<oembed><type>rich</type><version>1.0</version><title>DrJeff wrote</title><author_name>DrJeff (npub1k7…3c04l)</author_name><author_url>https://yabu.me/npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>For any degens who insist on trading cyclical assets, here is a quick primer to help improve your longer-term performance:&#xA;&#xA;- In cyclical BULL markets, Buy The Dips (only).&#xA;&#xA;- In cyclical BEAR markets, Short (Sell) The Rips (only).&#xA;&#xA;- In cyclical CRAB markets, Buy The Dips and Sell The Rips.&#xA;&#xA;The challenging part for many noobs is determining what phase of the cycle (BULL, BEAR, or CRAB) we are in, and how your asset of choice historically performs in such a phase.&#xA;&#xA;The majority of traders go broke because they don&#39;t understand such things and/or have little or no risk management system in place.&#xA;&#xA;--------&#xA;&#xA;** A much better option for 99% of the people reading this is to simply stack sats and chill. 😎 You will do better over the long-run than 99% of the people (including fellow Bitcoiners) who actively trade and/or attempt to time the markets. **</html></oembed>