The reason most people lose money is because they become fixated on LTF price action. They overleverage their positions in an attempt to capture outsized short term gains, and in doing so, they expose themselves to unnecessary risk and eventually blow up. Most market participants dramatically underestimate what can be achieved over a longer horizon because they are obsessed with immediate returns. In my opinion, this is one of the biggest mistakes in the market, and I see it on this app on a regular basis. I am accumulating Bitcoin, and my intention is to hold my position for the next two to three years. Many people believe that is too long, but history has shown that the majority of meaningful wealth is created by aligning with HTF trends rather than trying to trade every intraday fluctuation. Compounding, patience, and conviction consistently outperforms those who try to capture everything. So yes, I may look like a clown over the next 3 or 4 months. I may not time the exact cycle low. That is completely irrelevant to my thesis because I am not trying to optimize for short term volatility. I am positioning for the higher time frame trend. One thing I am confident in is that my thesis will prove correct over time, just as it did throughout this entire correction from 120K. “The market is a device for transferring money from the impatient to the patient.” - Warren Buffett(Killa)