A Huge Miss

It's been quite awhile since my last post. Just to recap, in that post I indicated that waiting for a pullback or basing action in Bitcoin was needed before jumping in after the initial move from $12,000 to $20,000. But that was a mistake. The future is unknowable. So while I waited for a significant drop to enter into a position, the market never provided that opportunity. Little pullbacks preceded big rallies in Bitcoin.

Sometimes market forces are so strong that buying into that strength is the right thing to do. The market in Bitcoin late last year was one of those times. Had I bought in the low $20k range and held I'd still be up significantly even after the most recent drop.

However, living with regret and wishing I'd done things differently will get me nowhere. We all just have to learn from everything, whether they be hits or misses and not lament the road not taken. Opportunities abound. Always be ready for the next one.