I copy and past this pattern of steps that seems to be pointing to a continued bear run? But we should be dollar cost averaging here to add coins no mater how low it go's because it will go up and everyone needs a 4 year investment plan.
(for new investors ) Crypto runs 4 year cycles. we just went down for 4 years, not we collect for this last year before we run up to $800 by 2026. I say $800 because SOL is outperforming BTC and ETH in growth, and has been going up when they go down more and more as it becomes it's own beast. Low cost transactions will always beat ETH and SOL will by 2030 knock ETH to #3 as SOL becomes #2. How I will invest in this is placing 4 year long position and shorting some. 50% stays in and never is taken out until 2026 when it then rides short for the next 4 year bear run. The other 50% I will buy low sell high all the way. Adding coin to both long and short each month to grow the investments. This is basically how everyone SHOULD be trading each coin or stock. and you should have no less than 5 coins and 5 stocks you do this to. Some people set it and forget it. This is a safe way to invest. For example. BTC will always go up in value for ever as soon no new coin will be made, so supply and demand as popularity grows, more money will buy more coin, so Your basically always buying to add coin and never sell until you wish to retire and at this point, you would just use a debit card from your crypto acct to pay bills and get a % reward back in what they offer. Right now I use USD out of my Crypto acct to pay for everything, I then get 4% to 5% back in coin of choice (witch ever is paying best at the time) I then convert to BTC, ETH, SOL as they are my guarantee growth coin. Now my money is working for me for free and I'm getting paid to pay my bills. (cash back) or coin back, LOL.
I think Bull run will start soon, by July. So hang tight, and my Favorite coin for this run is SOL for most % of profit to be made. BTC will always be king, but for the next 4 years I'm betting on SOL to shock the world with performance and upgrades that will set a new trend in the way the World has never seen before.
Have a great weekend,
and never invest more than you can afford to lose and never take anything anyone says as financial advice unless your paying them for it.