WHEN EVERYTHING DOWN, pi stable or up

hi.

i'm a day trader, i put my money were my mouth is.

just wanted to give out a few facts

  • nasqad going down
  • sp500 going down
  • dax going down
  • oil going down
  • most crypto going down
  • cost of living going up (inflation)
  • warren buffet holds 55% of his portfolio in cash

all of the above create panic and fear, everyone is cashing in. i dont want to analyse why and how this is happening, although i will say it was bound to happen, not everything always goes up and corrections or crashes to happen to correct the economy.

my main thing is reading charts and trading chart, not the news.

there are 2 major things that are doing good, (good meaning either stable or up in these market conditions)

those 2 things are gold (has millenia of proven track record) and pi.

so what i want to say to all of you pi-oneers is to hold for the future. pi has a very good bussiness model in my view and that already shows. for a bussiness to be good it needs

  • people, aka community (we have that)
  • vision (we have that)
  • effort and hard work (with 6 years being put into it, i believe we have it)

in my opinion, dont sell your coins, lock it up and dont look at it if it makes you nervous. the bussiness model is good, pi is not just another crypto

if you are an investor or a trader, you can do whatever you want, sometimes, a few times, fundamentals are more important than technical analysis

and thus, i rest my case.