Historical Corrections in HEX
Observe how major corrections in HEX range between 40% and 84%. It should be noted that this chart does not have the full history but it illustrates an important point.
It seems to be wise to dollar cost average into the market between 40% and 84%. The latter value is an absolute maximum so it has the lowest probability of being reached. That crash was the sell off after Big Pay Day (one time event!).
We know that dips are in the game. Corrections are painful but mandatory for any healthy asset.
Hex is a winning asset. It has severe corrections but historically it recovers and forms a new all time high.
It seems to be wise to dollar cost average into the market between 40% and 84%. The latter value is an absolute maximum so it has the lowest probability of being reached. That crash was the sell off after Big Pay Day (one time event!).
We know that dips are in the game. Corrections are painful but mandatory for any healthy asset.
Hex is a winning asset. It has severe corrections but historically it recovers and forms a new all time high.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.