This is neither the 2008 financial crisis nor the 2022 interest rate hike bear market.
The Nasdaq's support at each previous high has been very strong, and now it is near the previous high again.
For the Nasdaq, which tends to have short bear markets and long bull markets,
a 15% drop already offers great value,
a 20% drop is a clear signal to buy without hesitation,
and if it drops 30%, thank God for the opportunity.
Buy slowly, buy more as it falls, and look back at your account after a few months—these panics won't mean much.
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more