True wealth is created during consolidation phases, just like now. But no one explains how to profit from it; everyone just says to buy on dips, without sharing specific methods. This tweet will serve as your playbook to help you maximize the market downturn.
We are currently in a consolidation phase, and our main goal is survival. Those who achieve this will stand out in this bull market cycle.
The key is to actively buy on dips and position yourself correctly. Here is my ultimate playbook to teach you how to do just that.
1. Avoid high-risk operations
Taking significant risks during such consolidation periods may lead to heavy losses in your investment portfolio. So, limit high-risk operations to within 3% of your investment portfolio and focus more on low/medium-risk operations.
2. Stablecoins
Allocate 30% to 60% of your investment portfolio to stablecoins. They help reduce volatility and enable you to buy on dips at the right time.
3. No funds to buy on dips? Find a Web3 job
If you don’t have funds to establish a position, find a Web3 job. These periods typically last 4-6 months, giving you enough time to build a minimal investment portfolio, especially with many job opportunities available now.
4. Enhance your skills during market boredom
This is the difference between winners and losers. Those who research and actively learn new things during market boredom will stand out in this cycle.
Skills to focus on:
Programming
Video editing
Copywriting
When it comes to buying on dips, it means buying at the lowest price. However, the challenge lies in predicting the lowest price. The answer is simple: no one can predict it. But we can use strategies to get as close to the lowest price as possible by understanding when to buy, what to buy, and how to buy.
Let’s delve deeper into these topics.
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Would you like to know more about investing strategies during market fluctuations, or perhaps learn about emerging technology trends in the finance sector? Feel free to ask for more information!