Damn my fucking emotions. Unlike martial arts, day trading is something best executed when one detaches oneself from their emotions. Decisions should be made based on logic, not gut feelings and superstitions. I have made a lot of mistakes, and in every one of them, I see a common thread. Emotional content influences my decision, and that's when I lose money. Every fucking time.
A few days ago, I would have sold some of my bitcoins for around $680 each. I was going to convert it to steem power. I had every reason to execute the trade. All the numbers looked right, and the concept was the most revolutionary thing I had seen in cryptocurrency in over 5 years. I had every reason to execute this trade, but I didn't pull the trigger, because I was paranoid and afraid. I listened to my friends, as they told me I was getting scammed, and I allowed their uninformed opinions influence my decision. I should have known as soon as I heard them asking the same questions that they asked about Bitcoin in 2011. "Where does the money come from?" "Who owns it?" "Why would people put money into that?" I had already answered most of these exact same questions, for these exact same people, about Bitcoin 5 years ago. Explaining cryptocurrency to people can be a bit frustrating sometimes.
So now I sit here and stare at numbers on screens. Steem is rising. Bitcoin is falling. I'm still hodling my Bitcoins. I'm still waiting to buy the dip on Steem. I'm still waiting for the morning I wake up to see Bitcoin at a new all time high. I'm still losing sleep. Last night some idiot told me to trust my gut. Totally useless advice. How the hell am I supposed to trust my gut, when I feel like I am about to lose my breakfast.
