Topic: Capitalise on Bitcoin Bull Run (Read 210 times)

But who says that "it's expected to hit $100k by end of the year..."?

I would seriously like to ask 10 of those self-proclaimed experts like Mike Novogratz and I bet that most of them wouldn't get close to the actual end of the year price with their estimates. When a ton of gurus throws out their estimates into the wild, of course some of them will be right, but that doesn't actually make them a guru.

This time one thing is almost certain: there is so much institutional momentum involved in the price development that we won't crash to 20k again. I think governments and organizations alike have understood that owning BTC is obligatory. There is no specific number anyone should own, but disregarding it altogether can't be a smart move.

Whether you take the Russian or the American government stance on BTC, I am quite sure that both of them own tons of BTC.It wouldn't be particularly smart to publicly tell the world how great BTC is if the goal is to accumulate a lot of it before it goes to the moon and becomes geopolitically relevant.

That's why I think this bull run still has a lot of momentum left in the tank. But I couldn't give a reasonable guess where the price could peak in 2024.

Many investors are taking short term profits to predict the market will soon reach a new ATH this week, they have high funds to trade for big profits despite the impact of a few percent increase, but I suggest waiting for the next market correction because whales are taking big profits from the bull market currently and this could potentially experience a drastic decline, so save your fiat to start investing at low prices and we will gain profits in the bullish era reaching a higher ATH after the halving.

I believe investors are using this bull run to make enough profits that will make them not to miss next bear run because, what some investors achieved now will give them the confidence to save some money that will allow them to buy BTC when the price is low and have the mind to hodl it for long before they can market the BTC to achieve higher profits.

I guess we are about to enter massive bull run because the price of BTC has reach $65k and, there are some signs that show that the price will reach $70k before the end of this new week for investors to sell to make a good profits.

Everything like what you said is not wrong and if there are users who typically hold BTC, I think there is no need to look at the current market, what only exists will trigger physics and make us change decisions, what we had previously planned can change.

A correction is a buying moment and speculators are also really waiting for BTC to be dumped by the whales for the process of accumulating their BTC again and this will also make other traders with short-term models also be pressured to sell together and I think this is very normal.

This is the wrong way of treating the bull run. If you want to maximize the bull run, you either hodl or take profit. If you want to get into the market, you don't wait for the bull run. You wait for the bear season and you buy. That's definitely how great investors do it.

But many Bitcoin investors are not the wisest of investors. They mostly have this sheep or herd mentality. They easily panic and get excited, all at the wrong time. They panic when the price is freely falling and cheap, so they don't buy. And they get excited when the bull run happens, so they buy.

the hard thing to do is finding the right entry tho, yes we want to capitalize this opportunity that is bitcoin bullrun but we also know that this time around we might already be too late.

i mean lets be real here, the price has increased so significantly from the bearish price, people are definitely welcome to invest, but are they also can tolerate if suddenly corrections happens which they definitely gonna happen at some point that what I know is part of the bullrun itself, a correction that gonna shake hands of many people into panic selling all their asset and then bounce back right up and go rally even higher afterwards, thats what im talking about with investing when the price is already beyond average, DCA is might be the best solution here, lump sum investment is definitely not gonna be a good idea this time around at least with DCA we can tolerate the price swings more than just investing lump sum altogether at the same time.
if im being honest, i would wait for the right opportunity to make an investment definitely not right now, but doing that can also mean we might miss opportunity to get good profit when price suddenly comes back up.
it all comes down to the risk tolerance of certain people that trying to invest at the end of the day.
after all, investment is always full of uncertainty.

I wouldn't call the advise of the OP capitalizing on the bull run. It's more of really being a smart investors regardless of what is going to happen in the future. There are no guarantee here, we are making a lot of wild and educate guesses.

What makes it's different though is that everyone here has the method on how to accumulate and make profits, it could be short or long term. We even had day traders during the bull run. Yeah, DCA is the key if we are looking to invest as it is also applicable even in a bull run but the profit is not going to be big.

You can take advantage of the bullrun in any way, bitcoin still has not reached the previous ATH so it is still worth buying from now on and then settling with HODL because the price will definitely rise in the future.

Accumulation by means of DCA is good especially many people say in bearish times it will benefit you because buying bitcoin in a downturn but that's not a problem not even though the price is now more than $50K, don't feel left out because when the price is high then you still haven't bought then the regret will be even more painful if you only see the price without having bitcoin in your bag.

