Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Wind_FURY
on 22/09/2024, 10:10:14 UTC
 👀

Quote

we try to compare one cycle fractal to the other but it's completely useless. every cycle is unique. the only consistency that i can find is the overall structure, which consists of approximately 400 days of glory, followed by 1,000 days of pain

now, i don't know and i don't need to know when exactly we absolutely pump to narnia. the only thing that i need to do right now, is react. that's all. react and preserve capital. a friend put it very well today when he said "my priority is not making money rn, its not losing bullets"

this is the calm before the storm. work on your edge. study the past bull markets and the recent tech and meme bubbles. get ready to squeeze as much money out of this damned market as humanly possible, with the utmost focus and confidence



https://x.com/intuitio_/status/1835782151041683551


The part of the post about "the priority" is not to make money, but to preserve capital is very wise. I'm very confident that many of the plebs like us have wasted their precious capital to "trade" shitcoins in such a bad market. They either lost ALL of their capital or MOST of it. That would be terrible, especially if the capital was denominated and held in Bitcoin. Merely HODLing it would have preserved capital, and probably give them some profit in fiat.