Most people look at the price charts now and are stressed, emo | Cicero’s Compass

Most people look at the price charts now and are stressed, emotional and panicking. Are u one of them? If u are, it means u are investing wrongly. Don’t ever over invest what u can’t afford. If u want, go look at charts like supply flow out of exchange, long and short term holders charts and more.

We are micro bearish and macro bullish. This is an extended bull cycle and the longer it drags, the higher the peak will be. There are a lot of people saying we have entered a bear market. These amateurs are looking at price charts making wild guesses. A bear market or crypto winter won’t happen without a parabolic top.

Now let’s look at the short term. When price is going down, u have to ask:

Who is selling and why?

The price charts won’t tell u why and won’t tell u the true story. Price charts will only cause u to go on a roller coaster ride of emotion especially if u are doing futures trading. U have to ask why is there supply shock yet prices are going down? The price charts are contradicting the metrics. By now u should already know why.

I am 100% certain because I don’t look at price charts. That’s like watching news on TV and believing the story they want u to hear.

Short term is unpredictable. Its possible we go down further. But macro wise, we are 100% still in a bull cycle. However, there is no way to predict accurate timeline.

BTC is the place to be. Make sure more den 50% of your portfolio is in BTC. The rest of my portfolio are mostly gaming/metaverse coins. If they continue dropping, that’s good. Use your BTC to accumulate more to balance it. Hold and stay in the game. As long as u are in SPOT, u have nothing to be worried about.

STOP looking at price charts and go live your life. Don’t let the price charts control u. We will hit beyond 100K this cycle. Let time and the whales do whatever they need to do.

Go enjoy the holidays.

- Mr Cicero
@CiceroCompass