Long before we had bitcoin, we were trading. Most of us probably saw success in bull markets. But how did you do when the market was not trending in your favor? IF you would have held your position just a little longer how would things have turned out for you?
POINTS TO PONDER FROM THE GENERAL's TENT:
IF you believe Bitcoin is in a long up-trend who cares if it dropped a bit in December?
IF you sold at the drop, are you kicking yourself now?
IF you can hold on to this wild ride what do you expect?
I'm going to hold on and enjoy the ride. Nothing on the charts scares me.
If you're with me, comment back and let me know you are ALL IN.
IF you can keep your head when all about you Are losing theirs and blaming it on you, If you can trust yourself when all men doubt you, But make allowance for their doubting too; If you can wait and not be tired by waiting, Or being lied about, don't deal in lies, Or being hated, don't give way to hating, And yet don't look too good, nor talk too wise:
If you can dream - and not make dreams your master; If you can think - and not make thoughts your aim; If you can meet with Triumph and Disaster And treat those two impostors just the same; If you can bear to hear the truth you've spoken Twisted by knaves to make a trap for fools, Or watch the things you gave your life to, broken, And stoop and build 'em up with worn-out tools:
If you can make one heap of all your winnings And risk it on one turn of pitch-and-toss, And lose, and start again at your beginnings And never breathe a word about your loss; If you can force your heart and nerve and sinew To serve your turn long after they are gone, And so hold on when there is nothing in you Except the Will which says to them: 'Hold on!'
If you can talk with crowds and keep your virtue, ' Or walk with Kings - nor lose the common touch, if neither foes nor loving friends can hurt you, If all men count with you, but none too much; If you can fill the unforgiving minute With sixty seconds' worth of distance run, Yours is the Earth and everything that's in it, And - which is more - you'll be a Man, my son!
-IF by Rudyard Kipling
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The 50 day MA sure is offering strong support! Thanks cointelegraph for that article..Sometimes i'ts the simple ideas that turn out best... too many indicators can lead to too much confusion in my opinion. Let's see how this turns out.