This bearish market is the longest compared to the previous bearish markets. Yeah.. it's really boring.
Well, I think that the more I endure it, the more I can make it. In 2018, 2019 and the beginning of 2020, ordinary people said that "It's over. It's done. Don't do gambling." However, they didn't know that the bullish market started since Q2 2020.
Time goes by, people and corporations will borrow more money to buy assets, consumables and do something. The more people borrowing money, the more money value decreases.
That's the future of fiat currencies. Fiat currencies values including developing countries and even G20 legal tenders will collapse over time. It's been proving that for the last a century.
I think this cycle bearish market is almost done, and we're encountering this cycle bullish market. Well, if there's a recession within some months, unfortunately, the crypto market will collapse. Then, the V recovery would start. Hopefully, we will avoid the next recession.
I don't like people who have always bearish market views like Michael Burry. Human beings have been growing by having dreams. S&P 500 has been exponentially growing during the last centuries.
If there're opportunities to buy underrated assets in bearish markets, I can buy them, which means I can catch the opportunity. But, ordinary people just say that "hey, you are lucky". It's disgusting 🤮 and I'm sick of it 😤 That's the reason why I have long-term views for markets.
Upvoted! Thank you for supporting witness @jswit.
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The bear market is a perfect opportunity to purchase cheap asset
The problem is the financial analysis that should guide most in this troublesome period to make the right choice.
Please do not invest more than you can afford to lose.
Peace
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