When we look at the investment life of the rich, the majority of them are grateful to the bear market for their wealth.
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When we look at the investment life of the rich, the majority of them are grateful to the bear market for their wealth.
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They understand how to play the game that is why. Remember WallStreet, dont get emotional about stocks.
We can apply that to crypto. When there is a major pullback, that is the time to load up on our favorites coins/tokens.
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I absolutely agree with you. There has always been a bear and a bull market in the money and stock markets. What we collect in a bear market, we can enjoy in a bull market.
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That's correct, they do what actually most do not "Sell High, Buy Low"
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That's the key point.
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Or they buy high and sell higher.
The difference is they take profits and reduce risk.
Retail buyers do the exact opposite.
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Yes, that's a good strategy. But I usually prefer to buy when falling and sell when rising.
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Yes taking profits is what the retail investors have to focus on rather than being greedy.
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