In 2018/19, I watched my portfolio go -90%… then another 90%… and then another 90%.

Constant chop.
Relentless downtrend.
In 2022, I mostly stayed out.
This time, I’ve done the same.
Hardly taken a trade since December.
Not because there aren’t setups —
but because this isn’t the environment to be active.
You don’t need to time the bottom.
Just wait for the market to show its hand.
Avoid the chop.
Avoid the downtrend.
Preserve capital.
Active trading isn’t for everyone.
Most end up holding weak alts with 100x dreams,
and when they start bleeding… they gamble what’s left on leverage.
That’s usually how it ends.