I believe so strongly that there is nothing like a bear market or a bull market.
There is only a market of opportunities!
The difference there is just the number of opportunities you can find. This is actually why, no matter how the market is, I will always be on the side that prints.
For example, let's talk about trading.
There are a billion tokens in crypto right now. Most of these tokens are actually not good, but the problem is that when everything is bullish, even tokens that are not good will perform well.
However, it is when the market resets that you will actually be able to find the ones that are really worth holding. Here's a simple strategy I use:
When the market is choppy and things dip, I simply wait for signs of recovery.
> If I see signs that the market is recovering, I assess my portfolio to identify the tokens that are performing and the ones that are not gaining momentum.
> If I see that the token is not gaining momentum, it tells me that the token has no strength, and I just cut my losses and move to a token with strength.
It's that simple.
The problem many of you have is that you're looking for something that will give you affirmation on whether to hold a token or not, but research is not affirmation. There is no sentimentality about any of these things. This is business, not a relationship.
I'll give you another example.
While many people were too focused on talking about the dip, those paying attention were able to spot that some other tokens with so much strength were starting to move, like Aster, Meteora, and ZEC (to name a few)
I was able to make profits on $Zec, $Met, and I’m still holding my $Aster for long term.
Ironically, this is actually one of the best market conditions to test your strategies. If your strategies work now, they'll perform better when the market is very good.
Test. Adjust. Retest
But while you're doing all this, remember to apply proper risk management.
And finally, double down on research.
As you were❤️🏌♂️
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