This is the fourth bear market I've experienced. As far as I can remember, every single time, without exception, this kind of news comes out at a relatively high point or in the middle of the market. This is a reminder that the bear market is still on its way, so don't rush to buy the dips. Recently, quite a few people around me have been buying the buy the dips, including myself. The real bottom often appears when no one is interested. Seeing this news today further confirms that the bear market is still on its way, and we should strictly build positions in batches.
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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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