How to Ride Through This Bitcoin Bull Cycle with Vijay Boyapati SLP559
Stephan Livera Podcast
Being Prepared for Market Cycles
Individuals need to assess their risk tolerance and be prepared to withstand significant drawdowns in the market. It is common for people to overestimate their ability to handle such losses. Being a true hodler requires the willingness to hodl through an 80% drawdown. Past experiences show that market cycles with significant drawdowns are inevitable, despite narratives of a 'super cycle' suggesting otherwise. Human nature dictates the occurrence of cycles in the market as steady uptrends are unsustainable and may lead to unforeseen downturns.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
