Sharon seeley on Warpcast

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Here's the (uncomfortable) truth about crypto. No one on this app has a f*cking clue what happens next. This includes GCR, Ansem, Capo, Kang, or any of the other 1000 traders flooding your timeline. The cycle top could be already in, or maybe it's later this year, or in 2025, or even in 2026. Or maybe we aren't even in a cycle. Bitcoin may go to $100k this year, it may not, or it may go to $40k before it does. No one knows. And I mean no one. No matter what they claim. But this doesn't matter. Your goal as a trader/investor is to interpret market changes, digest new information to the best of your ability, and manage risk accordingly. Just make sure you follow these 4 principles:

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1. Stay vigilant. Those who are quick to adapt to changing conditions/process new information typically come out ahead. 2. Don't go all in on a single thesis. This market doesn't owe you anything. Your bias doesn't matter. Always have a plan B if plan A doesn't pan out. And have a plan C for plan B. 3. Be wary of "consensus" trades. When the whole TL is bullish, that's probably time to take profits. And conversely, when the entire TL is screaming for lower - that's probably the time to buy. Popular sentiment if more often a counter signal, than it is correct. And MOST importantly: 4. Never put too much weight on a single trader's thesis. Take the information in, analyse it, acknowledge it - but don't let it solely drive decision making. Otherwise you'll be flip flopping daily. And even if your initial bias was right, your portfolio won't reflect it. It's good to have a thesis - but find that balance between being too flexible and too ridged

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