Fear And Greed

There's only 2 emotions that run a market....... fear and greed.

They say go with your gut.... ?

A collection of all your past experiences dictates your future decisions.

When the heard runs in one direction or the other it's nothing but emotion that drives it. Your job as an investor or trader is to have your own angle to keep...

Your emotions out.

Neuroscientist Antonio Damasio of the University of Southern California tells us that it is important to pay attention to “somatic markers.” Originating in the insula (the island in the brain responsible for social emotions like pride or guilt) and the amygdala (which cues our response to threats), they send messages that something just feels right—or it doesn’t. The more you pay attention to the outcome of trusting your intuition in combination with facts, the better your future decision-making can become.

“Don't be pushed around by the fears in your mind. Be led by the dreams in your heart.”
― Roy T. Bennett, The Light in the Heart

The charts below.

-chart 1 is a current daily chart bouncing off of the 233 daily moving average.
-chart 2 is a daily chart of the 2014 bitcoin high leading into a couple year consolidation.

I'm not dogmatic in my decisions. I let the charts dictate my decisions......... emotions out.

We're at a time right now where I watch a little closer. Ya it sucks for people that bought at the top but that's what's called experience.

However having said all this stuff.

I am bullish long term......... but things do change.

bitcoin - Cryptocurrency - daily - March 9, 2018 .......... 2013 high and consolidation

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