So many tips for newcomers but no mention of the four year cycle.

I've noticed a lot of discussion around bull and bear markets. I've also noticed a lot of people who bought high thinking crypto was on an unstoppable bull run and now feel like they are left holding a bag. Other people feel like they've been cheated by shills like Elon pumping doge and all sorts of craziness on social media. Its possible you got scammed or rug-pulled but Elon tweeting has had virtually no effect on the market as a whole.

Realistically the idea of bull and bear markets isn't as relevant in the crypto world as the four year cycle. Eventually the four year cycle will break and crypto will price itself independently. However we aren't very close to that point. Buying high sucks but what can you do about it? That's dependent on you and your financial strategies. What I can tell you is what I do. As opposed to throwing large amounts of cash into crypto expecting it to skyrocket in weeks I take the opposite approach. I figure how much I can put in weekly without effecting my budget and I put that much in. Some weeks its up to a grand and other weeks its as low as $20. If prices are high I may just leave the fiat till I find a good buying point. When the end of that four year cycle rolls around that's when I start taking profits.

I guess what I'm saying is if you're new and feeling the heat from recent losses don't be discouraged. Instead look into the four year cycle and start planning your investment strategy around that. You don't need to stare at your wallet on a daily basis hoping it shoots to the moon. You'll just drive yourself crazy. Don't go for the "buy the dip" mentality. Steadily DCA, adjust your positions as needed if you bought something on the sketchy side, when the day comes don't be afraid to take profits, and when you do take profits sell off in waves. Not only will this help the price maintain itself but it gives you room to take more profits if things continue upward or sets you at a good point if it starts trending downwards.

Anyway here's a good analysis of the four year cycle. Good luck and good health to everyone and if you read this far thanks for reading.

https://bitcoinmagazine.com/markets/an-obituary-for-bitcoins-cycle