The real winners or smart investor have already accumulated enough for this bull run but yeah there is no harm in entering the market now, I have just one condition if we happen to invest now which would be wait for a market correction and as you have mentioned let's not wait for dip but I would say let's not wait for massive dip but capitalize during the market correction and when I mean market correction it's similar to the one we saw after Bitcoin touched $48K. Anyways we have decided to invest so let's make the most of it by investing at the right time which will increase our profit percentage when Bitcoin goes on massive rally.

Yes bitcoin is on the rise and foe now it is only those that understand the market can buy and not for newbies. Because newbies might be thinking that the price is too high for them and they will not make much profit from the market. Op the best time to buy is when the price is low so foe you to say we should not wait for the dip is wrong. Op in any business we buy things when the prices of the goods are low and we sell them higher to thee customer that would buy it. So it is always good to buy the dip and hodle for the bull time. Nobody like to do investment for the average time of the market but at the lower time of the market.

First of all, those who have accumulated Bitcoin when it was trading in the $20k-$25k price frame will not buy at the current time where Bitcoin is currently trading over the Price of $50K because the market is highly bullish. Investors always keep an eye on the market to go downer and when the market gives the investors the opportunity of filling their bags they can accumulate it more as they want or afford. Well in my opinion there may be a good buying opportunity in coimg time before the Halving Event where the market can make good correction and at that point every investor will buy and accumulate Bitcoin aggressively.

Besides all that, I would advise OP that dear never rely on the signal indicator as you aforementioned RSI buy buying and selling. The market sometimes takes bad moves which can prove a bad action for you if you only buy or sell keeping in mind the RSI indicator well the best point is that if you are the one who uses indicators for buying and selling use some other good indicators as well and after using all that take decision accordingly at your own risk. These things need good research from investors like when to invest or when to Buy! Do your Own Research, Many Thanks!

Only those who have had and nursed the idea of DCAing for at least a year can actually benefit from the bull season. Why it's so is because the bull season is a profit taking time where traders or merchant traders or even long time investors sell their BTC assets and make profit no matter the price at which they bought.

Moreso is the halving that's expected in the first quarter of this year, and it is a new experience for those of us who only joined the cryptocurrency world of BTC.
The best advice would be to observe and further try acquire by DCA some BTC to HoDL for future bull seasons that would surely happen.

Some people fail to understand that the bull run season is not the ideal time to buy Bitcoin. Indeed, the price of Bitcoin will still appreciate this year and earlier last year but the best time to buy if you want to enjoy the current bull run was before this year. By this time last year, Bitcoin's average price was $23,304.54 and there was no rush to invest in the currency.

We are expecting Bitcoin to get $100k but nothing is certain that it will get to that price, this is why it would have been better if someone bought when it was below the current price. Some investors that bought several years ago have even started selling because it has reached their profit target. As we expect to make a profit in this bull run, there is also a need to start planning for the next bear season.

I think anyone can buy anytime, will you just dash your plan to buy bitcoin  because of the bullrun, as it stands we don't know the amount the price will hit in the next few weeks or day so buying now is never a bad unless you are a spectator in the system, every given time or period in the market comes with opportunity, the only people that understand this events is those people that have studied much about bitcoin and are ready to always invest no matter the price of bitcoin, IMO what we should be doing is to identify the strategy we can invest with in every particular season of bitcoin market.

You are right to some extent. Best time is to accumulate in bear market but for a normal investor it is hard to find out how long will bear market continue and to what levels  will price keep dropping.

There can be other approaches to investing as well. Like investing some amount per month, irrespective of the price of the bitcoin. In the long run, this strategy has higher chances of giving more profit in comparison to the strategy of chasing bear and bull market.

Actually, the best time to buy is when likely no one's buying because they're all afraid of the condition of the market and that's during the bear market. The price of Bitcoin was considered during that time and most newbies think that it's already dead.

With that opportunity, it comes for a few times every cycle and those that have missed it trying to wait for the good run of the market to come back and that's the time they're buying. I don't say that it is wrong but you're all waiting for the entire market to be active again.

But the opportunity was really on that time when Bitcoin was sluggishly moving and many don't feel of buying it. Right now, the greed index is increasing again and this is scarier than the bear market although we're all looking forward to the bull run.

