But you forgot to consider that you can do multiple swing trade on the period of 2 months or 2 years on calculating the potential profit. The OP is actually right about his strategy, It’s simple and common but that is the best strategy on bear market like this since the price keeps dipping and correcting in short period of time and holding long term while there’s a clear sign for a long downtrend is just missing the opportunity to earn and increase your position before you hold for long term. You can always buy once there’s a confirmation of uptrend because you just missed some percent of profit compared to the person that buy the bottom but still swing traders has more profit in total due to there small trades during price swing.