Your ego will keep your mind closed. They tell you not to second guess yourself, but humans are stubborn. We build strong opinions and never let go, often sticking to them even when all signs are pointing in the other direction. This is especially true for crowds and markets. I was bearish on $PUMP when the coin first launched but I changed my mind and made money. When new information started coming in, I first stubbornly ignored it. It took multiple exposures to new information for me to realise that I might be wrong, and finally admit that I am wrong. Be aware of your own ego, and the opinions it holds you to and be willing to admit when are wrong. That is how you win.
Last week I couldn’t understand why $PUMP was trading at 0.0028 while the mobile app kept me coming back to it and SOL getting institutional interest I started believing that I was an idiot, who had fallen for jewish tricks, despite being initially bearish Turns out that the market was simply wrong 10b FDV pls
2.92K
1
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.