I'm not convinced there's going to BE a "bear" market this time around. It really depends on how high bitcoin goes and what the parabolic curve looks like at the end. If it just keeps making these little jumps and then consolidating I don't think we'll see the 80% correction. There's just so much money still sitting on the sidelines that I think will use major dips to accumulate. Of course, if it goes parabolic to $300k or something then I could see 60-70% but....it will be interesting, that's for sure.
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I wouldn't mind if you were right and it's a possiblity but I would like to plan for the possible correction and make sure I'm covered and have a plan for both outcomes so I can get the best out of either way it goes
Absolutely. A plan is definitely called for. I'm staying all in until things start to look dicey. I've built up my HODL stake and now I'm trying to add to it. I'll probably take those additions and try to trade with them somewhat. We'll see. Hard to make too firm a plan in crypto. Everything could change in a day. lol
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Totally lol no firm plans but more plstrategies for different times! I call it preparing for crypto weather.
If I overly previous bull runs we’re about 45% of the way to the top but it can also over correct way higher but I’m not greedy as soon as exchange traded volume picks up and amount of 2 year HODL coins drop below the historical rate then you know it’s time to start making some exit plays