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As we approach the final days of 2020, it’s time to reflect.
2020 has been volatile, unrelenting & unforgiving.
It’s also taught me more than any other year, by a stretch.
Below are some lessons I’ve learned in 2020.
2020 has been volatile, unrelenting & unforgiving.
It’s also taught me more than any other year, by a stretch.
Below are some lessons I’ve learned in 2020.
#Bitcoin 
is fucking unstoppable.
is fucking unstoppable.
I’ve always been more of a technical trader, but this year I’ve given more credence towards fundamentals.
They both have their merits & both can provide edges.
But I find that understanding & utilising them both, together - yields the best results.
They both have their merits & both can provide edges.
But I find that understanding & utilising them both, together - yields the best results.
‘The market can remain irrational longer than you can remain solvent’ - is something I believe will resonate with many after this year.
The markets can do the unimaginable.
Even if you think you know what certain outcomes may be, always be open to an outcome 10x worse.
The markets can do the unimaginable.
Even if you think you know what certain outcomes may be, always be open to an outcome 10x worse.
The world is full of idiots. Even more so than I thought 1 year ago.
No one knows what they’re doing. 90% of people are blagging in one way or another.
If you actually work hard, study, learn & soak up new knowledge / learnings like a sponge, you will have an advantage.
No one knows what they’re doing. 90% of people are blagging in one way or another.
If you actually work hard, study, learn & soak up new knowledge / learnings like a sponge, you will have an advantage.
Monetary policy differentials matter.
The Fed undertook a ‘whatever it takes’ stance - towards providing the markets what they needed.
Whereas the BOE took a more laissez fair stance.
GBPUSD strengthened (due to a multitude of factors) in 2020 - above is simply one.
The Fed undertook a ‘whatever it takes’ stance - towards providing the markets what they needed.
Whereas the BOE took a more laissez fair stance.
GBPUSD strengthened (due to a multitude of factors) in 2020 - above is simply one.
Being a bull until proven wrong is far more profitable than being a bear.
The markets we trade are designed to go up long term.
Don’t be a perma bear.
Just don’t do it.
The markets we trade are designed to go up long term.
Don’t be a perma bear.
Just don’t do it.
If you want to build generational & sustainable wealth, invest.
Don’t trade.
Or at least invest far more than you trade with.
Don’t trade.
Or at least invest far more than you trade with.
In order to be a profitable trader you need to be in a great mental state of mind.
If your mental health is lacking, it will lead to emotional decision making, thus bad decisions.
When I lose money, it is when my head is not right.
If your mental health is lacking, it will lead to emotional decision making, thus bad decisions.
When I lose money, it is when my head is not right.
Know what you’re investing in.
If you’re investing in an #Altcoin - do your DD.
Spend time in the community, ask questions. What do the devs do on a weekly basis? What are they working on?
Does their token have utility? Will it have utility?
Ask questions. Always.
If you’re investing in an #Altcoin - do your DD.
Spend time in the community, ask questions. What do the devs do on a weekly basis? What are they working on?
Does their token have utility? Will it have utility?
Ask questions. Always.
People are good at heart.
2020 is has been a real fucking tough year
People will have been unreasonable at times. I have been unreasonable at times
Being locked away & not allowed to go anywhere or see anyone is hard.
So I do my best to have sympathy & empathy where possible.
2020 is has been a real fucking tough year
People will have been unreasonable at times. I have been unreasonable at times
Being locked away & not allowed to go anywhere or see anyone is hard.
So I do my best to have sympathy & empathy where possible.
