There seems to be all kinds of strategies floating around, from Dcaing to stockpiling fiat and waiting, or various combinations. What do you base your strategy on? For me, I began with the idea of being able to be self employed, my intention is to ' buy ' the one thing we're all short on, TIME.
I used to be self employed and real life got in the way, so back to the corporate fiat mines I headed. At some point though, I looked at the previous bull run, I only dipped my toes in and mainly observed, I also took a close look at discussions and what people's sentiment around the markets were like. I looked at noobs, casuals and veterans.
So many swore that the 2018 bullrun would never be repeated, it can't be topped. High returns like x20 or x100 would never happen. In the 2021 bull run I not only saw multiple coins do this, they were fairly easy picks or coins that had been on the up for a while, so I found that highly interesting.
From there I picked up some patterns and ideas and based my next strategy around that for the coming bullrun. I determined that I may as well look at geopolitical stuff and how markets react, so I have been sitting on a fairly large cash position and am currently just waiting to pounce, I'm very patient we'll have to see what 2023 offers up. What is your strategy like? I would like to gauge where others are at and just hear some different perspectives.
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