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RE: Desperate Times

in LeoFinance4 years ago

Great sentiments, parallels and advice here again.

Investing, especially in Crypto when you are desperate is like desperately taking the mortgage payment to the casino. Strategy is one thing but there is some luck and other things out of your control at play. If it was easy and profitable, everyone would be doing it.

Once you go green, red is just around the corner so be ready to ride it out!

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when you are desperate is like desperately taking the mortgage payment to the casino.

Precisely. Lose the farm. People stare at the charts, thinking they are good enough to beat the chart builders.

Once you go green, red is just around the corner so be ready to ride it out!

This is why that trend is so important - if it is moving up, the red floor will slowly move upward too, so the loss continually gets backdated and replaced by a gain.