Don't try to predict the bottom of a cyclical market;


If you think it's at the bottom, dollar-cost average and increase your position;
If you think it hasn't hit bottom yet, wait patiently...
The worst thing is believing your judgment is spot-on and going all in...
The more precise you try to be in your market decisions, the greater the risk you take; sometimes, pursuing a vague correctness is the best approach.
After all, beyond time and capital costs, psychological tolerance is also a crucial part of investing and trading...
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