Topic: Just a curious amateur! what are your expereince in the previous crypto bullrun? - page 2. (Read 211 times)
August 12, 2023, 11:01:50 PM
It's always amazing to see a bull run and I was glad to experience mine in early 2021. I entered the market in March 2020 when the Bitcoin price was still at $3k, I wasn't able to buy a lot I would say but still managed to get some up in that sale. In 2021, it went up to $60k which is almost 20x and some altcoins which I saw at $1 were at $220 which is 220x. It was something extra-ordinary and I haven't seen that anywhere. Let's see what the next bull run brings us with.
August 12, 2023, 10:29:54 PM
I just recently learned about cryptocurrency. I haven't seen a bull run, so I can't speak to how it feels or what to do when it gets to that point. I've heard incredible tales of individuals either retiring in a month or regretting their decision to hold back into the bear market because they believed "it always goes up" and didn't want to lose out on bigger earnings. The lengthy path down resumes once they delay when it is time to take gains. However, it would bring me greater delight if I could hear about your experiences and get knowledge from them about how you were able to deal with the bull run
If you've never been part of a bull market, what you're feeling is panic and a desire to sell your assets for several times the profit. Those who are strong in holding onto their assets during a bull run are those who are determined to be consistent in their investments. i failed at that and sold my Bitcoins before reaching ATH at the last bull pump. I don't regret it because now I can collect more when the market goes down. 
August 12, 2023, 10:12:34 PM
I actually converted a portion of my Bitcoin savings before the bull run took place. I had no choice; I needed the money. When the bull run came, I did nothing. I didn't need money anymore. I was just a witness of how the price rose high and recorded a new ATH. At that time, I was expecting the price to hit $100,000. The bullish sentiment was so strong that $100,000 seemed so near. And then the price went down. The crypto winter came in and then a series of unfortunate events happened one after another. But no big deal. I've learned my lessons. The price always recovers.
August 12, 2023, 09:35:21 PM
Last bull-run help me go through the pandemic, I have use the money for hospitalization of my mother and food during those times, and the lesson for me is during the winter season or bear market try to acquire token that has potential, and keep it, I may have sold some coins early but, others were kept.
August 12, 2023, 08:59:43 PM
Base on my.expeirenxe last bull run there's a lot of investors come up, new projects that could possible make you earn a lot and make a re-investment, people are actively sharing their winnings but of course the market becomes congested each transaction so high for the fees reason why people don't commit everyday a transactions.
We know this coming bull run people now accumulate as possible so I don't become late and grab the opportunity every market price drop.
We know this coming bull run people now accumulate as possible so I don't become late and grab the opportunity every market price drop.
August 12, 2023, 08:53:09 PM
Bull run is very hot in the air and you will feel it by many news, abundant new potential projects with promising game-changing technology and use cases, market volume and market cap will increase a lot by new cash flow pours in the market by new participants.
However, bull run does not bring profit and happiness to everyone as money flows and changes from one person to another.
In bull run, you can lose your money by investing in shitcoins that have rug pulls later or by trading with Leverage and Futures.
In a bull run, focus on Bitcoin as it starts with Bitcoin. If possible, avoid shitcoins especially new coins launched by taking advantage of a new bull run, new trends in technology and use cases.
However, bull run does not bring profit and happiness to everyone as money flows and changes from one person to another.
In bull run, you can lose your money by investing in shitcoins that have rug pulls later or by trading with Leverage and Futures.
In a bull run, focus on Bitcoin as it starts with Bitcoin. If possible, avoid shitcoins especially new coins launched by taking advantage of a new bull run, new trends in technology and use cases.
August 12, 2023, 08:16:51 PM
I just recently learned about cryptocurrency. I haven't seen a bull run, so I can't speak to how it feels or what to do when it gets to that point. I've heard incredible tales of individuals either retiring in a month or regretting their decision to hold back into the bear market because they believed "it always goes up" and didn't want to lose out on bigger earnings. The lengthy path down resumes once they delay when it is time to take gains. However, it would bring me greater delight if I could hear about your experiences and get knowledge from them about how you were able to deal with the bull run
I don’t know what is it about bitcoin and people retiring from their jobs, this is the umpteenth time I’ve read that statement. Bitcoin is not a get rich quick scheme, you would need to have a good amount of bitcoins to be able to live off the profit from a bull run. I have witnessed only one significant bull run since I began my crypto journey, and it was in 2021 when bitcoin hit ATH of $69k. My target was to sell at $100k so I didn’t sell then. It was a exhilarating experience up to the point when the price started dipping. I missed a golden opportunity to do something I’ve always wanted- sell high, buy low. But it was a teachable experience, I took solace in the fact that 1 bitcoin is 1 bitcoin and there was never a loss. August 12, 2023, 07:24:16 PM
I just recently learned about cryptocurrency. I haven't seen a bull run, so I can't speak to how it feels or what to do when it gets to that point. I've heard incredible tales of individuals either retiring in a month or regretting their decision to hold back into the bear market because they believed "it always goes up" and didn't want to lose out on bigger earnings. The lengthy path down resumes once they delay when it is time to take gains. However, it would bring me greater delight if I could hear about your experiences and get knowledge from them about how you were able to deal with the bull run
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