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Topic: Bull Run (Read 334 times)

legendary
Activity: 2534
Merit: 1338
October 20, 2023, 01:20:34 AM
#34
Set Your Risk Tolerance: Are you looking for short term or long term opportunities. The potential rewards in the crypto market are high so as the risk factor. Never invest what you cannot loose but for Bitcoin leaving it for a longer period will earn you profits

During bull run, we have to invest for long term and not short term because the market moves very fast during the bull run. If we sell and think we can buy back when the market falls we mightn't be able to buy back because of the fastness of the market in rising up. We are supposed to have prepared before the bull run comes, we're meant to have accumulate Bitcoin doing the bear market. Our risk tolerance are supposed to be set up during the bear market.

Managing our emotions is very important if we want to make profits during the bull run and it can be done by investing only spare money, just because it's the bull market doesn't mean we have to invest everything we have as during the bull market too, the price of Bitcoin can fall and make us to lose therefore we have to invest wisely.
Investing just your spare money is not an option for the majority of the people, and this is because if they did that then it will take them forever to obtain any kind of meaningful results, so people need to use all their savings when they invest, it is because of this that sometimes I get impressed by the irresponsibility in which some people use this money that it has taken them so much time to save by investing in shitcoins they know are not worth anything, and despite knowing all of this those people are still willing to risk it all in such a dangerous investment.
hero member
Activity: 616
Merit: 749
October 16, 2023, 05:45:45 AM
#33
Set Your Risk Tolerance: Are you looking for short term or long term opportunities. The potential rewards in the crypto market are high so as the risk factor. Never invest what you cannot loose but for Bitcoin leaving it for a longer period will earn you profits

During bull run, we have to invest for long term and not short term because the market moves very fast during the bull run. If we sell and think we can buy back when the market falls we mightn't be able to buy back because of the fastness of the market in rising up. We are supposed to have prepared before the bull run comes, we're meant to have accumulate Bitcoin doing the bear market. Our risk tolerance are supposed to be set up during the bear market.

Managing our emotions is very important if we want to make profits during the bull run and it can be done by investing only spare money, just because it's the bull market doesn't mean we have to invest everything we have as during the bull market too, the price of Bitcoin can fall and make us to lose therefore we have to invest wisely.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
October 16, 2023, 04:36:06 AM
#32
I think the knowledge that matters the most when it comes to investment in Bitcoin is the fact that Bitcoin will always recover and that it is not for short term investments. Of course this should go along with the knowledge about Bitcoin itself, I mean the technology. If an investor has all this, I guess he is good to go. These knowledge is sufficient enough to keep him going and stacking satoshis despite bear markets and long months of waiting for better days.

Knowledge is the most general and concise way to talk about bitcoin investment, the factors that OP mentioned such as managing emotions, determining investment goals...We will collect and accumulate everything during the learning process as well as the experiences that the market brings to us. So just say that if someone wants to invest in bitcoin and to be able to get good profits, we need to have the most complete knowledge.
sr. member
Activity: 588
Merit: 438
Forum Only For Fun
October 16, 2023, 03:32:02 AM
#31
-snip-

I think the price might pump a bit toward $30k in the next few weeks to attract more retail investors before a final correction. We might see a below $20k price tag before BTC halving.

The thing that strengthens you is that the price will go up if you can just mention it because many people can also say the possibility of what will happen to the price of bitcoin.


-snip-

It is better not to wait for the dip before buying Bitcoin because you can not predict the price action. The best option is to buy; whenever you have money or set a target price to buy some bitcoin, and once the price hits that target just buy it. At the end of the day, everyone will be in profit, but your patience will be tested if you invest. It is expected that the price will touch new ATH after the next BTC halving, so it is a very good opportunity now to buy Bitcoin with a few bucks.

The thing that strengthens you is that the price will rise if I may just mention it because many people can also say a possibility that will happen to the price of bitcoin.

Buy good things when prices are low and sell when prices are high. A theory that will stay on the shelf and gather dust.
I will repeat that no matter how great the people who advise don't wait for a dip to buy, those who are not willing to execute that advice still won't hear it.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
October 16, 2023, 03:07:18 AM
#30
I think the knowledge that matters the most when it comes to investment in Bitcoin is the fact that Bitcoin will always recover and that it is not for short term investments. Of course this should go along with the knowledge about Bitcoin itself, I mean the technology. If an investor has all this, I guess he is good to go. These knowledge is sufficient enough to keep him going and stacking satoshis despite bear markets and long months of waiting for better days.

