I’ve seen my portfolio go down -70-80% numerous times before, then make new highs again. This is the price we pay for generational wealth.
The non believers sell and exit, while the ones with conviction hold and bid more if they have more powder.
The diamond hands and people with conviction win.
There are times when you need to be greedy and there are times where you don’t. At times like this prior to catalysts and a pro crypto president that still hasnt gotten in office you want to be greedy, especially when institutions are still holding and bidding.
Now is the time i be greedy and believe.
Also, these types of wipeouts remove the garbage from the market and the ones that survive thrive on the next leg. We will have mooners cause market will be less saturated.
Keep your conviction strong, and believe in something.
Nfa,dyor.
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9December 19, 2024 3.4K 14
