Quote from: Kasabus on May 12, 2022, 10:06:45 PM

Quote from: Wind_FURY on March 05, 2022, 11:32:10 AM

Simply stop day-trading, or any more active form of trading. Preserve your capital and wait for the market to be in the same situation like 2020 again, when investors were excited to throw their money in crypto. The market narrative has changed, people are not as excited. The market has always followed a bull - bear cycle. Save your money, and wait for the next opportunity.

2022 - It might be a bear market.
2023 - It might be the next opportunity to buy the Bitcoin DIP.
2024 - It might be the new BULL MARKET.

Day trading is not that profitable anymore, the reason why many of us here preferred long term trading instead. Though we are expecting the market to follow bullish and market cycle, but it seems that the market will always have a long term duration of bear market these days, this is why long term hodling is encouraged. However, knowing the market is very unpredictable, so let's grab every opportunity that comes and make profit when the timing is right.

If you see a bearish market condition, it is very risky for daily trading and definitely needs to be reconsidered,
You also need to be careful in making decisions because if you are rash and in a hurry, you will most likely lose money,
there is also truth in what you say and the important thing is to always take advantage of the opportunities that exist to make a profit