This is a great post from @honey_xbt Risk management is the hardest part of trading. Knowing when to be aggressive and resisting the urge to be when you feel like a genius. One more nugget. Crypto is just one sector. If it’s late wave count there, there is an early wave count somewhere else … I like the healthcare & China equities.
Honey
Honey19 tuntia sitten
one of the toughest lessons i learned in 2021 was overleveraging and oversizing positions late in the cycle, chasing every new narrative with size but this time around, i’m not making that same mistake again if someone’s telling you “you’re still early” or that “institutions will buy your bags” there's a good chance they’re either looking for exit liquidity or they don’t fully understand where we are in the market cycle BTC at 120k, ETH at 4400 and SOL at 200 with numerous 6-figure airdrops and massive opportunities in the last 2 years and you still think the meat of the move isn’t already done? we are not early anymore, we are probably deep into the cycle and if you don’t actively protect your capital and manage risk, the market will take it from you survival and discipline are more important now than chasing the next big thing p.s ~ this is not a bear or a bull post, this is me simply telling you something i wish someone told me back in the days
3,47K