Why do I still believe there will be a major bull market this year, but cannot go all in?
My personal opinion has not changed; I believe there is still a major bull market this year. The reason has been stated: Bitcoin is essentially deflationary, and the potential crisis facing the dollar is beneficial for gold and Bitcoin.
However, at the same time, the US stock market remains at a high level. This is not bad news for the crypto market, but if the US stock market declines, any investment market is made up of people, and everyone will transmit their emotions. There is a possibility that in the short term, there could be another drop.
So, how to balance these two possibilities can only be done by using one's own position to balance.
This is not to say that any statement is correct, but rather that, regardless, one must ensure they can accept any direction. If it is a bear market crash, like on April 7, I had no extra thoughts; I just went all in on Bitcoin.
Now there are profits and uncertainties, so I need to take some defensive measures, that’s all.
