Post
Topic
Board Trading Discussion
Re: An advice for newbies and plebs
by
Anders_Bitcoin
on 16/05/2022, 13:31:06 UTC
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.
This is an established system. Those who have been in bearish cycles before understand how it works. It's just time to accumulate bitcoin and other assets. I also do this and I am a supporter of cryptocurrencies, but I also regularly open short positions on wowswap on bitcoin, because we need to realize the fact that we are already in a bear market and making money on a short position is much easier now than it was a last autumn