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Avoid buying into weakness/resistance/supply...
If you bought up here, now you have to sit through a reset in the red and will settle for the mediocre excuse "hodler"...
But will it even reset? and if so, how long can it take. Last cycle lasted 73 days. Can you tolerate 72 days in the red? or do you tap out at support at a huge loss (weak hands)?
there are hodlers and there are traders. Nothing wrong with either one, but just don't decide which one you are after you are stuck in a bad trade.
Still an uptrend. Wait for the retracement. You will be proud of yourself. And if it does not re-accumulate, great! you aren't stuck in a bad trade.. make sense yet?
If you bought up here, now you have to sit through a reset in the red and will settle for the mediocre excuse "hodler"...
But will it even reset? and if so, how long can it take. Last cycle lasted 73 days. Can you tolerate 72 days in the red? or do you tap out at support at a huge loss (weak hands)?
there are hodlers and there are traders. Nothing wrong with either one, but just don't decide which one you are after you are stuck in a bad trade.
Still an uptrend. Wait for the retracement. You will be proud of yourself. And if it does not re-accumulate, great! you aren't stuck in a bad trade.. make sense yet?
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