I wonder if any fans remember this trade from last year. I'd estimate only the first 50 or so followers would know about it—I was still in the sister group chat back then. For long-term positions, you really need to hold for several months, and there will be prolonged consolidation in between. It's about shaking out weak hands and eliminating high leverage. So you must maintain strict position sizing discipline. Back then, plenty of people were shouting about Bitcoin reaching 150,000 or 250,000, but the decline came precisely when sentiment was at its peak.
I wonder if any fans remember this trade from last year. I'd estimate only the first 50 or so followers would know about it—I was still in the sister group chat back then. For long-term positions, you really need to hold for several months, and there will be prolonged consolidation in between. It's about shaking out weak hands and eliminating high leverage. So you must maintain strict position sizing discipline. Back then, plenty of people were shouting about Bitcoin reaching 150,000 or 250,000, but the decline came precisely when sentiment was at its peak.