The 'write down what you'll do in a 50% drawdown' advice is pure gold. Most people think they can handle volatility until they're watching their portfolio crater in real time. Pre-commitment when you're calm vs. decision-making when you're panicking - completely different outcomes
The 4-year cycle is dead, market structure has evolved with constant liquidity now in play. The price of Bitcoin respects structure and flow more than cycles.
I grew my portfolio from scratch by focusing on pure chart behavior using signals from @Adriana McGrath. She also runs a course for newbies who want to learn how to navigate the market without stress.
Thanks. Some great points here to think about structurally and emotionally. I would argue your point about having international exposure goes against low cost(a lot of hidden cost)and by holding broad S&P500 ETF’s international exposure is efficiently covered with 30-40% of S&P500 revenue coming from outside US.
Awesome Article
Good Reference
For Everyone
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Thanks, I don’t know about that but I appreciate the enthusiasm and support.
The 'write down what you'll do in a 50% drawdown' advice is pure gold. Most people think they can handle volatility until they're watching their portfolio crater in real time. Pre-commitment when you're calm vs. decision-making when you're panicking - completely different outcomes
The 4-year cycle is dead, market structure has evolved with constant liquidity now in play. The price of Bitcoin respects structure and flow more than cycles.
I grew my portfolio from scratch by focusing on pure chart behavior using signals from @Adriana McGrath. She also runs a course for newbies who want to learn how to navigate the market without stress.
Thanks. Some great points here to think about structurally and emotionally. I would argue your point about having international exposure goes against low cost(a lot of hidden cost)and by holding broad S&P500 ETF’s international exposure is efficiently covered with 30-40% of S&P500 revenue coming from outside US.
Look at all that AMZN.