Julio Moreno, Head of Research at CryptoQuant, recommends against buying Strategy amid a current bear market cycle in the cryptocurrency market.
He suggested that investors should prioritize holding cash, waiting a few months for market conditions to improve before further investment, rather than continuing to buy at local peaks.
- CryptoQuant: The market is in a bear market; do not buy Strategy.
- Prioritize increasing cash payments, and wait a few months before disbursing the remaining funds.
- Even non-traders should buy according to a strategy.
Recommendation: Hold cash, avoid buying at local peaks.
Julio Moreno advises against buying Strategy because the cryptocurrency market is currently in a bear market.
According to him, the sensible approach is to increase the proportion of cash by withdrawing money from ATMs, holding it, and waiting a few months for the market to improve before deploying more Capital. The focus of the recommendation is to avoid chasing prices when they are at short-term peaks.
Without waiting for the market to stabilize, he warned that continuing to buy at local peaks could expose investors to unfavorable timing risks, especially during a dominant downtrend. The main message is to prioritize managing the timing of investments rather than increasing the frequency of purchases.
Buy according to a strategy, even for non-traders.
Moreno emphasized that even non-traders should adopt a more strategic buying approach.
This recommendation implies that accumulation should not occur automatically regardless of market conditions. Instead, investors can wait for a more favorable period in the next few months before XEM investing, with the goal of reducing the risk of buying at high prices in the short term.
