A bear market requires both tactical contraction and strategic expansion. Tactical contraction means observing more and acting less, and conserving cash. Strategic expansion involves reading, thinking, connecting, integrating, and building. This includes reading global dynamics, contemplating the future of human civilization, connecting with more people and resources, integrating your upstream and downstream supply chains, and building an ecosystem that can thrive in the next bull market. Especially for those born in the 90s who have already achieved some results, your past achievements were originally just money. Now that making money is difficult, why not turn those achievements into a new entry ticket?
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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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