
Zeneca
@zen
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If you’re in a state of anxiety, fear, panic, etc because of the markets — step away from your computer and go do something active. Lift weights or go for a walk or anything that gets you moving and away from the charts.
You won’t make good decisions in that state, and you want to clear your mind. When you have a clearer mind, go through and evaluate all your holdings.
List them all out and start ranking them by level of conviction, from highest to lowest.
Then ask yourself the question: “if my portfolio was liquidated to stables today, would I rebuy all of these tokens?”
If there is anything you say “no” to, you should probably sell it now — even if it’s down 90% from its ATH (remember, just cause something is down 90% doesn’t meant it can’t go down another 90%)
This is especially true if you answer “no” to anything with low conviction
I find this exercise helpful regardless of the market conditions, but I find it especially helpful during periods of peak mania and peak fear 2 replies
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