I’d be retired now if I’d just bet against myself the last 3 years https://twitter.com/smilinglllama/status/1337323383541927936

Seriously, if you’re new to trading, a good a strat as any would be to bet when you don’t want to, and to stay on the sidelines when you’re feeling comfy about betting... /1

The number of times i sat sidelined watching the chart at key levels because i felt uncomfortable was the time to bet big, i can remember those days vividly - December 15th 2018 working a weekend in the office eyeing up 2k levels ffs

When i say bet big, i don’t mean put the house on it, or all in 100x your account, it’s more that the ‘bet big’ mentality is that you’re at a point of maximum opportunity (these don’t come around very often) so maximise your gains during these small windows

Are we at a ‘bet big’ moment now? Idk. My last two bet big moments on bitcoin were around 7k earlier in the year and again 9.5k, both times i didn’t maximise the opportunity that i got right, and it ended up feeling like a loss even though it was a winning trade

The rest of the time trading is about plucking some profits out of the market when you can without fucking yourself over, staying alive and ready for those bet big moments imo. Others have spoken about this, and funnily enough they come from poker or sports betting backgrounds..

I guess another way to look at it is knowing when to put your foot on the gas. People joke and meme the whole ‘bet more’ thing, but it’s fkn true, and those that understand it are the ones who make the serious money.
Fk it I’m rambling on a Sunday morning and i need more coffee