RE: ARE YOU A LONG TERMS INVESTOR? STOP LOOKING AT YOUR PORFOLIO
I encourage people to watch their portfolios. Something happened in December that should not be forgotten.
In December, 'something' manipulated the crypto world, most impactively BTC. Those who knew how to play the game racked up some serious gains...walked off with boatloads of fresh 'cash'.
While the balloon was being pumped with hot air...HODL...to the moon....woooooohooooo....those skilled at the pump and dump, kept at it. They were 'skilled' at reading the charts and the rumor and news 'technique'. The 'unskilled' bought the HODL, even started mortgaging their property to get on the BTC train at over $10K...smh...
Then, BOOM! Just like a balloon pops, and the moisture from the 'air' sprayed many left HODL with air. The skilled kept the script going...it'll bounce....nooooo...
And, before long, those who created debt ended up playing a loser's game; and, the 'skilled' laughed all the way to the bank, playing the 'game'.
It shall be interesting to see how far BTC falls. The money has been made. The gig is 'up'. When things cool, this will happen again. The wise will keep an eye on their portfolio, and remember.
Peace.