It’s dangerous to think that it will always recover. That’s one of the largest dangers that could cause it to not recover in my opinion. Bitcoin is certainly a risk on asset and I’d hate to see anyone get too comfortable with it. Things like ETFs will certainly do a lot to alleviate fears among individuals not wanting to be responsible for their own coins though, which is a significant amount.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
October 15, 2023, 02:28:42 PM
#29
The idea that the world economy is not great so many things will not be all that great with the bull run is not really a bad deal and should be something that we need to accept as it is, and we could definitely see bitcoin price rise precisely because of that. I am not saying that it will, but I am just saying that we do not have a reason for the world economy and bitcoin that is connected at all times.

For example, there wasn't anything special about the world economy in 2017 December, but it got off, it wasn't great or terrible and it go up anyway. I believe that we are going to have something like that, world economy will be just as it is, no changes, and bitcoin price will end up much higher. This should be the common expected result, bitcoin is by far better asset than anything else and the world economy is much bigger so moving that is a little bit harder, there needs to be something major to make it move, it's easier to make bitcoin move up.
sr. member
Activity: 882
Merit: 326
October 14, 2023, 11:04:14 PM
#28

Manage your Emotions: Set realistic expectation and stick to your investment strategy. Doing this we help your emotions. We all need a balanced emotions to make rational decisions.
 

Regarding emotions in investing in Bitcoin, it's clear, when the market experiences a bear market and most people feel afraid of investing/frustrated, that's when we make purchases or accumulate and prepare for long-term holding while waiting for the price to rise to reach a new ATH and pass the halving event. Vice versa, if people are greedy during a bullish market, we are ready to sell (especially if BTC has passed the old ATH price).

Sometimes many people forget and are too nostalgic until they experience losses and frustration in crypto because of emotions they cannot control.
sr. member
Activity: 2380
Merit: 366
October 14, 2023, 08:06:49 PM
#27
I think the knowledge that matters the most when it comes to investment in Bitcoin is the fact that Bitcoin will always recover and that it is not for short term investments. Of course this should go along with the knowledge about Bitcoin itself, I mean the technology. If an investor has all this, I guess he is good to go. These knowledge is sufficient enough to keep him going and stacking satoshis despite bear markets and long months of waiting for better days.
hero member
Activity: 1232
Merit: 516
October 14, 2023, 03:27:57 PM
#26
It is better not to wait for the dip before buying Bitcoin because you can not predict the price action. The best option is to buy; whenever you have money or set a target price to buy some bitcoin, and once the price hits that target just buy it. At the end of the day, everyone will be in profit, but your patience will be tested if you invest. It is expected that the price will touch new ATH after the next BTC halving, so it is a very good opportunity now to buy Bitcoin with a few bucks.

Not all of us share the same interests or strategies. Investors have their own strategies for buying bitcoin. However there isn't any set of rules for invest so everybody can have their own choice of investment strategy. I agree with your observation as there is no assurance that there will be a dip. Instead of waiting for the dip we can start accumulating parts so that we won't lose our chances either way.
hero member
Activity: 1288
Merit: 524
Buzz App - Spin wheel, farm rewards
October 14, 2023, 05:33:44 AM
#25
I don't fully believe in the market conditions that will occur from any speculator because October is already at the end of the second week and the support price is still not strong at $27k. Maybe the market price will recover slowly based on many speculations it will start in the third week of October.

I think the price might pump a bit toward $30k in the next few weeks to attract more retail investors before a final correction. We might see a below $20k price tag before BTC halving.

-snip-
There is no way to keep buying in order to accumulate as much as possible, if you keep thinking about price and analysis all the time this will be a bit of a hindrance, so focus on buying and then holding, patience will be tested when you are facing problems, but when you have prepared all that will not happen.

Even if we want to say it in a good way, those who are still thinking about low prices to buy will not want to execute it well as long as they are not willing to take their minds off the price problem every day to buy. Just a waste of energy.
Other investors continue to consistently buy and hold with great patience until they finally make a profit during bull run market conditions.

