Back in 2019, I had just entered the scene, watching $BTC rise from over 3,000 to 20,000. At that time, I was just like many new traders today, staring at the charts every day, wanting to sell at every rise and buy the dip at every fall.
I remember once when $ETH dropped from 1,400 to 80 dollars, I couldn't help but go all in at 300 dollars, only to watch it fall to double digits. Those days were really sleepless nights; the first thing I did every morning was check the coin prices, and my heart would race with every slight drop.
Later, I realized a truth: in this market, emotional trading is like using a magnifying glass to look at ants; the more you look, the more anxious you become. True experts are those with "emotional resilience"; they don't get excited when prices rise and don't panic when they fall.
The turning point was on March 12, 2020, when I watched $BTC drop 50% in a day, and oddly enough, I felt a sense of relief. Since it had fallen so much, I decided to just relax. After that, I started dollar-cost averaging, stopped checking the charts daily, and my returns improved several times over compared to before.
Now, watching $STO rise 35% today and $SENT 24%, it would be a lie to say I'm not tempted. But I've learned something: [real wealth comes from the compound interest of time, not from short-term riches]. Just as Buffett said, the stock market is where patient people make money from impatient ones, and the crypto world is even more so.
Looking at today's data, Bitcoin is at 66,596 dollars with a slight pullback, and $SOL is also consolidating around 81.87. This is the time to test one's resolve.
For reference only, NFA 📊
❓ Are you still losing sleep over short-term volatility? If you're calm, press 1; if you're still anxious, press 2.
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