We are now in a situation where there is a lot of negative sentiment and people are very frustrated.
People are not sure what is going on but now is the time to plan for the bear market for all the reasons you hear me say all the time.
The time to prepare for the bear is not in the bear, but in the bull.
This will be part one in a series on this subject and there will be a playlist of this because it is so important.
I read a book in the 90s called Only the Paranoid Survive and it was very profound.
This book left a mark on how we should always think. Part of this lesson is inspired by this book and my observations that this is how we should always think.
There could be a chance that we are through the bull.
Cash is king in the bear and be ready for the shift because things happen fast.
From a technical standpoint, in traditional markets, a bear market is when prices fall 20% or more, such as a major index.
In crypto, many cryptos are more than 50% of their all-time highs. You could say we are in a bear but not the traditional crypto bear market.
I believe we are
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