I get the jokes.. "Buy high, sell low" .. and all that..
However, I must brag a bit - because I have actually achieved the impossible, and have perfectly timed the bottom of not one, but two bears.
For example #1, when the covid crash was happening, I went balls into crypto for the first time. It was scary - the world was fucked, and I was a broke boi.
If I have one thing in life though - it's patience - and I like to wait, and wait, and wait for the absolute perfect time to buy.
I had watched for months for my opportunity, and knew the market was in extreme fear for reasons out of its control. I had nothing to lose, except the last of my money - nobody depending on me except my stomach - so I pulled the trigger with all I had.
From there, my portfolio went on to 50x in size over the following couple years. I now had access to a portfolio I could never have built at my 9-5 job.
This didn't take real brain skills though. All it took was the balls to buy crypto when it seems like the actual apocalypse was upon us.
For example #2 - as FTX erupted into a flaming ball of shit, I was sitting all in cash - luckily having sold everything after a significant loss in LUNA erhm
I went balls into many altcoins the days following FTX. Again my portfolio is beginning to double. This has been my greatest move of this bear market so far. Most of these are up 2x 4x, 5x or more rn.
This did not take rocket appliances to achieve either though. All it took was a little patience to buy when the intestines of crypto was quickly falling out of its asshole.
If you have a little luck, a little money, a lot of time, and a some big big balls, it seems you can actually time the market - as I have proven twice now.
The common variable in these times was patiently waiting for a real crypto shaking event to take place in order to deploy.
Could it really be as simple as this? I know next time something as big as FTX happens, I'll be fucking buying.
TAKE NOTE - this does not cover perfectly timing the top of the market... I have yet to achieve that feat of strength... it's also irresponsible to go ham into altcoins, especially if you have dependants etc.
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