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It is always difficult to make accurate forecasts because something unforeseen can always happen and you have to think in terms of probabilities
IMO, one should be a bit more cautious with stocks in next few months (especially with large caps), because there are simply too many calls in the market at the moment and the prices are too overbought
I can well imagine a typical development of a pre-election year as in the chart of @AlmanacTrader below
So I suppose that there could be a correction in July/August. I have several indicators on a single stock basis, as soon as there several stocks should go to oversold in the short term, I will buy agian
With crypto, on the other hand, it is a bit easier, but it also depends on how one is currently positioned
Basically, one have to follow the 4-year cycle (my pinned tweet). Accordingly, the current year is there to accumulate
First one should accumulate $BTC and $ETH. I have fortunately accumulated most of it by the end of last year. Now I use the pullbacks to do some re-buying
https://t.co/gX7AKc723t
Next step I want to accumulate altcoins for my gambler portfolio (small part of my portfolio!). Here I have to pay special attention to $BTC Dominance and it is breaking out right now
If this then goes a little higher, then I start accumulating altcoins. Currently I am looking in particular at $STX, $ARB and $PYR
https://t.co/wwqB8oad6L
Important for me in the case of crypto is to finish my accumulation by the end of this year and then hopefully sell again at the next hype in 2024/2025
The key to #crypto success is emotional discipline.
I know you didn’t want to hear that.
But it’s true.
How?
If intelligence were the key, there would be a lot more people making money.
Simple.
If you don’t take profits, someone else will take your profits.
If you don’t buy the bottom, someone else will and you’ll pay higher.
Don’t make the same mistakes.
This is why it is absolutely crucial to recognise that when you’ve made 100x and $BTC tops you will need to sell,
or someone else will take your profits for you.