Almost got caught in this drop on crypto because I was glued to the daily. Everything looked fine, higher highs, looked like the bottom was in. Then I pulled up the weekly and there it was, a clean downtrend the whole time. From that point I was bearish, and I never believed the bottom was in and I stopped and in spot to my long term holdings. The lesson: watch yourself on the lower timeframes, because the higher timeframe always rules — whether you're trading or investing.







