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it happens when you don't believe your own instincts, you'd be Rekt unless you learn to believe what you think is logically possible in the market
But yea I fooled myself by thinking it could go this high from here not thinking about the drawdown that was in the hindsight.
I'm more pissed because crypto is mentally making people ill with this market reaction while Gold is at all time highs, stocks are at all time highs.
There's only one thing that can save us at this point
Uptober is going to be wife changing?
I can tell a lot of people who would just quit crypto if market doesn't go up in October. It is quite a shit year for bitcoin because S&P is up more than bitcoin, Gold is even more higher and we have headlines like billions of dollar flowing into the market
But where it all went? Pumpfun isn't even that bad after all as people have made money through that coin.
Seasonality is a thing so crypto should do well in October. Doesn't matter if stocks goes to zero tomorrow I want my coins to go up before I kill myself.
It became so frustrating being in this market while watching stocks ripping everyday. Kind of feel like I've picked the wrong side of the coin and we'll be poor forever if we stay in crypto
Still there's hope as Uptober is coming in 4 days.
While total3 is looking like this, it is a retest after fresh highs
Uptober would be a perfect month for altcoins only if seasonality is still a thing.
I believe in seasonality like it always repeat what has happened most of the time so why even go against it?
Avax is going to be a Good trade
Last time I said I'd be buying Avax till October begin because it has the narrative and can pick up pace real quick in the market
As well as the chart looks good to position for long term.
The plan is just to hold it through q4 and when we get this seasonal pump in market.
There's no point of holding it for months, just sell the seasonality pump it'll get soon.
SUI is another Good hold
I can't just stop thinking of getting more SUI because it has shown strength this entire month and it's up a lot from months without going -80% down this cycle
If you believe this bull cycle is over than you can call this distribution but if you do believe bull cycle is still here
There's no other coin I'd buy as much as SUI. As it is just about 30% off from ATH and above that it is air
And won't even take long to reach $10 and I believe in it's next wave up it's just possible to make it all back from this one trade.
Wrapping Up...
In the end you're lucky if you've survived these last couple of days in the market. Wasn't easy to make it through this one
Or maybe we'll have to endure a bit more pain first before we get to see the beauty that lies ahead Infront of us
I'll stay bullish despite being frustrated seeing stocks at high. What do you think? You Gonna hold through whatever storm that is coming ahead? Share your thoughts in the comments.
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Gold saved me, crypto not so much. I think it will turn up sooner than most think.
Avalanche DEFI/GAMEFI was where I did a speedrun on the perils of hype over fundamentals.