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RE: Beware of Euphoria! Just a Scaled Down Preview of What Hype Will Look Like...

in LeoFinance • last year

Wild predictions tend to get to me lol, and the mind begins to fantasize about different possibilities.

They used to get to me too. In fact, they are probably the reason why I failed (in my opinion) during the last bull market, besides not having a solid and well-defined plan. My thinking back then hearing all the outrageous predictions for the price of Bitcoin, made me think it won't stop below 100k. So thought many others, and we were all wrong. There are more elements to take into consideration besides one or more price target(s).

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         last year 

        Very true! There are other elements to take into account apart from price targets. I think the wild predictions create an anchor point in our minds about exiting later(instead of sticking with the plan) to earn more profits.

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