Post
Topic
Board Altcoin Discussion
Re: Long term or short term investment ?
by
passwordnow
on 26/05/2022, 07:06:32 UTC
I prefer to trade short term in this bear market, because there is no definite prediction of how the few months the price of bitcoin will be that we are in a bear market means there won't be a big positive market this bear season. I keep most of my assets in USDT, I only take a small risk with a small profit.
If we'll be based on the history, usually the bear market goes for 1 year and several months and staying in here. After that, then the reversal is coming just like how it went in 2018 and then 2020 was the start. So if we'll be based on that scene, 2022 is likely the bear market and we'll probably see by 2024 that the bull is likely to start take note that by that year the halving for bitcoin is about to happen. And by that event, we know that the market will turn from bears to bulls.