remaining bullish after exaggerated moves often feels like pushing your luck takes a lot of humility to recognize that in doing so, we’re acknowledging the inability to predict things such as market tops—I see nothing different in today’s market that I haven’t already seen dozens of times throughout the past 4 months yet, in all honesty: if I were not so strict about respecting trends, I would’ve likely been calling tops 3 months ago, or finding silly excuses like “summer chop” or “CPI” to not bid instead, I’ve allowed myself to ‘think logarithmically’ in a trending market, which has given me the grace to adhere to that same philosophy today and being blatantly wrong [at some point] because there is no sense in waiting for these trending regimes in crypto, where most will make their wealth, only to be a gravity enthusiast when it finally arrives whenever the trend comes crashing down [bc all trends break] those that yielded sufficient gains will have the courage to cut positions on a whim in order to avoid the next substantial selloff and the cycle repeats.
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