I'm feeling pretty good this morning! Bitcoin has been stable for about 24hr hovering around the $3,200 mark. This is great because I took the chance on a bitcoin consolidation and bought some altcoins yesterday. This morning I got some awesome profits into a few of them and added extra to the ones I think are still on the launch pad.
But this got me to thinking. Seeing gains and watching plans coming together can be good motivation to keep going and even try harder. But I know, somewhere in the back of my mind, I have to be cautious as well.
In some cases, gains = motivation and losses = throwing in the towel.
So my advice is this: While things are going well, remember to hold a bit of caution. Like wise, when things are down, and you're being overly cautious, remember to find some optimism.
If you're out looking for big rewards, know that it comes at the cost of big risk. Investing is a marathon.