It is better not to wait for the dip before buying Bitcoin because you can not predict the price action. The best option is to buy; whenever you have money or set a target price to buy some bitcoin, and once the price hits that target just buy it. At the end of the day, everyone will be in profit, but your patience will be tested if you invest. It is expected that the price will touch new ATH after the next BTC halving, so it is a very good opportunity now to buy Bitcoin with a few bucks.
sr. member
Activity: 588
Merit: 438
Forum Only For Fun
October 14, 2023, 05:12:25 AM
#24
-snip-
OP is teaching us all about preparation. Grin

That's what I'm trying to understand the meaning of the title and content of the topic created by the OP Grin


Yes the bearishness will still continue before the halving arrives, but once past that all speculation says bitcoin will recover slowly and make a rally at the end of the year, some institutions already have a range of numbers for that year.

I don't fully believe in the market conditions that will occur from any speculator because October is already at the end of the second week and the support price is still not strong at $27k. Maybe the market price will recover slowly based on many speculations it will start in the third week of October.


-snip-
There is no way to keep buying in order to accumulate as much as possible, if you keep thinking about price and analysis all the time this will be a bit of a hindrance, so focus on buying and then holding, patience will be tested when you are facing problems, but when you have prepared all that will not happen.

Even if we want to say it in a good way, those who are still thinking about low prices to buy will not want to execute it well as long as they are not willing to take their minds off the price problem every day to buy. Just a waste of energy.
Other investors continue to consistently buy and hold with great patience until they finally make a profit during bull run market conditions.
hero member
Activity: 1498
Merit: 785
October 13, 2023, 12:04:56 PM
#23
1. People profit during a bull market who have already invested.
2. How to deal with a bull run market.
They are preparing to return after being in profit during the bull run.
Buying from the current price for Bullish preparation.

I think the discussion you describe does not match the title you created. Above are two titles for topics that match your topic description.
The latest market conditions since I joined the forum are still bearish. The analysis that I have read from various sources on several media platforms explains that market conditions are currently preparing to become bullish and preparing to welcome the halving
OP is teaching us all about preparation. Grin
Yes the bearishness will still continue before the halving arrives, but once past that all speculation says bitcoin will recover slowly and make a rally at the end of the year, some institutions already have a range of numbers for that year.

I also compare every analysis I get with price history from year to year and I agree with the statement that the longest bearish condition has lasted is now.
In facing market conditions like this, the advice recommended by many analysts is to buy, hold and strengthen patience. In my opinion, it can be used to welcome a bull run.
There is no way to keep buying in order to accumulate as much as possible, if you keep thinking about price and analysis all the time this will be a bit of a hindrance, so focus on buying and then holding, patience will be tested when you are facing problems, but when you have prepared all that will not happen.
sr. member
Activity: 588
Merit: 438
Forum Only For Fun
October 13, 2023, 11:30:31 AM
#22
Topic: Bull Run

✂️

1. People profit during a bull market who have already invested.
2. How to deal with a bull run market.

I think the discussion you describe does not match the title you created. Above are two titles for topics that match your topic description.
The latest market conditions since I joined the forum are still bearish. The analysis that I have read from various sources on several media platforms explains that market conditions are currently preparing to become bullish and preparing to welcome the halving

I also compare every analysis I get with price history from year to year and I agree with the statement that the longest bearish condition has lasted is now.
In facing market conditions like this, the advice recommended by many analysts is to buy, hold and strengthen patience. In my opinion, it can be used to welcome a bull run.
hero member
Activity: 2660
Merit: 630
Vave.com - Crypto Casino
October 13, 2023, 10:45:57 AM
#21

Things are not stable in the world right now, so it is unlikely that the markets will start to rise now.

