Topic: Bull Run - page 2. (Read 287 times)

I am sure that this is going to be the toughest battle of the most of us when the bull run has arrived. Many won't know themselves real if they want to sell already even if it's not the peak. That's not a problem as long as they're able to sell at profit and no need to reach the peak because that's the hardest part to determine.

And this is the same when someone panic sells, they're out of their minds because what they're following is not their minds but their hearts with fear. We can't blame them for that because it's either that will be the first time that they're into the market.

Because those that have been here for a long time won't do the same mistake that they've done before and that includes me.

Not sure if we need to overthink and complicate things on our end. One important date is the block halving, but there is exact date for it.

You just need to stay in this community, for sure you will get the updates that you needed plus some few discussions from those members who have better experienced.

Definitely, again don't overthink about it, just invest what you can afford to lose.

Might be better if you look for the long term. Just continue to accumulate, do DCA and you will be good and be ready for the next bull run.

It will take time to control our emotions. But as I have said, if you are here for the long term, then you won't panic or tempted to push the sell button. Don't who panic are those newbies and don't know how to react if the market suddenly goes down. But if you look at it, there's no need to do that, stay relax and buy when the price is low and then just HODL and wait for the bull run to come.

That is the journey that Bitcoin will continue to experience, where there will be times for correction and after that it will experience gradual recovery. The four-year cycle is a series that makes people believe that the price of bitcoin will increase significantly. For some people who have been investing in bitcoin for a long time, conditions that can influence the market to experience correction or conditions that can influence the market towards the green line cannot always be predicted accurately.

Someone who doesn't have a plan definitely doesn't have a concept and target to achieve. It is necessary to set clear goals in order to influence the impact of the portfolio and if someone does not have a plan it will definitely be difficult to achieve all of them.

Risks can be minimized when someone is involved in Bitcoin and how to do this by knowing the correct investment concepts. Long term and short term are two good things to apply, but long term is one of the investment targets that many people apply to produce maximum profits and most importantly, invest according to what you can be responsible for because life is not just about investment.

All this tragedy can be simplified if someone will just hold and don’t look at the price chart frequently. Have a target length of investment so that you will not be affected whatever the price action since you already have a goal to focus.

We already have a clear pattern which bull run always come at some point of the cycle. I think it’s better capitalized on it by loading a lot of Bitcoin until we reach the long term target. Let’s ignore small price action and focus on long term price. There’s nothing to be prepared if you are a long term holder. The living proof on this strategy are those who bought Bitcoin 10 years ago and just recently sold their holdings. We can do that too since we are still on the early phase of the real Bitcoin cycle.

I think if you are really here for the long haul, then the best advise is to just accumulate as much as you can. Specially when we had like the lowest low for this bullrun at $15,500, if you were able to buy a lot of bitcoin that time and just hold and continue to save, then you are ready for the bull run next year or the next coming years, as speculators are expecting it to be 2024 and then hit it's peak at 2025.

And we still have like 5 months to go for the block halving, so plenty of time to do DCA and again, buy when the price is still very cheap and at a discount price.

The above tips are looking like trading tips and short term investment times. I mean things about emotions and the rest. The title of the thread is talking about bull run, if I am investing against bull run, I think I will only cash out when the bull run happens.
Also, saying about staying upto date in about information, I do not think that bull run is something that can happen without anyone knowing about it. It actually does not happen in secret but what I do not know is whether it fails sometimes which I have asked in the bitcoin discussion board.

Well, like you have said, if someone invests in Bitcoin and holds it for a long time, they will definitely sell at a high price during the bull market, but if they are weak hands that cannot hold themselves from selling out their asset because of the panic of price volatility, then they might not receive any profit or could even be selling at a loss or just a little profit. The advice has always been that investors should invest what they think they can risk, but despite this advice, I would love to add that any Bitcoin investor who only puts in a small amount of capital into a Bitcoin investment should only expect a little profit too. A bitcoin investment is like other investments, in which the value of your profit will depend on the volume of your capital.

My contribution to the discussion topic is to start applying a DCA strategy to your bitcoin investments or to start amassing bitcoin at a cheap price as bitcoin's price declines while you continue to wait for the bull run to occur within the next year or so. Avoid trying to wait until it drops much before you begin to consider investing in bitcoin. The longer you wait, the green candlelight might pick up and you may be forced to buy bitcoin at a high price due to FOMO.

Since there are less than 200 days until the halving season, you and I have no idea when bitcoin's price will increase or drop, let alone by how much. Instead of waiting for the significant decline in the price of Bitcoin, use the opportunity to invest what little money you have.

Indeed time have passed and we are almost at another cycle again in just a few months from now,  there have been a lot of expectations and speculations of what to expect in the next phase of the market and how its behavioural pattern will work, and a lot of times many have pointed to a more positive outcome immediately after the cycle block halving in 2024 but then before that time,  we have to put a lot of preparation on the ground to position us for the better in the time frame.

Just as you are amazed at the level of the positive market development since the time we had the $10k bitcoin price which was a long time ago,  and the next price stop will be double our current price if not even triple the amount.

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.

"Stay Up to Date"
"Determine your investment Objective"

Even we do know that not all the time this market would really be having those kind of news or events but it wont really be that a bad habit to make yourself that updated on which you are fully
aware on whats the current happening in the market on which it would really be giving out advantage whenever there's something new that happen around. If ever you would be finding some selling opportunity then you could really easily make out such outright decision and same goes on buying opportunity too.

Always recommendable on setting out goals and targets in regards to your investment on which selling point or level should be set out and since we know that not all
are really that willing to hold like forever then its always recommended that you should be setting one.

Lots had been shaked but ended up on buying on higher price considering that the price is starting to climb up now. 

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.   

I don't know the type of information you need. You can always do your research to get the information you need to make decisions. You can also use the search option in the forum to get the information you want.


This might make sense to crypto traders and not long-term Bitcoin investors. In fact, news about government policies could be a distraction to Bitcoin hodlers.


Having an investment plan is important to enable you to know when you have achieved your goals. I want to add that you should avoid greed. And choose only Bitcoin if it is a long-term investment.  


Avoid fake news and don't believe all those people on social media who claim to be crypto analysts. The always who always claim to know the future, while they know nothing. Focus on your plan and don't give in to FUD.

Bull Run

I have been hearing Bull run in Cryptocurrency and I have been trying to equip myself so as to profit from the market. The Last Crypto Bull run started around May 2020 and continued to early 2021 which ended with Bitcoin price doubling in all time high at $69,000. If you have been around you will notice the 4-year cycle series (From the bottom of the previous cycle to the bottom of the next). A crypto bull run may be on the rising or super far away still so you may not want to be cut unaware.

The bear market is already in and stabilizing it found a support around $15,000 (Nov. 2022). From that point there is upward prize trajectory on long term chart. It is unlikely but not impossible to see a drop back down to those bear market low levels of $15,000. If it drops it also creates opportunity for investors.
Here are some Essential steps to take;

Get equip with knowledge: Educating oneself will help make inform decision. Here I will like to use this medium to appeal to those that have solid knowledge to share with us and provide us with useful information and link.

Stay Up to Date: You need to know the optics of crypto regulations this days and how it will affect the crypto market globally. This is one of the best community so far you can get credible information.

Determine your investment Objective: Setting clear goals will definitely affect your portfolio decision. Clear objectives are necessary.

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 profit.

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.
 
Assumption is the lowest form of knowledge. Please do well to contribute and share your knowledge on this subject of discuss.