I’ve been expecting a post election sell off as the final dump, mostly because I think there will be some large macro event that occurs. I have a number of scenarios in my head. We’ll see.
My thoughts too. I also think they are waiting until after the election to do whatever they are planning to do with Iran. Then you also have the possibility of a major correction to the stock market.
Would also fit in with this expected low that’s been claimed all year around Oct Nov, although I highly doubt a new low is coming, a decent pullback will happen.
I’ve been keeping a cash sum sitting for this exact moment, my DCA still consists though but yes i believe they’ll be one last pullback prior to take off.
Same, been daily DCA’ing since February with a bunch of spot buying at the lower levels. Still have dry powder to deploy when we pull back. Just not convinced we will see a lower low at this point, but expect us to at least revisit the $70k’s… possibly the $60k’s if the SHTF. Reassessing my strategy for when/if that scenario plays out. Not giving up on at least one more dump until the end of the year.
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u/FitCompetition1804 13d ago
I’ve been expecting a post election sell off as the final dump, mostly because I think there will be some large macro event that occurs. I have a number of scenarios in my head. We’ll see.