Another day where we went from it's all over to we are so back in under an hour.
The people who will be impacted most by this are those who were stopped out earlier today or manually closed just before the squeeze.
It happens, we've all been there.
If you're not long from the pico lows, it doesn't mean there's no opportunities for you anymore.
Typically after a news related headline, you get a few hours after where the dust settles. During this time, you get consolidation periods that can be used for your next trade argument.
I guess the main point is to not waste too much time by being annoyed that you were stopped, manually closed, or completely flat. It's not worth the frustration to dwell on it too much.
Get to your favorite altcoin charts and plan your next trade. There's opportunities everywhere.
A lot of CT is complete nonsense that WILL impact your decision making. I highly recommend creating a list of your favorite follows so you can easily go through helpful information.
Treat any content outside of your list as purely entertainment.
The longer you're in the space, the more you realize that the BEST usecase for altcoins is to ride the trend or hype for as long as possible and never look back when it's over.
Enter into the easy trade setups, take your profit, and run for the hills.
The minute you believe the coin is different is when the pain and misery begins.
Take a break from the charts and thinking about the market. The markets will always be here. Don’t miss out on valuable time with family and friends because you’re constantly distracted.
Enjoy the outdoors, enjoy a hobby, do things.
It’s honestly better R:R for your trading to get some mental breaks.