This is instructive but that is not always the case with bitcoin. Bitcoin is not fiat and it is not controlled or manipulated so it may not just happen with the expectation of decrease in price for the reason of what has been happening in the world. Remember the war in Ukraine has been on close to two years and bitcoin has not done badly, so I don't think Israel and Palestine war will not be a reason but if bitcoin price will decrease, I think it will be logical because of the bearish year which is suppose to be this year.
hero member
Activity: 2338
Merit: 737
October 13, 2023, 10:38:55 AM
#20
It's funny to read when someone writes about a bull market starting when the opposite is happening. While it could come at any time, I don't think we should expect anything good right now. Now is a good opportunity to buy more coins and wait for the bulls to really come back. Things are not stable in the world right now, so it is unlikely that the markets will start to rise now.
If you look at the market conditions which are still not stable enough with very few declines and increases continuing to occur and tending to be very slow, I also don't think that the bulls will come any time soon. So I just think that continuing to buy is a viable option and it's not bad for everyone rather than hoping for something that is still less certain to happen in the near future. Although actually I still quite believe in the bulls, just not this year because everyone has seen how slow price movements in Bitcoin are so the possibility of a bull in the near future is more or less unlikely to happen.
sr. member
Activity: 2282
Merit: 439
Cashback 15%
October 13, 2023, 09:56:37 AM
#19
Cannot believe it has been more than 3 years since the time we broke the $10,000 for the second time.  Time flies.  Which strong hands have left?  Raise your hand and join the next ride.   Smiley
Probably at that level, many are able to bought and hold until today because they strongly believe one Bitcoin.
This has been the longest bear market and that’s why we are seeing many already hyping the market and spreading news about the bull trend and yet the market is not moving the way we wanted it. Always have your emotions in control, don’t get hype and don’t get fomo just stick to the fact trend of the market and decide before you invest, bull market will come soon let’s be more positive to this.
It's funny to read when someone writes about a bull market starting when the opposite is happening. While it could come at any time, I don't think we should expect anything good right now. Now is a good opportunity to buy more coins and wait for the bulls to really come back. Things are not stable in the world right now, so it is unlikely that the markets will start to rise now.
sr. member
Activity: 1316
Merit: 356
October 13, 2023, 09:28:25 AM
#18
We need to have proper knowledge of crypto so that we know exactly what we should do. Just like the cycle of Bitcoin, there are a lot of losing investors because they invested in the distribution phase which is the time to sell those investors who bought in the accumulation phase.

The distribution phase - this is the time when we really want to invest because the project is very hype, but it is not.

The Accumulation phase - this is the time when investors are afraid to invest because the market is not very full, many think that it might go down a lot.

This is one of the things we have to look out in the market before we invest in what phase we are in now.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
October 13, 2023, 09:02:32 AM
#17
It's good to have equipped yourself with the preparations you must do. Don't forget to collect lots of Bitcoins at times like this because the price is still low. And hopefully, you can have a lot of Bitcoin from now on so that you are ready if the price of Bitcoin suddenly starts to increase.

If not, you should keep trying to be able to buy more Bitcoin. Otherwise, you may miss out on making profits during a bull market. And many altcoins will increase drastically too but unfortunately, we don't have a clear clue which altcoins will increase.

Only Bitcoin that we predict can increase very high and exceed its last ATH price before the halving or even after the halving. So you focus more on collecting Bitcoins from now on. And if the market declines significantly again later, you get the opportunity to buy Bitcoin at a lower price. So use that time.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
October 13, 2023, 07:44:55 AM
#16
If you've been around for a bull run before, you know the drill - keep an eye on what the successful investors are up to, and you're on the right track. When the market's on a bull run, it's like a freight train with no brakes, it can go on for quite a stretch before any serious correction.

So, if you're thinking the next bull run is just around the corner, you better gear up with knowledge and put your money where your mouth is. I mean, it's time to dive in and start accumulating Bitcoin at its current price. Who knows, we might be in for another wild ride, and if it pumps beyond $100k, that's a juicy 5x return in no time!

Stick to Bitcoin for now if you're not in the mood for the altcoin rollercoaster. Those can be a real thrill, but they're riskier. You can always diversify down the road, but let's first savor the sweet gains from Bitcoin – it's usually the first to make some noise.
legendary
Activity: 3472
Merit: 10611
October 13, 2023, 07:29:07 AM
#15
Keep in mind that when you are talking about previous bull runs and previous cycles you are talking about a decade that the global economic situation was more or less the same. Ever since the pandemic in 2020, things have not been the same as the years leading to 2020 (from 2009 that Bitcoin was created). And each year things significantly change so we can't use the past to speculate about the future like before.

For example by all speculation bitcoin price should have been in 6 digits by now but we are still stuck below $30k simply because of the very wild global economy that is experiencing lots of disruptions while struggling with both inflation and recession at the same time.
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