The Long Investor

$ETHUSD - IMPORTANT NOTE -

Added 2024-01-26 17:24:29 +0000 UTC

Stocks and crypto will push your patience to the absolute limits....nobody is immune from feeling this pressure, it is how you behave in these moments that will separate you from the novice investors to the experienced and successful investors.

The key is not to get triggered.

The market wants to trigger you, this is how the markets work, weak hands get triggered out of a position, causing a snowball effect of selling and a stock becomes undervalued again, where traders and smart investors are waiting to snap up your cheap stocks and crypto.

Do not be this person.

Have a strategy and keep to it.

Most inexperienced investors really suffer here when they buy only once into a position instead of DCA'ing in.....position sizing is vitally important, I always split my allocation into 5 parts and make 5 buys.

This is why my $NIO average is not at $14 but at $8.70....my lowest buy was $6.40 and my highest was $14.

$ETH has held above its amber line we highlighted in the last update and $BTC has done the same at the 0.38 Fib.

Let's see if this is the start of the next leg up.

I have a position here.