what I can't wrap my head around is a bear cycle that bottoms out in the first months and then it doesn't go further down for years. I get your reasoning but it still doesn't add up in my tiny brain
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what I can't wrap my head around is a bear cycle that bottoms out in the first months and then it doesn't go further down for years. I get your reasoning but it still doesn't add up in my tiny brain
In bear markets we don't necessarily go down all the time, we can perfectly be ranging from ages and that's expected.
For example, in 2018 it took 10 months to reach the bottom, from that point we spent another year and a half just ranging without a clear direction.
I don't mind to range in that sense. Best time to accumulate.
That's what I mean, it hasn't been 10 months in our case