So I wanna reiterate a couple points here....
I follow the 4yr cycle of bitcoin... As introduced by Bob loukas in late 2018...
Watch...
https://m.youtube.com/watch?v=ivWdOztDkv4
This has guided me quite nicely... Eliminated guessing the market, and prevented FUD and FOMO...
We all love the bull market... We love those green candles..... But what goes up must come down...
Don't get caught buying the top... You sell the top ( if you sell, I don't).
If you get caught buying the top... You will not see a positive return on your investment for almost 2years... That sucks!
It sucks bc people who don't know the 4 year cycle... End up selling for a loss bc they panic...
We are a smart community here... The smart ones share, and do their research... And use what they learn.
Now point 2....
Everyone talks about DCA.... A great working strategy for long term(greater than 4 yrs hodlers)...
But be warned..... As you chase all time highs, ATH, you have diminishing returns on your investments...
I am reposting a link to a post I made about diminishing returns in bitcoin.... Below
Basically if you chase a coin up, your investment buys a smaller part of the coin, giving you smaller returns as price increases.
Summary...
These two strategies/points combined Will allow you to get maximum returns on your investments...
This is not financial advice, it is just my stupid strategy and opinion.... Do not do as I do or say.
I hope you take the time to watch n read what I posted, digest it....
Much love, many blessings to u all.????β????????????????
Thanks for the award.
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