Part 4/10:
Looking ahead, Chicken Genius predicts that the market will hit its bottom toward the end of Q1 or early Q2 2023. He plans to begin entering the market more aggressively at this point, using dollar-cost averaging strategies to mitigate risk. His prediction is supported by a spreadsheet tracking various market forecasts, suggesting a methodical approach based on historical patterns.
He draws parallels with historical crashes—particularly the 1929 Great Depression—highlighting similarities in market behavior, such as surging price volatility and sharp declines. Based on these patterns, he anticipates a severe crash potentially exceeding 80% declines from market highs, which underscores his aversion to using margin—an approach he considers too risky during such volatility.