Stick to proper risk management and defined trading rules
One of the hardest skills to learn is patience. It is emotionally and metaphysically difficult to wait for a trade. One is often tempted to take advantage of the market when one sees an opportunity. This ideology is canonized in the saying "take what the market is giving you." When you see an opportunity act swiftly.
The antithesis is codified in the saying "plan your trade, trade your plan." Both seem equally valid upon first glance. When analyzing the sentiments provided in both we are presented with two characters. The first being an opportunistic, emotional, reactive, quick thinker, that leaps. The second being a calculated, robotic, meticulous, risk conscious executioner, that filets.
Which seems better intuitively?
Always leave money on the table metaphorically
Taking advantage of every opportunity leaves no capacity. Life is full of endless opportunity. The sun shines each day and humans harvest a fraction of it's free energy. As long as there is breath in the lungs, there is money on the table.
Leaving money on the table is mandatory because there is endless opportunity. This contradicts the foundational concept of a limited supply of bitcoin. With a finite 21 mil, how can one possibly justify passing up an opportunity?
While I do not know the full metaphysical implications of saying no, my intuition says that a "no" is more often a "not yet". Only with introspection, meditation, prayer, and full conscoiusness can one determine the best course of action. Hence "the plan".
Is it always now or never?
Always leave money on the table literally
Tipping culture is different throughout Earth. In the American culture I operate in, tipping is expected in certain situations. A patron with enough financial means to pay for services is often expected to compensate the server above and beyond the wage.
Stiffing a server is seen as rude, leaving extravagant tips is seen as generous. Generosity and fullness of spirit seems to be better.
In a value for value economy where voluntary actions are rewarded by future benefit, generous acts are leveraged multiples. The microcosm of this is Satoshi. Satoshi, burned, donated, or lost a million bitcoin. Doesn't that inspire the noblest sense of gratitude?
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