Weekend laugh or cry?

It feels a bit like we have picked up the pace in cryptospace again. Tons of movement is happening, and a lot of people are back into profits and it feels like they are willing to risk a lot more to reach or go over the previous all time highs.

After all, it takes money to make more money and cryptospace is the perfect example of this. Make 10% gains on your $10 bet is not such impressive eye candy as making $10.000 bucks on your 1 million position. The percentage is the same, the eye candy is what we fall for.

I think this potential fail for everyone who just stepped in. You won't make these kinds of gains in your first bull run, because it requires a lot of starting cash or a perfect entry back in the bear days. No luck in trying to compete with the big buys. Focussing on realistic own gains is perfect enough!

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I find it is difficult to use your own personal filters amongst the screaming sounds of the big boys shilling their gains. But the key is to look through this as well. These big guys are willing to put in 20x leverage with the possible option to loose it all, but on the other hand...yes, with a 3% price increase they will have big gains.

For me this whole crypto journey is a matter of focussing on myself and what I am comfortable with. It feels like weekends have a lot of motion in there around the weekends between CME closing time on Friday and opening time on Monday. We have seen upside and downside motion in these runs, but the last couple of weeks the BTC motion feels to want to fill the gaps. Maybe it is a feeling, but feeling (if you are not the hero with data) is good stuff to listen to.

It is hard to try not to get caught up in the super fomo around us and waking up this morning with with nearly every alt around +20%, it does take some mental strength to not buy more at the top.

Funny how this always comes up in our group of friends.

'But I dont understand why people always buy tops, and sell when they are in deep shit muddled water again'

But this is exactly how it works. People are having gains. They are siked. Others also want these gains and panic buy at the top. (even though that you don't know what the top is, ofcourse chart reading isn't that difficult).

Basic psychology. A has a product. B also wants this because the hype. B pays too much. A has lost their focus on it already. B gets screwed over and looses his candy.

For today I am just happy with the gains which are made. I am just so happy that got me some dips through blogging on HIVE in bear markets that i don't have to wake up in the night to see if my trade still exists. That stress alone isn't how you should want to live your life. Yes, you might make millions, but yes you might end up with the heart attack as well.

Let's keep it simple