Is crypto winter almost over? Surviving the unknown months | Crypto Craft

  • Is crypto winter almost over? Surviving the unknown months

    From cointelegraph.com

    This winter has been a long one for the crypto industry, but it will come to an end. While many believe that warmer months are on the horizon––especially given the rising crypto prices and NFT sales volumes we witnessed early this year––we still remain in a state of uncertainty. To survive the remainder of this bear market, companies must remain disciplined, resourceful, motivated and forward-looking. Aside from reducing overall operational costs, there are a number of steps companies can take to set themselves up for success—all of which go hand in hand: conduct market research, stay informed, focus on ... (full story)

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Goat
Mar 9, 2023 5:46pm
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Quoting raklian
{quote} Well, that's your perspective, sir. A dip can also simply mean a price drop relative to recent level,
A dip is when something goes down then comes back up, and that's how the word is used in all the financial lit I've read. Maybe we're reading different books.
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raklian
Mar 9, 2023 4:55pm
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Quoting Goat
{quote} You can only buy dips in a bull market, by definition. If you keep buying in a bear market, it's called holding the bag.
Well, that's your perspective, sir. A dip can also simply mean a price drop relative to recent level, the literal meaning of the word, so buying the dip is buying somewhere in the drop. The dip doesn't necessarily need to recover.
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Goat
Mar 9, 2023 1:51pm
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Quoting raklian
those who kept buying the dips
You can only buy dips in a bull market, by definition. If you keep buying in a bear market, it's called holding the bag.
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raklian
Mar 9, 2023 9:53am
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By the time it's over, it will have been too late for most people to realize it. Only those who kept buying the dips will be rewarded the most.
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