Somebody told me one time. There is no free lunch. And till one month ago I was of the opinion that with bitcoin there was finally free lunch.
I'm a novice. I'm not an economist, professional trader or informatic.
I came out of this month without the legs broken, but my stack is no more that of 1 month ago. I have smelled this correction, but I said me: It is still not time, too early. I don't take profit till I don't reach what I want. I was blinded
I did not arrived to that number. Nevermind... I tought just once. But I learned a lot of things and if I have lost some money, it's just my fault. I spent a lot of time to understand how trading works and there is a lot of work before to consider me as a trader. Time is precious as the money for what you worked hard. So give the right value at your time and your money.
Now Bitcoin just did a little fart on the upper side and everybody is crying at the end of correction. Who said that we are not in the middle of capitulation? I mean the value of 1 bitcoin was less than 1 Dollar in 2011. 1 month ago 20000. Now less than an half.
People are completely craving for more gains after this month and these are the perfect conditions to be trapped on a big bull trap. So think always twice, choose the best time and the right ammount to invest as well the right time to take money out of the table.
BIO
I'm a novice. I'm not an economist, professional trader or informatic.
I came out of this month without the legs broken, but my stack is no more that of 1 month ago. I have smelled this correction, but I said me: It is still not time, too early. I don't take profit till I don't reach what I want. I was blinded
I did not arrived to that number. Nevermind... I tought just once. But I learned a lot of things and if I have lost some money, it's just my fault. I spent a lot of time to understand how trading works and there is a lot of work before to consider me as a trader. Time is precious as the money for what you worked hard. So give the right value at your time and your money.
Now Bitcoin just did a little fart on the upper side and everybody is crying at the end of correction. Who said that we are not in the middle of capitulation? I mean the value of 1 bitcoin was less than 1 Dollar in 2011. 1 month ago 20000. Now less than an half.
People are completely craving for more gains after this month and these are the perfect conditions to be trapped on a big bull trap. So think always twice, choose the best time and the right ammount to invest as well the right time to take money out of the table.
BIO