✴️ Curve | Making The Right Choice & Correction Protection I've been looking at many charts, many more and it seems the entire market is already multiple levels above its bear-market low. It is starting to become hard to find pairs that have not grown by three digits.
Those trading low such as Curve, compared to the their 2021 bull-market and 2022 pricing, are the best opportunities at this point in time.
Many of the pairs that are high up are good and will continue to grow but here is the thing: You can buy a pair with the hope of seeing 100%, 200% or even 300% growth and it does grow. It grows by 50% within two weeks, maybe 150% after a month but because they grew already by 300%-500% before you found the pair, the top/next correction can appear by surprise, out of nowhere.
So you can be up 150% and be holding strong and the next day the market crashes by 30% or even 50% and that's ok, because you are still up. The problem for the avid trader is that the position will go into "hold." The initial drop is only the beginning and a correction can last anywhere from 2-4 months and sometimes even more.
Normally we are not aware of this situation and as everything is growing, we just buy at random what looks good and has been going up... I am telling you right now, buy low if you want to hold long.
Those moving high up will surprise and the surprise won't be up forever-more.
The surprise will be a flash crash and by the time you are able to adapt, your hard earned money can be gone.
Patience is key.
Plan ahead.
Be smart.
Opportunities are endless.
If there are no good "bargains" just wait patently. The market is not going anywhere and new and better opportunities will continue to show up.
Namaste.
