Good evening to all my friends. I hope you all doing well. My day was fantastic as well. As i said many times that please don't fomo right now on any market because real pain is yet to come. Just few days ago before CPI data & FED meeting Bitcoin crossed 17500 figure everyone on Twitter like 40k coming and look what happened. I am still sitting on cash and just watching the market and looking for opportunities. Wherever i see opportunity i grab them with both hands. Trading is not easy in bear market but if you are new in this market you will learn a lot.
Let me clear one thing guys, whoever joined crypto market in 2021/22 they will learn a lot and you have to sacrifice because without sacrifice nothing is possible. When i was new in this market i suffered a lot of pain but now for me it's just a game and nothing else.
I truly think the smartest thing any “normal” person could do is WORK WORK WORK and SAVE IT IN CASH.
Stop buying bitcoin and alts.
Stop buying houses. Stop buying stocks.
Stop buying everything if you’re a normal person and not a pro trader. Everything will crash and we haven’t even gotten to the hedge funds being liquidated.
Houses will go down 15-20%. Cash is not great. But I’m 99% sure holding cash and building cash reserves will benefit the average person and buy after summer 2023. Everything else will get you Rekt. I’m more bullish on the FED beating inflation then the market beating the FED.
I hope you all learning in this bear market and i hope you all will be successful in this market. Not today not tomorrow but i am sure we all will be a good trader someday. Thank you all!!