December 16th, Shrimp Bro's Daily Report: Day 232 of Going All-In on $AI
Current Holdings:
CEX Holdings: $AIXBT $LPT $WLD $SOL
DEX Holdings: $CRED $GIGGLE $BANK
Woke up to find the market had started to fall again. Considering the high probability of a Japanese interest rate hike on the 18th or 19th, the market might hit new lows.
Furthermore, the $BTC hashrate continues to decline. According to F2pool data, the Bitcoin network hashrate is currently at 988.49 EH/s, a 17.25% decrease from the same time last week.
Whether the market is currently in a downtrend or in a bottoming phase is highly controversial. Newbies die from chasing highs, veterans die from bottom-fishing, and experts die from leverage. Don't participate in the market when the trend is unclear.
Even the king of speculation, Livermore, said that most of the time in trading is waiting, not constantly buying and selling. It's not quantitative trading.
But waiting is not idleness; it's deep observation and reflection, as well as strict self-control. Waiting is a form of wisdom.