“The market is taking off” and “the bear market isn’t over yet”—what are these claims actually based on?
It’s usually only in hindsight that we can confirm when the market has shifted from one phase to another. It’s hard to tell while you’re in the middle of it.
Whether you think we’re in a bull market or a bear market, keep your position size within a range where you can handle the potential drawdown.
Many people use the price action of $BTC to describe the current phase of the crypto market as a whole.
Could we have misunderstood this point before, too?
It’s usually only in hindsight that we can confirm when the market has shifted from one phase to another. It’s hard to tell while you’re in the middle of it.
Whether you think we’re in a bull market or a bear market, keep your position size within a range where you can handle the potential drawdown.
Many people use the price action of $BTC to describe the current phase of the crypto market as a whole.
Could we have misunderstood this point before, too?