🚨HOW NOT TO LOSE MONEY NOW …🚨
"If #TRUMP is buying, I will too"
This is how the drama begins. Keep reading, because if you understand this, you will stop losing money in the market.
I can't help but find it a bit amusing when someone tells me:
“I buy because BlackRock has bought”
“I buy because Trump bought it”
“I buy because my uncle's friend's cousin bought it”
As if that automatically makes it profitable. Do you really think that information reaches you because you’re smart?
It reaches you because they wanted it to reach you. And on top of that, it’s incomplete. What you know is just the tip of the iceberg, what they wanted you to know. Nothing more. You don’t know when or how much they really bought.
And above all, you don’t know their intention or what liquidity they have. Nor what time preference they operate with.
Let me translate it for you:
They can withstand a -60% drop without flinching. You, at a -15%, are already in panic mode looking to sell “to buy back lower” (spoiler: you won't do it).
📉 Institutional mindset ≠ Retail mindset
Trump supposedly bought #ETH at $3,400.
And what happened?
Since then it has dropped by -50%. And you, who bought because "if Trump buys, how can I not buy?", are eating losses that you could have avoided.
Meanwhile…
Who tells you that he wasn’t selling you double what he bought of #Ethereum from another wallet?
You don’t know. And you’re not going to know. Ever. You think you’re copying the smart ones, but in reality, you are being manipulated like everyone else.
Stay calm and always do DCA of #bitcoin , it’s one of the few things that will work in this market in the long run.
Remember, the market of #criptomonedas is the jungle.