Post
Topic
Board Trading Discussion
Re: An advice for newbies and plebs
by
BobK71
on 30/08/2022, 17:56:21 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.
I agree with you. The current market situation is refers to a long bearish trend. From now everyone should keep in mind this situation and wait for the bull market. During this period those who want to move their investments from here to a better position should definitely save money and take advantage of this bearish market until the bull market is started.