Welcome back traders! Hope you’re weathering this dip OK, and aren’t stressing too much. I have a strong confidence that this is not the top, and that we’ll be moving up again soon. Most over-leveraged market participants already got cleaned out from the previous dip not too long ago and are being more careful now. There was no real catalyst for this move down. Elon tweeting, Binance investigation, blah blah blah…. I don’t buy it. None of that has teeth enough to have caused a change in the fundamentals. So hang tight, and stay on the safer side of things (Spot) until we get through this.
I don’t like holding my breath for between posts. I’m not cut out for this. But what’s the alternative? You giving me your number? Me giving you access to my wallets? No seriously, which would you prefer?
Thank you for the reassuring words. As a new trader these dips have been very scary and making me question if we are entering bear market (I am new so it's hard to tell what dips are temporary vs long lasting).
Nothing is more reassuring than a new AotC post by Chris in the midst of a little dip in the market. I'll be along for the ride while the market shakes out timid investors. Thanks again for all your insightful posts! Love that you're sending out these updates whether the market is up or down.
Maybe you can answer this too: what data are these charts collecting? The rises and falls are indicative of something, but what? General emotions of investors? Faith in the stock/currency? I know it’s an aggregate collection of something I just don’t know what these patterns really show I guess. Like a cycle is what exactly, an investing cycle or a mirror to the economy/purchasing power? Should have asked this in the AMA
I don’t like holding my breath for between posts. I’m not cut out for this. But what’s the alternative? You giving me your number? Me giving you access to my wallets? No seriously, which would you prefer?
Thank you as always, Chris.
Thanks a lot for the help/support you’ve giving to this community !
Means a lot
Thank you for the reassuring words. As a new trader these dips have been very scary and making me question if we are entering bear market (I am new so it's hard to tell what dips are temporary vs long lasting).
Nothing is more reassuring than a new AotC post by Chris in the midst of a little dip in the market. I'll be along for the ride while the market shakes out timid investors. Thanks again for all your insightful posts! Love that you're sending out these updates whether the market is up or down.
ATOM and ALGO
Maybe you can answer this too: what data are these charts collecting? The rises and falls are indicative of something, but what? General emotions of investors? Faith in the stock/currency? I know it’s an aggregate collection of something I just don’t know what these patterns really show I guess. Like a cycle is what exactly, an investing cycle or a mirror to the economy/purchasing power? Should have asked this in the AMA
Love reading these comments just as much as you guys love reading these posts, apparently! <3