For any degens who insist on trading cyclical assets, here is a quick primer to help improve your longer-term performance:
- In cyclical BULL markets, Buy The Dips (only).
- In cyclical BEAR markets, Short (Sell) The Rips (only).
- In cyclical CRAB markets, Buy The Dips and Sell The Rips.
The challenging part for many noobs is determining what phase of the cycle (BULL, BEAR, or CRAB) we are in, and how your asset of choice historically performs in such a phase.
The majority of traders go broke because they don't understand such things and/or have little or no risk management system in place.
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** A much better option for 99% of the people reading this is to simply stack sats and chill. 😎 You will do better over the long-run than 99% of the people (including fellow Bitcoiners) who actively trade and/or attempt to time the markets. **
Dr. Jeff / Dr. Jeff Ross
npub1k7…3c04l
2024-10-01 17:01:51
Author Public Key
npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04lPublished at
2024-10-01 17:01:51Event JSON
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"content": "For any degens who insist on trading cyclical assets, here is a quick primer to help improve your longer-term performance:\n\n- In cyclical BULL markets, Buy The Dips (only).\n\n- In cyclical BEAR markets, Short (Sell) The Rips (only).\n\n- In cyclical CRAB markets, Buy The Dips and Sell The Rips.\n\nThe challenging part for many noobs is determining what phase of the cycle (BULL, BEAR, or CRAB) we are in, and how your asset of choice historically performs in such a phase.\n\nThe majority of traders go broke because they don't understand such things and/or have little or no risk management system in place.\n\n--------\n\n** A much better option for 99% of the people reading this is to simply stack sats and chill. 😎 You will do better over the long-run than 99% of the people (including fellow Bitcoiners) who actively trade and/or attempt to time the markets. **",
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