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😡 Answer to the question of where the bottom is Honestly, I don't know. If I knew that, I'd already graduated. But I have a clear standard for buying spot when the monthly chart hits the bottom of the Volatility Band, so I looked at it earlier. Bitcoin and Ether still have over 10% left, and Solana alone fell significantly and touched the bottom of the monthly chart. So, I bought a small amount of Solana during the morning decline, using DCA. There's a lot of noise from so-called genius traders claiming the bottom is in the market right now. Since a sharp decline is bound to lead to a sideways movement anyway, don't listen too closely and focus on your own dual strategy. It'll take a very long time for the market to confirm a turnaround, but there will be another opportunity. This is a perfect time to use high leverage and lose money. No matter how much you make in the short term, you'll be left with nothing if you get liquidated. Ultimately, survival is victory, so instead of rushing into buying, it's better to take a long-term view and leave enough money to live off of. Don't go all-in, and try to hold out by taking advantage of events with decent APYs. For reference, I started DCA based on my own criteria, as outlined in the article "Survival in a Bear Market" I wrote two days ago. I'm trading short-term, suspiciously high-yielding stocks like $SKR, and diligently managing my mental health by eating delicious food and exercising. If you have any questions or would like to share your thoughts, please join the chatroom. #IWillBeStrongInABearMarket

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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