Hi, degens!
When we accumulate an asset, we always consider the averaging and picking up points, as well as the desired result for exiting the position.
I caught myself thinking that we often calculate potential x's from our entry point, and not from a local minimum or even ATL.
For example, buying $STRK at $1.5 for the global altseason, you want to catch at least 10+ x's. And the price of $15 seems quite real and achievable for such an asset.
But after we have dropped to $0.5/STRK, from this entry point, ten x's will already be at a price of only $5, and at $15 - this is as many as 30 x's.
You need to understand and be aware of this, so as not to become a hostage to your entry points and expectations.
In such situations, it is very important to be impartial about your position, especially in the context of market realities.
The main problem is our expectations.
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