RE: Teeth Bear-ed
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I hope I have enough capital investment returns to cover my needs in the bears.
Amen to that!
The bears will always affect those who are in crypto, whether they have thousands invested or even millions. But, we all hope that one day we'll have the knowledge and the capability to minimize the affect that the bear market has on us.
21 months in crypto and Hive, and I've learned a ton, lost a lot too; yet, I've also minimized a lot of risk. The coming bull will be my first bull run, because in 2021 I didn't have anything, nor did I understand any of it lol. So, this coming bull will be my first proper bull run.
So far I've traded, invested, lost, and won too, but the real game is in the waiting game. For now it's a test of patience, and when the bull comes it will be all about timing; hurry in to sell and you may lose game changing profits, act too greedy and wait, then you may just be back to square one.
What will we end up doing? I really don't know. All I've learned so far is that, you just can't time the market. Just when you think that you've got it, the market decides to make an u-turn lol.
A few more years to go I guess. We'll find out then.
Like you said...
As it always does, Time will tell.
Get ready for when it arrives - it is an experience!
The last bull I lost tens of thousands on a single coin... sold too soon.
Yep. Timing the market is a lot of luck. However, what is possible to improve is our own attitude toward the ups and downs. Don't get too excited, too greedy, or too patient.
I've been ready for quite a while now. 😂
I think the only solution to that is slowly selling of a certain percentage, with every considerable pump.
End of the day that's the only solution I'd say, balance is needed. It's either that or a ton of f*cking luck.