Today I discussed the accumulation strategy with the principal. Since I see the bottom around 37,000, my plan is to start building positions in batches at 50,000 and continue dollar-cost averaging until the next bull market arrives. During the last cycle, when it dropped from 69,000 to 16,000, I also doubted whether there would be another bull market and was afraid to buy. This time, if I buy the bottom and there is no next bull market, I will accept my fate.
View Original