I think we should be bottoming around $8000 within a week or two then a rebound to $13,888 or higher.
Should have pulled out when it was $11,500 and then I'd take 50% off the table. Selling at $9,500 sound like you're panicking? This cycle shall too pass..
take care
Sounds about right but look at the apex? It would have been wise to ladder in at $8000 but keep that powder dry, $7000 may be the final bottom? If not, $3500 is the lowest I can see. My opinion.
Any investor with experience will tell you that this timing game of jumping in and out of the market is much more challenging that you think. Your quote about waiting for the market to feel right again before you jump back will most likely mean that you're too late. Also, welcome to the world of constant second guessing and FOMO if the markets don't drop as much as you think.
The problem with these dips are is that we don’t know where the bottom is. Each dip is followed by an even deeper dip.
This did put me into a position where I only have 2 choices. Selling with a loss or sitting it out. I did choose the second.
I think we should be bottoming around $8000 within a week or two then a rebound to $13,888 or higher.
Should have pulled out when it was $11,500 and then I'd take 50% off the table. Selling at $9,500 sound like you're panicking? This cycle shall too pass..
take care
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
several analysts think 5-6k is possible as well. They keep saying bearish signals too.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Sounds about right but look at the apex? It would have been wise to ladder in at $8000 but keep that powder dry, $7000 may be the final bottom? If not, $3500 is the lowest I can see. My opinion.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Any investor with experience will tell you that this timing game of jumping in and out of the market is much more challenging that you think. Your quote about waiting for the market to feel right again before you jump back will most likely mean that you're too late. Also, welcome to the world of constant second guessing and FOMO if the markets don't drop as much as you think.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The problem with these dips are is that we don’t know where the bottom is. Each dip is followed by an even deeper dip.
This did put me into a position where I only have 2 choices. Selling with a loss or sitting it out. I did choose the second.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit