Understanding Market Cycles: When to Buy & Sell! đđ
To succeed in crypto trading, itâs essential to understand the market cycles and how to time your buys and sells effectively! âł
Markets typically go through four phases:
1. Accumulation Phase đ â After a downturn, prices stabilize, and investors start buying undervalued assets. đ
2. Markup Phase đ â Prices rise as more investors buy in, and market sentiment shifts positively. đ
3. Distribution Phase đŠ â When the market peaks, early investors start selling. Be cautious, as the market may be overbought. â ïž
4. Markdown Phase đ â Prices decline as selling pressure increases, and sentiment turns negative. â
When to Buy:
Buy during the Accumulation Phase when assets are undervalued and the market is just starting to recover. đĄ
When to Sell:
Sell during the Distribution Phase when the market is at its peak, and prices are high. đ
Understanding these cycles and the right time to buy and sell can help you stay ahead in the game! đŻ
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