Topic: Just a curious amateur! what are your expereince in the previous crypto bullrun? (Read 164 times)

In the previous bull run, I was involved in crypto but even after knowing about the bull run and halving all that. I chose not to enter into the market because I wanted to test this theory about which all people and news outlets were talking back then. But when I see the results I was regretting but as I did it on purpose so I did not regret that much but also thought not to give up on such opportunities next time.

Plus I also learn many people do loss a lot of money in such hypes because let's say the last bull run helped BTC to reach a new ATH of 69k dollars but those who thought it would go up filled there pockets at the price range of $60k to $69k.

My only suggestion is, if you are afraid like me then you should not but giving a second thought and having an open mind with both reviews is also good so only invest in what you do not fear to loss. Other than this, you should not leave this opportunity while you have some money that you do not fear to loss. Note* These are just my opinions i am not asking you to invest just sharing my thoughts so DYOR.

You know it's a totally overblown bull run if you're already looking at marketplace prices on luxury watches, cars, expensive collectibles, and the likes. Thinking that you're some hot stuff and that you're better than Warren Buffett or something.

Basically, euphoria.

The bull run moment is the most beautiful moment in crypto, where the price of almost all coins will increase sharply and give us the biggest profit of all profits we have ever earned. This bull run moment will be repeated for several years; this time, we may be close to the bull run moment.

So if you are still getting ready, immediately invest in crypto according to your ability. But before starting to invest, try to learn to choose a coin that will be a crypto investment. Almost all of us choose to invest in Bitcoin because it is the main investment in crypto. While investing in altcoins, we have to be really selective in choosing them because there are so many altcoins.

You still have time to be able to follow the next bull run by starting to analyze every coin on the market. Choose Bitcoin as your main investment. In the meantime, analyze the existing altcoins starting from the top 100 coins on Coinmarketcap or Coingecko.

OP, just like others have stated, yeah, a bull run is a season of the Bitcoin market where the price usually spikes, mostly occurring every four years due to the Bitcoin halving. Since you said you have not experienced it and, from your tone, you are waiting in anticipation for the bull market, for you to really make your first experience worthwhile, you need to have a much larger fraction of Bitcoin; otherwise, you will just end up seeing the price move up while other investors will be selling and making profit. Bitcoin investment also shares some characteristics with other investments, like "the higher your invested amount, the higher your profit." So, if you invest a very small amount in Bitcoin, know that you will get a small profit during the halving. If you have a steady stream of income, just keep accumulating some bitcoin.

I feel it would be interesting experiencing another bull run even tho I have never witnessed one. The market is currently in a bearish condition and this should be the perfect timing to hold Bitcoin, why not buy now then wait for the next bull run there you can experience one

Been experiencing bull runs since 2017. Yes it was insane but life changing for me. Maybe I was in the right timing when I came back to crypto in mid-2017 after BTC touched down $10k for the first time.

It saved me from financial disaster and uncertainty. Not just BTC, but on what certain altcoins, NFTs and other stuff are trending.

The best bull run I have experienced was in 2021 during the Elon boy days and also the rise of play to earn, blue chip NFTs, memecoins, etc.

But of course if you are about to create your own startup, bull run is not the best time to build but rather than the other way around which is the bear market. Just my two sats.

Well, it was surprising when I first experience Bullrun in my crypto life. You can't simply think that the project will pump but it was impossible during that time. That is why those who have past experience with Bullrun will simply say that every Bull season Bitcoin makes history and surpasses its ATH before. And this is why newcomers had also been positive for the incoming because that is what they usually heard in the forum and in the news.
Like if you are buying Bitcoin at the current price of $29k, you can think that it doubled (or even more) during Bullrun which makes you and many people hold and patiently wait that time for a possible huge profit earned.

Based on my experience, finding the best time to take profit is hard: you may be selling too early, or waiting for too long and being unable to cut losses when the values start doing down.

Before the next bull run (if ever) it could be a good idea to set a goal that you think is enough to sell, and with the remaining wait to see if the prices keep going up. I don't think it is a good idea to sell everything at once, better to hold a part so you don't miss the train in case something extraordinary eventually happens.

They think about doing that since many want to escape the modern day slavery and they fantasize to much when they heard about bitcoin.

 This is the reason many got broke because they always expect price of bitcoin will always go high then they realize late when bear trends occur and lose everything they had.

If they don't want to make their life hard they should never quit on their job even if they are earning good in crypto.
If they really want to quit since they feel like they don't like their workplace then better find another alternative source that can provide an earnings so that we became safe if one of our source closed.

Let me share my feelings about bull run with you, though I joined this forum after I knew about the last bull run in 2021 but then what my friend a senior colleague who introduced the forum to me told me was that "It's a tensing moment for everyone both investors and traders"
It feels more like I Have Made It seeing the price growing up and up while you sleep and wake up. but if you miss the opportunity then to most it is there biggest regret.

It's a frequent notion here in the forum that people retired after a bull run and some regret. Most of the guys who regret a bull run, is either not opportune enough to meet the bull run or those who's ego or greed couldn't allow make the minimum profit. For you to profit in a bull run while holding then you most have a target or a limit set out for yourself when to sell. For instance: the price have never exceeded 80k it runs around 70k down then your selling point should be marked around 60k to 65k. But when people predicts and  wait for the biggest of it all then it turns out to fail them because you can't have everything that little is enough. Greed is the cause of most regrets for me I never regret anything opportunity missed. I believe there is still more opportunities coming.

