I think doing less has genuinely become my best trading…
0 reactions
I think doing less has genuinely become my best trading decision this year
A friend asked me the other day what I was doing with BTC after another week of everyone arguing over whether the move was real or just another fakeout.
The funny thing is I didn’t really have an answer.
A couple years ago I would’ve immediately had some plan. Buy here, sell there, rotate into ETH, watch dominance, wait for a specific level. Now I can spend half an hour looking at charts, read three completely opposite takes on the same macro data, and then just close everything without touching a position.
That would’ve driven me insane before.
My setup has also become weirdly separated over time. BTC I don’t plan on touching is kept away from anything I actively use. I have another place for the occasional trade, another one I mostly check for pricing and liquidity, and another that I use for the lending and credit side of things. Then I still keep normal cash completely outside all of it.
What actually got me thinking about this was the same friend showing me his investment account afterwards.
He barely follows crypto. He checks prices occasionally, owns some BTC, buys boring traditional stuff and probably spends one tenth of the time thinking about markets that I do.
Meanwhile I’ve spent this year watching people flip from “cycle is over” to “we’re back” and then back again within weeks. One inflation print changes the mood. Then rates become the story. Then the dollar. Then some geopolitical headline hits and suddenly everyone has a new explanation for the same chart.
At some point I think I confused being constantly informed with actually having an edge.
The biggest change for me has probably been that I don’t feel like every piece of news requires a trade anymore. Most of what I do now is just making sure one bad decision can’t mess up everything else.
Maybe that’s just what a few years in crypto does to you...
#cryptocurrency
source
A friend asked me the other day what I was doing with BTC after another week of everyone arguing over whether the move was real or just another fakeout.
The funny thing is I didn’t really have an answer.
A couple years ago I would’ve immediately had some plan. Buy here, sell there, rotate into ETH, watch dominance, wait for a specific level. Now I can spend half an hour looking at charts, read three completely opposite takes on the same macro data, and then just close everything without touching a position.
That would’ve driven me insane before.
My setup has also become weirdly separated over time. BTC I don’t plan on touching is kept away from anything I actively use. I have another place for the occasional trade, another one I mostly check for pricing and liquidity, and another that I use for the lending and credit side of things. Then I still keep normal cash completely outside all of it.
What actually got me thinking about this was the same friend showing me his investment account afterwards.
He barely follows crypto. He checks prices occasionally, owns some BTC, buys boring traditional stuff and probably spends one tenth of the time thinking about markets that I do.
Meanwhile I’ve spent this year watching people flip from “cycle is over” to “we’re back” and then back again within weeks. One inflation print changes the mood. Then rates become the story. Then the dollar. Then some geopolitical headline hits and suddenly everyone has a new explanation for the same chart.
At some point I think I confused being constantly informed with actually having an edge.
The biggest change for me has probably been that I don’t feel like every piece of news requires a trade anymore. Most of what I do now is just making sure one bad decision can’t mess up everything else.
Maybe that’s just what a few years in crypto does to you...
#cryptocurrency
source
| 2,000 mlx | |
| 3 | |
| 0 |