WHICH TYPE OF BUYER ARE YOU???
👉Option A: Purchases an asset after it has already increased by 30-50%, driven by the excitement and momentum of a significant price surge? This approach often involves jumping into the market after a substantial upward move, potentially capitalizing on the continued bullish trend but also running the risk of buying at or near a peak.
👉Option B: Prefers to wait for a retracement, buying the asset when it retests its previous high or when it finds support at a significant macro trend level? This strategy focuses on patience and timing, aiming to enter the market at a more stable point after the initial excitement has subsided, potentially leading to a more favorable risk-to-reward ratio.
Please share your investment approach and explain your rationale behind it.