A popular saying in the investment markets is:
"Time in the markets beats timing the markets"
This saying was mostly born from traditional investment markets. Especially ETFs for example.
Baskets like the SPX or EUNL or ... Virtually always go up because how diversified they are and inflation carrying valuations higher for all eternity.
But in crypto? This is the OPPOSITE of true.
Crypto is a high risk asset market. Not only that but it's EXTREMELY cyclical (bull and bear market ever few years).
So while assets see high burst of going up in seasons of high demand they alsof go down to near zero on seasons of low demand.
So time in the markets DO NOT EVER beat timing the markets in here.
There literally is no coming back from an assets you bought that has gone down 98-99% in a bear market that you then hope goes back up.
You now need a 9,900% GAIN to recuperate that loss. And that's just to get BREAK-EVEN.
You're not even in profit then...
That doesn't mean you can time the tops or bottoms though. You can't and you won't.
But you need to be able to time the markets to some degree here. The saying in this market is terrible advice.
$BTC
"Time in the markets beats timing the markets"
This saying was mostly born from traditional investment markets. Especially ETFs for example.
Baskets like the SPX or EUNL or ... Virtually always go up because how diversified they are and inflation carrying valuations higher for all eternity.
But in crypto? This is the OPPOSITE of true.
Crypto is a high risk asset market. Not only that but it's EXTREMELY cyclical (bull and bear market ever few years).
So while assets see high burst of going up in seasons of high demand they alsof go down to near zero on seasons of low demand.
So time in the markets DO NOT EVER beat timing the markets in here.
There literally is no coming back from an assets you bought that has gone down 98-99% in a bear market that you then hope goes back up.
You now need a 9,900% GAIN to recuperate that loss. And that's just to get BREAK-EVEN.
You're not even in profit then...
That doesn't mean you can time the tops or bottoms though. You can't and you won't.
But you need to be able to time the markets to some degree here. The saying in this market is terrible advice.
$BTC