The pamp continues in the markets. We're back above the 200-day ma. We are starting to see golden crosses.
It all makes me feel like this is a bull trap. Maybe that's just my cynicism.
But it got me thinking, what should I do with my BTC?
I have about 20% less than my target holding amount. If I sell now and BTC drops, I could buy back in at 18k and make up that 20% that I want.
But what if it keeps going? I'd be sad.
So... what to do. When in doubt, zoom out (mentally). I still think BTC is going to 6 or 7 figures over the next decade or two. If I sold most here and lightened my bags, that future cost is enormous. That future cost is way more than the 20% bump I would get from selling and buying back.
So sit on my hands and do nothing it is.
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pamp et to the moon
Good plan!
It takes courage to do nothing when fomo and FUD are fighting for attention
thanks. sitting here thinking about something else, this helped :)
Why not play around with small positions :)
More trouble than it's worth
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Such a great video, miss those bull run times with massive amounts of memes.
FUD/FOMO Meter seems to be under massive tension. Pomp is still without laser eyes on Twitter :D
No laser eyes? Sad.
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That is true, but insiders know that it's the best indicator for the bottom.
Man don't sell unless you are forced to do so. Isn't 14 months enough for a bear market?
Yeah, I think you are right. No idea if 14 months is enough or not. I'm very bearish on 2023 in general.
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