end when the information is clear, friends. #BinanceSquare @Binance Square Official $BTC ⚠️😳⚠️😳⚠️😳⚠️😳
Binance News
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B14g Reports Unauthorized Transfer of About 97 Million CORE
Bitcoin dual-staking protocol B14g said about 97 million CORE staked through its platform were withdrawn without authorization at 09:29 UTC on October 31 and sent to an attacker-controlled address. According to ChainCatcher, B14g paused the affected contracts after discovering the incident. The project is investigating with the Core team, security partners, and exchanges, while tracking the funds and coordinating efforts to freeze and recover them. About 68 million CORE remain on the Core network, and exchange partners have frozen about 9 million CORE linked to the attacker. The incident affected CORE staked through B14g; BTC staked through the protocol remains time-locked on the Bitcoin network and was not affected. B14g said its priority is protecting users and recovering the affected funds, and that it will publish a post-incident report covering the technical cause, scope, and plans for affected users. The project disclosed two attacker addresses: 0xc556ed208285406d71705927f92d4f4eaea579f1 and 0x27758c30f8e424fbd8ca605bf31e9496c26ce92c. B14g describes itself as a BTCFi coordination layer that provides dual-staking matching for Core and Babylon.
After the major Binance hack (around $6 billion, the biggest in crypto history):
Musk wrote “Everyday is Zeroday” (every day is a zero-day), citing the news about the hack.
He used laughing 🔥😂 and grimacing 😬 emojis in replies related to CZ (Changpeng Zhao).
CZ publicly asked him to stop “trolling” during a delicate moment and reminded him that Binance has a stake in SpaceX (stemming from its investment in the Twitter acquisition) valued at over $1 billion.
Musk also commented that a superintelligent artificial intelligence might one day use tactics similar to the hacker’s to make money for itself.
Earlier comments (2021) When Binance had problems with Dogecoin withdrawals, Musk wrote:
“Hey
@cz_binance
, what’s going on with your Doge customers? Sounds shady.”
He said he personally doesn’t use Binance because the sign-up process had “too many hurdles”.
$ZEC c kept within the minimum and maximum ranges, with no clear trend; a typical Zec move is starting now, moving to the 15-minute timeframe. The candle is about to close, and I'm entering. Do you know whether I'll go short or long?📣📢📣📢 The entry is very clear if you look at the 200 and the band's moving average. I'm not a PROFITABLE trader, and I don't trade #zec , but I felt like trading it today to see how this beautiful and, at the same time, so maligned coin behaves.
Do your own financial research and trade with great caution⚠️⚠️⚠️⚠️ or do whatever you like, since it's your money after all and you're all grown-ups 😜😵💫😂 $TRX $AVAX pay attention to this token; today it hit an all-time record for purchases. What I saw in this asset when they were showing the inflow per second was incredible 😜😂😂😂🤗💚 @CRIPTOMONEDAS Y ACCIONES A real avalanche, my friend.
Twitter is going crazy, but be careful with the information and the links. Don't open anything, don't open emails. Completely isolate your wallet. Don't open Telegram for any reason. #ElonMuskTwitter Focus on your own thing instead of putting those little faces on your account. It's time to support, not throw stones. Look at your funds 🚨 @CZ Excellent behavior at this moment. Twitter became X partly because of your participation. Everything comes back. #BinanceSquare @Binance Square Official $TRX $ETH #BTC ZAFU💚✅
$ZEC and how to PYRAMID correctly. Not recommended for people with little experience. Actually, don't pay too much attention to many of my trades, leverage, and margin 😜😂 I'm not a profitable trader✅🎯🤗 and I like to trade with a very dangerous but very controlled risk, as far as I'm concerned. Since I don't use an SL, it's my portfolio and the calculated amount of money I set aside for the cross trade that helps me with the leverage algorithms. Pyramiding means financing success when you're with the trend, or failure when you're trading against it. I use three golden rules. Buy the green candle in this case; that increases your margin and confirms the increase in momentum (always do this in a clear trend). Add margin on a red candle and you automatically average down. The point here isn't to try to save the trade, but to add margin, I repeat. Each margin injection blows out your SL if you use one, and you need to use it more with this leverage, so you have to adjust it quickly. With this leverage, the nominal position size grows quickly relative to the margin, so always remember this, and I repeat: Add margin when there's confirmation, never on a reversal—a red candle. In summary, everyone trades however they want and can, always being aware of the extreme risk in this case. I'm sharing what I do here, and I don't recommend what I've described to anyone. It's my knowledge, my money, and I take on my own risk, friends. Do your own financial analysis. You could say that a correct trade entry is very likely to succeed. Then the trade plays out, which can take days or even weeks, and knowing when you want to take profits is another matter. The entry can be perfect, but greed can make you lose everything after doing the hardest and most successful part, which was making that perfect entry.🎯✅😜 #BinanceSquare @Binance Square Official ⚠️#binanceescondelastendencias What you're doing here is really bad
HMA 9 for the trigger 27 for the trend 85 for the structure. These are my Hull settings. Unlike conventional EMAs, they move faster than the price, and once you get used to them, you won’t use EMAs anymore. VWMA: just the 20-period one if you use Bollinger Bands, so the chart doesn’t get too cluttered. The weighted average is very useful as a psychological moving average, and I always work near the Bollinger Band. If it moves above the Bollinger Band, the trend goes sideways or changes. If it moves below the band, stay alert. You can spot traps very quickly there. Using A/D is essential for clearing up this last bit of confusion caused by the band running very close to the Bollinger Band. If accumulation is K, we wait. If accumulation is M ⚠️ If accumulation is B, get out of there, champ. We mean that buyers have taken strong control, and the number is always positive. Same with distribution: if the price is above and the weighted average and Bollinger Band are below, then in this case the number is negative. At -K, we hold. At -M ⚠️ At -B, we’re out 😃
If I have more time one day, I’d love for us to work on the best combinations for different trades, and you’ll see how I trade and put my trading plans together. June or July is the idea. In the meantime, start with the basic concepts and tools, because I’m not going to start from scratch. I want to implement some nice things for everyone, like reading financial psychoanalysis. Create your own profile and explore everything. Short on time? Yes. Want to do something different? Yes. Want to trade live so we can learn about your methodology? Go for it. I know everyone here is patient 😜😃🤗💚🎯✅ @Binance Square Official #BinanceSquare Oh, if possible, I’d like everyone to speak the same language as me. Let’s see how I can implement this.
last night 732 plus 510 from today. A 1200-dollar drop in spot in a few hours, and I wanted to barbecue and have a glass of wine tonight. I’ll have to ask the butcher to put it on credit 😜😂😂😂 $YFI $NEAR @Binance Square Official