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Topic: Bitcoin bull run is not for everybody (Read 3 times)

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April 23, 2024, 11:55:49 AM
#1
Some weeks ago we heard lots of anticipation while waiting for the halving and now that Bitcoin has finally halved, there is a lot of hope and anticipation on when Bitcoin will go up high to the moon. we make these plans, and projections with high hopes and expectations forgetting that the bull run isn't for everybody.

As long as it concerns being Profitable in our Bitcoin investments, There are levels and stages that different individuals fall under and the stage you are in determines if you should be eagerly waiting for Bitcoin to go up high to the moon or to wish for more bearish seasons so you will be able to stack up more  Bitcoin. For those that are just experiencing the first Bitcoin halving and are still early in their accumulation stage, what's your joy is that there is some level of correction in the market that will enable you to buy more Bitcoin with a lower amount and that wouldn't make you get too excited about a very sharp bull.

Am I suggesting that Bitcoin getting to an ATH of $150k or above at the end of the coming bull run is a bad thing? Not at all. if it does so, it will build up my buying mentality to become stronger and will become a sure encouragement that will help me stack up a good chunk of Bitcoin before the next halving. What I'm saying in essence is that the bull run doesn't make any sense to someone that hasn't stacked a good amount of Bitcoin in his portfolio, as long as you're still at the accumulation stage, what's primarily your concern is that you can buy more either through your DCA plan or buy at DIPs that occasionally happens and not get triggered about any speculations of Bitcoin getting to $100k within some few days or not.

I still recall the last $73k ATH that Bitcoin got to of recently, it was loud on the Internet and so many bloggers used it to create headlines but at the end of the day, if you don't have a good chunk of Bitcoin, there wouldn't be any difference between Bitcoin being at $30k, $50k or even $250k.

Know your Bitcoin accumilation zone. If you're still stacking, don't allow the bull to eat up your holding, you might not be previledge to buy back at these amount. Don't compare your one year stack with those that have been in the system long enough to have considered taking any profit from there investment.

.  Love the bear market and appreciate every bull you witness but never sell when you should be buying. 
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