01-24-2022, 03:58 AM
Beware of the dead cat bounce
<!-- SC_OFF --><div class="md"><p>You may be thinking of going in all right now? Market is rebounding right? </p> <p>Fuck no. (maybe) </p> <p>A dead cat bounce is a temporary, short-lived recovery of asset prices from a prolonged decline or a bear market that is followed by the continuation of the downtrend. Frequently, downtrends are interrupted by brief periods of recovery—or small rallies—during which prices temporarily rise.</p> <p>Check the chart for March 18th, 2020. You can see a dead cat bounce a few days prior to a real crash that we know of.</p> <p>So my financial is advice (not a financial advice) is DCA slowly or wait a day or two to see the true heading of this run.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Underrated321"> /u/Underrated321 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sawb7d/beware_of_the_dead_cat_bounce/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sawb7d/beware_of_the_dead_cat_bounce/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>You may be thinking of going in all right now? Market is rebounding right? </p> <p>Fuck no. (maybe) </p> <p>A dead cat bounce is a temporary, short-lived recovery of asset prices from a prolonged decline or a bear market that is followed by the continuation of the downtrend. Frequently, downtrends are interrupted by brief periods of recovery—or small rallies—during which prices temporarily rise.</p> <p>Check the chart for March 18th, 2020. You can see a dead cat bounce a few days prior to a real crash that we know of.</p> <p>So my financial is advice (not a financial advice) is DCA slowly or wait a day or two to see the true heading of this run.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Underrated321"> /u/Underrated321 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sawb7d/beware_of_the_dead_cat_bounce/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sawb7d/beware_of_the_dead_cat_bounce/">[comments]</a></span>Kind Regards R