LJ Articles| 25/08/2021 | #1
The Art Of Zooming Out
by Lorimer Jenkins, y.at/⌛🚀💎🙌
Ever wonder how so many people will put millions of pounds on the line and can still stay so calm and collected when Crypto’s drop more than 90% in a day. Well it’s very simple, let me show you what most ordinary people do.
Here is the 2021 top where Bitcoin dropped from $64,000 to $29,000, most people who aren’t in the investment game would panic sell. Let me show you what sophisticated investors do.
They just zoom out, it’s pretty basic right. And that is all there is to it, just HODLing when times are tough and you usually then reap the rewards.
Still not convinced ? Let’s zoom out again.
Suddenly that 50% drop doesn’t seem so bad considering Bitcoin had still done a 700% return to that 50% drop over the last 3 years.
Think you have missed the boat still ? Lets zoom out again
You just need to forget about Crypto for a while sometimes, when things seem tough just walk away and check on it again in 3 months.
Lets see what would’ve happened if you waited after that 50% drop.
And hey presto if you would of just HODL’d you would be fine. And even if you bought the top, the 5 year trajectory looks pretty strong so just hold on !!!
When looking at a new asset class under 15 years old you have rarely missed the boat, look at Golds first 15 years.
Do you think the original people to start keeping Gold missed the boat ?
This is just the beginning so calm down, take a step back and ZOOM OUT.
by Lorimer Jenkins
Disclaimer : I am not a financial advisor these articles for education purposes, new articles realsed by 12pm BST every day.