Guaranteed profits do not exist in volatile markets, this is an illusion and everyone must make their own studies and investments.

Now, one thing is certain, every time the price increases, the risk increases with it, so always be very careful and know what you are doing, so that later you don't blame other people when you buy ATH and provide liquidity to those who bought it before you.

When it's going up, everyone is always a bitcoin expert, but the game really starts in the bear market.

Right. Grabbing more Bitcoin is like a shopping spree that is best done during the bear market or when things are just coasting sideways. Everyone's doing their own thing but those who've got faith in Bitcoin, they're in it for the long haul, be it a wild bull run or a chill bear market.Anyone can take profit in half and hold half.Trust the process, right?

Lol, the best time to capitalized from this bull run if that if you have a lot of BTC already. And that accumulation phase should be in the bull run, 2 years ago we see the lowest low of $15,500 and that is the best time to buy and let's say save 1 BTC. But if you can't do that, then DCA is your friend. Of course, you can still accumulate as much as you want at this price, but the profits will not be as big as when you do it in the previous years. This is just a lesson for us, that we shouldn't be like sleeping in the bear market. But instead take that opportunity to buy and have that mental toughness to grind weekly to DCA and buy based on your capital. And then after that, wait for the bull run, at least time the market if you are going to sell, near the top will be a good one to get your profits from that hard word you have done in the bearish cycle.

The impression is that the OP somewhere picked up loud slogans about investing in Bitcoin. There are lots of motivational phrases.
OP, everything can be said simpler and shorter. Yes, it’s time to buy for those who understand Bitcoin, and it’s time to study it for those who are not yet ready to buy.

Let me tell you that you ain't seen anything yet, wait until the bullrun begins properly, investors should be getting ready for that massive move and this is going to be a table shaker as well on other cryptocurrencies to move along, you can see for yourself from the table of history on how Bitcoin bullrun had been performing, this year halving is going to follow same with bullrun and this can come in anytime after the halving, some already said we should expect bullrun by the end of the year while some are giving their own possible suggestions for the first quarter of 2025.

Bullrun Expectations After 2024 Halving


source

Bear market is always the best time to start accumulating bitcoin, but right now we are already in a stage 2 bull market already, after the halving the stage 3 will begin which will be the final massive pump for Bitcoin, I think the lower price of Bitcoin was $15,800, it was a golden opportunity at the time and many people failed to get in because they believe we are going lower, they should have just use DCA method instead.

Some corrections will happen, that's normal but the bottom for Bitcoin is already gone now, the next best buying opportunity will come in 2026, mind you, stop chasing the bottom, instead, trust and start using DCA method rather than trying to figure out what the bottom will be.

Don't follow the audience, when Bitcoin dump massively like the FTX saga, it's a calling to buy some Bitcoin, I hope many people have already learn their lessons again in this market, avoid what people are telling you, the opposite of what they say will always happen.

The best time to accumulate more Bitcoin is in the bear market or when the market is going side ways. Bull market is the time when you actually see your Bitcoin price go up and feel satisfied. It is that time when diamond hands fell confident and continue to keep on holding untill the next time. There are others who enjoy taking profits and others who try to get back thier investments which might have got stuck  when they bought Bitcoin at it's ATH. We would see different things happening with different people but those who have trusted Bitcoin will keep trusting it whether it is a bull or bear market.

Bitcoin is on a bull run, so investors are encouraged to capitalise on this bull run. To Make The most  of the bull run consider investing and staying informed on trends. 2024 is exciting for Bitcoin, Bitcoin's strong performance this year is indeed impressive. It is a great opportunity for investors. To invest in a bull market is considered you buy when the price  is rising and of which there is a significant potential growth.
During a bitcoin bullish market indulging in a good investment and capitalising on it will be the difference that will take your profit to another level, some popular strategies. Buy bitcoin by implying DCA method to accumulate because bitcoin now is $52  and it's expected to hit $100k by end of the year so there will be gains if capitalise on it right now don't wait for the DIP . Then HODl to maximise your profit and reduce loses , consider using Relative strength index (RSI) to make good HODL decisions,  DYOR to navigate through the market, Then you can consider taking profit with strategies when the price is right for you. Bull markets can be dangerous if you let greed cloud your decisions, so consider selling gradually as the Market peaks. It is not too late to capitalise on a Bitcoin bull run  and making profit is guaranteed with its potential growths of Bitcoin.