Being a bear always sounds smart and practical.
Being a bull always sounds retarded and delusional.
Yet optimists tend to win in markets and pessimists tend to underperform.
Bears get to be right and bulls get to be rich.
Discussion
There’s a ton of folks out there that would rather be right instead of humble and wealthy. ngmi 🤷♂️
My work-around is that I am pessimistic short term and optimistic long term. Who says you can’t have it all?
This is a brain hack that seems to work well.
invert the bull and bear market and win
Bulls get rich ... or broke. Darwin style.
Yes but in fiat system that is manipulated to constantly go up, the bulls always have the wind at their back. In a bitcoin standard, the odds might be more balanced.