US Equities are green on the pre-market Could it be that B | Sykodelic 🔪 no Binance Square

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US Equities are green on the pre-market 
Could it be that BTC was just weekend liquidity hunting and using the narrative to get sensitive Crypto bros to panic sell? 
Hmmmmm….

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Altcoins(OTHERS) broke out last time things looked like this. For a long time now the setup has been following the same pattern as the previous consolidation and breakout. If you've been following me, you will be up to date with this OTHERS chart. But now, after this recent drop... when we zoom in we can see it is still following super closely. We had the bottom, the breakout, now the deviation. And the timeframe is almost exactly the same also. I cannot say whether this next move will also follow, but we cannot deny that this is pretty crazy to see. The breakout is now the only part of this pattern that is yet to happen. The last thing to note is that since the previous breakout, this recent consolidation is actually a HTF Higher Low. When we see all these confluences, ignoring them is folly.

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The single most important thing with investing is this. You must be able to see beyond the current environment, and your own feelings, and see into the future. You have to be able to conceptualise a future outcome that is totally different to the current setup. For example. It is very easy to be consumed by the War FUD and believe it’s all over. It’s very easy to be in the situation where BTC Dominance has been rising for 3 years, and feel confident it will never drop again. To win, you have to be able to totally take yourself out of the current environment and look beyond. And this is what so many cannot do. If you only believe in what is currently happening, you will never ever be able to position for the future. And if you can’t do that, you will lose forever

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I just also loaded some more $EVA. I am actually underwater on this bag now, but do i care? No. I have just had the opportunity to lower my average price, with a large amount of upside potential on the cards soon. When you take positions into a project and it falls lower, you do not sell that position. You buy. I do not care that my initial investment is down... it is a total non issue that causes me zero anxiety of any kind. We must move with utter resilience and tenacity within these moments if we want to maximise our profts. That's it.

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This is one of the most important tweets I will ever write. And it is one of the most important lessons you need to understand as an investor if you want to make it. Here it is... - Any buy that is worth taking will ALWAYS be surrounded with fear. And the better the buy, the greater the fear. This is because every single time prices drop there will always be FUD. Always be people panicking because prices go down and portfolio goes down. The masses begin to worry about losing money... bad headlines come out, or something unexpected happens. Lots of people panic sell and you get big red candles that scares people even more. And evert time this happens, you will be able to convince yourself that its different, because the majority will be agreeing with you and sharing their collective fear. But this is not how it works. You must get yourself to a place in your mind philosophically whereby you can process this paradigm. You will never be able to escape it. Every buy worth buying will be a difficult thing to take. But instead of seeing that discomfort as a sign to not do it, you must see it as a sign to do it. And the more discomfort you feel, the greater the opportunity. I have had irl friends reach out to me today asking if everything is fucked... And constant rude comments on my posts calling me a retard. When the stats tell us we're in golden buy territory again. Understand this lesson, embody it, and you will win.

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While everyone is selling at a loss I am buying. Just scooped up more #0xGAS here at an amazing discount. This is going to be one of the biggest project over the next few months. And I think this level holds for a bottom. If not, I will simply DCA lower. No matter how many times these FUD periods happen, most simply lose their minds through fear and sell instead of buy. I do not try to time the exact bottom, I just buy high quality projects and DCA. Because I know we're going much higher and I have conviction to hold any buys that go underwater. If you want to be successful, holding onto underwater buys is just part of the game.

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