Guru.Asymmetry
RT @Asymmetry_Fi: Did you survive?
If so, the next part is the best bit and you deserve it all.
I sold the highs in 2021 and bear posted for nearly 24 months.
I publicly bought in September/October 2023.
Less trades, higher conviction. Do less.
Im not going to turn into a bear now pre-halving after multiple OI flushes and whilst many alts are 30-50% off their cycle highs.
Im a medium-term INVESTOR and will be holding all my SPOT assets till the end of the secular bull market.
We have not macro topped.
+ Leverage and froth washed out
+ Many new participants now in drawdown and realise its not a free ride [sentiment reset]
+ Halving in a few days [ETFs can market the narrative]
+ Rates likely to be held higher for longer due to 3rd consecutive hot CPI print [market wants rate stability less emphasis on rate level].
- Geopolitical tensions
- $DXY strength and Japan selling US treasuries
- Equities corrective in short term
Do we have lower to go. Perhaps.
If you are in spot assets - simply switch off and relax.
If you have liquid capital or were sidelined on the run up - start to gently allocate into quality projects.
If you are trading leverage or considering it - unless you know what you're doing, probabilities are against you. Why take extra risk in an exponential market. When you can sit in spot and have zero funding risk or liquidation risk?
Dm's are always open for those struggling to deal with drawdown or wanting a pep talk/perspective.
Guru. - Guru.Asymmetry
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