My Two Bits...

Some thoughts on a currently Trending Topic of "Cryptocurrency Trading". Todays market price Volatility, more specifically, the sharp sell off, mostly across the board. Could it have been avoided ? Absolutely Not ! Just like when Bitcoin broke the $10K mark for the first time, it was personal for a lot of people. Greed and Fear dictates the market price, which moves our P&L's on which we make our "rational" trading descisions, sometimes. And sometimes we don't, but instead let our emotions make the trading descision for us. At the end of the day, when all is said and done, the Market is Always right ! The score is clearly recorded by our Profit & Loss Statements on the newly availble, indistructuble, blockchain technology. This can be a blessing or a Curse, just depends on which side of the coin you happen to be. It can definately be a viscious cycle of frustration and pain if caught on the wrong side of that equation. People that missed the $10K mark, but were there on time to buy the $20K signal "break out" in Bitcoin, were disapointed...to say the least. Should it have been avoided ? How ? Why ? By whom?