Resdegen 📊🐵
@resdegen
”Remember: Its not about how many pumps you collect, not even about who makes the most money. Its about how you play each hand, wether you reach your goals, and most importantly, whether you keep your money when everything collapses”
- @resdegen
”If there's more downside than upside, regardless of current BTC moves, you'll likely be better off with some cash on hand - it will give you a sense of indifference and therefore objectivity towards market direction, diminishing emotional reactions”
- @resdegen
”On market dips, rotate your current risk towards alts with highest chances of bounce or long-therm outperformance (relative strength alts). What you dont want is a market-wide bounce while your bags remain flat or barely up, having lost the possibility of a good entry in a winner, and risking further severe drawdowns if BTC nukes again”
- @resdegen
”If you've achieved your goals, why don't you just save the game and start again operating from a position of calmness, abundance and objectivity? It's literally like a videogame - you don't do it in one-go without shutting down the console”
- @resdegen
”→Take money out progressively regardless of your views on the market as you win.
→Establish bigger clear goals with R:R on your own lifestyle: above a certain net worth you start taking less risks because the upside won't change your life, but the downside will certainly will (eg. $500k -> $900k doesn't change your life as much as $500k -> $100k even though the net difference of $400k is the same)”
- @resdegen
”Take more money out and reduce risk at those levels you establish for yourself. Your goal is to operate from a position of abundance rather than from fear and scarcity. You'd be surprised how much objective you can become—suddenly, there's no emotions that control you anymore”
- @resdegen
”Detach yourself emotionally from tokens. Tokens are merely vehicles for achieving financial growth—they are not loyal, nor do they "care" about you”
- @resdegen
”Remember: Its not about how many pumps you collect, not even about who makes the most money. Its about how you play each hand, wether you reach your goals, and most importantly, whether you keep your money when everything collapses”
- @resdegen
”If there's more downside than upside, regardless of current BTC moves, you'll likely be better off with some cash on hand - it will give you a sense of indifference and therefore objectivity towards market direction, diminishing emotional reactions”
- @resdegen
”On market dips, rotate your current risk towards alts with highest chances of bounce or long-therm outperformance (relative strength alts). What you dont want is a market-wide bounce while your bags remain flat or barely up, having lost the possibility of a good entry in a winner, and risking further severe drawdowns if BTC nukes again”
- @resdegen
”If you've achieved your goals, why don't you just save the game and start again operating from a position of calmness, abundance and objectivity? It's literally like a videogame - you don't do it in one-go without shutting down the console”
- @resdegen
”→Take money out progressively regardless of your views on the market as you win.
→Establish bigger clear goals with R:R on your own lifestyle: above a certain net worth you start taking less risks because the upside won't change your life, but the downside will certainly will (eg. $500k -> $900k doesn't change your life as much as $500k -> $100k even though the net difference of $400k is the same)”
- @resdegen
”Take more money out and reduce risk at those levels you establish for yourself. Your goal is to operate from a position of abundance rather than from fear and scarcity. You'd be surprised how much objective you can become—suddenly, there's no emotions that control you anymore”
- @resdegen
”Detach yourself emotionally from tokens. Tokens are merely vehicles for achieving financial growth—they are not loyal, nor do they "care" about you”
- @resdegen