Sentiment follows price

in #bitcoin15 days ago

Don't pay attention to sentiment

Pay attention to price, not sentiment.

Price is happening now, sentiment follows price and is a lagging indicator.

That is why when everyone hates something it is time to buy and when everyone loves something it is time to sell.

Like this:

image.png

(source: https://x.com/Washigorira/status/1792223810520809844/photo/1)

When you buy it should feel terrible and when you sell it should feel even worse.

Those are the emotions that must be mastered in order to be a good trader.

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