My experience? nothing.

I didn't sell my Bitcoin during bull season, I only buy more Bitcoin and accumulate it until now.

Did I lose because I once bought Bitcoin at ATH? not really because I also bought Bitcoin when it's below $20K. Maybe I can have more Bitcoins if I sold all of my Bitcoins at $69K and buy Bitcoin when the price was at $18K, but I'm a human, no one can predict the future.

When you feel a loss, just accept it and do not try to sell, because the price always returns to make gains, no matter how long it takes. Patience is the key to making a profit in bitcoin trading, and anxiety without thinking or a prior plan means that you will achieve losses in a short time.
The opportunity is now golden, as everyone expects that the price will rise during the next year, and all those who have made losses may make profits.

For me, the bull run is the season of joy for every token, they usually see a new all-time high in the crypto market. Early investors makes huge profit from their investment while late investors will be praying for the price of a token loose gain but it keep on gaining.

I think you will see later how the bull run which will make you able to tell others how it feels like to be able to feel the running bull which will make you understand what you should do next time in the crypto space.

From other people's stories you can feel how you should do with the questions that arise in your mind that it should be like this and it should be like that, but when you feel or experience it yourself or make up your own story it will feel extraordinary.
People set targets in order to achieve profits, but the road to get to the targets that have been set is always lived with ups and downs, not as seen by others when one reaches one's goal.
There is always pleasure when we are here.

In any case, that would have been in the bull run of the first cycles. In the cycle we are in, from peak price to peak price, it has only increased by 3.5X. If we were to count from the minimum it would be 20X, but for that you would have to hit the cycle minimum to buy a good lump sum and then hit the maximum to sell everything at that time, which is as likely to hit as you are to win the lottery.

And just think that even in that case, if you invested $1K, you've turned it into $20K, which doesn't give you enough to retire on. If you invested $10K, you will have had $200K, which is a good amount, but if you were able to invest $10K, it won't be that much for you.

If we go to the previous cycles, the multipliers were higher, but apart from the improbable case of hitting cycle minimums and maximums mentioned above, what has been really profitable and has given you enough to retire is to hold on for two cycles, not one.

In my case, as I didn't have a good amount as to be able to retire, I just remember as sweet moments checking the price and seeing that we had beaten another ATH, just as I would enter the forum and it was full of bullish threads, just as on Youtube and social media, everyone saying that the price was going to $150K, $200K, even some prediction $0.5M. The bad thing was the disappointment afterwards, that those predictions didn't come true.

You will get a different experience here than that experienced by several users who have experienced great benefits from Bullrun. It's hard to tell what Bullrun feels like before you experience it for yourself, you need to prepare yourself before Bullrun comes, so that you can be part of the big, long-awaited party. You will experience for yourself how enjoyable Bullrun really is, this experience will be a story that is hard to forget, especially when it comes to your first experience in making big profits in Bitcoin investment.

Bull run is what every crypto investor are always on the lookout for because that is the best to time to make good use of the market and cashout big though not everyone will be able to ceize this opportunity or rather let me say not everyone was able to seize the opportunity during the last bull run because so many people were not too focused on bitcoin, they were focused on alt coins which led to to investing in shit coins in which the price is controlled by bitcoin and as time goes some of this shit coins began to experience massive drop in value and made investors loose so much in the end. Not that i have experienced a bull run myself but i have heard and read so much about it.

I believe a lot of people have now understand bitcoin better and they are now aware that bitcoin is the most reliable coin and they will now take full advantage of it when the next bull run arrives. We are all here anticipating the next bull run and make use of the opportunity to make huge profits. My advice for you is to avoid new coin when the run arrives because it is now difficult to differentiate legit projects from scam projects so to be safer just invest in Bitcoin and some reputable alternative coins.

Those Retiring from their work place just because they own some amount of bitcoin have shown they lack proper understanding of bitcoin and why it was invented. Bitcoin was invented in order to be used as an alternative payment for fiat currency which is not controlled by any central authority in order to give people financial freedom but people often abuse it’s use and take advantage of its price volatility.

Dealing with bull run depends on holders decision, there are people who already have a selling target price in their mind before they starting accumulating Bitcoin, and this target price is what they work with, and if eventually the bull run comes and the target price is not being meet, they might decide not to sell yet and wait for another bull run, but in some cases you will see that why they are waiting for the next bull run, the price of Bitcoin will drop back down first which might equally lead them to regretting their actions.

Why most times some people sell on every new bull run which add little profit to their initial buying price, but later on the market price seems to do double.

Which ever the case maybe, to me the best way to deal with the bull run is if you are not a long time holder, you can be taking every little profit that you can achieve from every new price jump in the market as the bull run don't usually come to start for long.

what we know first When is Crypto Market Bullish Again? well, regarding the OP's question, if you speak that's for sure. If someone has experienced it, of course it's easy to say. But, don't ever experience it. it can be strange later... what is certain is that this period is very much anticipated because your investment, for example in bitcoin, will go up high, but, make a note if you enter now and hold it until the time is right. don't come in now it's only been 4 hours out .

People will feel different emotions when bull run happen because not all will earn profit during that time that's why I said people will have different emotions during that time. I didn't get the chance to earn profit during bull run but I did earn profit in other matters like investments and more. Investment isn't the only one you can do and if you have enough money you can try mining too but you must have money in the future for maintenance of the rig and more.