Author

Topic: Bull Run (Read 287 times)

legendary
Activity: 2492
Merit: 1327
October 20, 2023, 02:20:34 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: 602
Merit: 749
October 16, 2023, 06:45:45 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: 2240
Merit: 579
Leading Crypto Sports Betting & Casino Platform
October 16, 2023, 05:36:06 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: 322
Merit: 306
Farewell LEO o_e_l_e_o
October 16, 2023, 04:32:02 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: 4718
Merit: 4218
Leading Crypto Sports Betting & Casino Platform
October 16, 2023, 04:07:18 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: 3500
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
October 15, 2023, 03:28:42 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: 826
Merit: 326
Leading Crypto Sports Betting & Casino Platform
October 15, 2023, 12:04:14 AM
#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: 2296
Merit: 366
October 14, 2023, 09:06:49 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: 1190
Merit: 516
Eloncoin.org - Mars, here we come!
October 14, 2023, 04:27:57 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: 1232
Merit: 524
October 14, 2023, 06:33:44 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: 322
Merit: 306
Farewell LEO o_e_l_e_o
October 14, 2023, 06:12:25 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: 1470
Merit: 783
October 13, 2023, 01:04:56 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: 322
Merit: 306
Farewell LEO o_e_l_e_o
October 13, 2023, 12:30:31 PM
#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: 2450
Merit: 616
Leading Crypto Sports Betting & Casino Platform
October 13, 2023, 11:45:57 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: 2184
Merit: 718
October 13, 2023, 11:38:55 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: 2254
Merit: 439
Leading Crypto Sports Betting & Casino Platform
October 13, 2023, 10:56:37 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: 1246
Merit: 356
October 13, 2023, 10:28:25 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
Play Bitcoin PVP Prediction Game
October 13, 2023, 10:02:32 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, 08:44:55 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: 3430
Merit: 10504
October 13, 2023, 08:29:07 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.
hero member
Activity: 2884
Merit: 620
October 13, 2023, 08:18:07 AM
#14
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.
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.
hero member
Activity: 2814
Merit: 574
October 13, 2023, 06:33:33 AM
#13
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.
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.

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.
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.

Determine your investment Objective: Setting clear goals will definitely affect your portfolio decision. Clear objectives are necessary.
Definitely, again don't overthink about it, just invest what you can afford to lose.

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.
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.

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.
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.
hero member
Activity: 1582
Merit: 690
October 12, 2023, 11:35:15 PM
#12
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.
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.

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

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.
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.
hero member
Activity: 966
Merit: 511
🇵🇭
October 12, 2023, 11:29:45 PM
#11
Snip

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.
hero member
Activity: 1260
Merit: 515
October 12, 2023, 11:23:48 PM
#10
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.
sr. member
Activity: 420
Merit: 252
My post made philipma1957 wear signature
October 12, 2023, 07:41:41 PM
#9
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.
hero member
Activity: 532
Merit: 508
What do you believe in?
October 12, 2023, 06:13:26 PM
#8
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.
sr. member
Activity: 812
Merit: 349
October 12, 2023, 06:11:50 PM
#7
Bull Run
Assumption is the lowest form of knowledge. Please do well to contribute and share your knowledge on this subject of discuss.
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.
hero member
Activity: 1022
Merit: 667
Leading Crypto Sports Betting & Casino Platform
October 12, 2023, 05:51:45 PM
#6
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
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.
sr. member
Activity: 2310
Merit: 355
October 12, 2023, 05:46:53 PM
#5
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.
hero member
Activity: 2786
Merit: 646
October 12, 2023, 04:44:16 PM
#4
"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.

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
Lots had been shaked but ended up on buying on higher price considering that the price is starting to climb up now.  Cheesy
sr. member
Activity: 190
Merit: 234
Not your coins, not your business
October 12, 2023, 04:35:41 PM
#3
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
legendary
Activity: 840
Merit: 1004
October 12, 2023, 04:31:09 PM
#2
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.

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.

Quote
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.

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.

Quote
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.

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.  

Quote
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.

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.
jr. member
Activity: 77
Merit: 9
October 12, 2023, 03:44:12 PM
#1
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.
Jump to: