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Topic: Lessons Taken from Previous Bull Markets: How Will Your Approach Change? - page 2. (Read 653 times)

legendary
Activity: 3010
Merit: 1280
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What I can say about this is stop panicking whenever the price of bitcoins decreases so much in the time before bull runs because that's the traditional way before the bull runs start and you won't get any chance to buy again because, after that, the price will continue to rise until it reaches a new ATH. Whatever happens, just focus on your goal to achieve and ripe as much income as this upcoming bull run just be patient and persevere on everything.

I agree, put trust in your Bitcoin investment.  Trust the Bitcoin market and don't get fooled by the manipulators.  To do that, the thing these previous markets teach me is to have a deep knowledge of the Bitcoin market.  If we have that deep knowledge, we will never be shaken when the price crashes since Bitcoin is proven to recover over time.  The history shows it and how it price fluctuates and eventually records another all-time high cycle by cycle.
hero member
Activity: 2814
Merit: 576
What I can say about this is stop panicking whenever the price of bitcoins decreases so much in the time before bull runs because that's the traditional way before the bull runs start and you won't get any chance to buy again because, after that, the price will continue to rise until it reaches a new ATH. Whatever happens, just focus on your goal to achieve and ripe as much income as this upcoming bull run just be patient and persevere on everything.
It’s normal to see a bearish market and having price decline before bull run starts. That will give us opportunities to buy and hold potential projects so we can be in profits whenever we decide to sell during a bullish market. However, hodling is never easy as well. If you easily panic and decide to sell your coins before they fall into deep prices, note that you will never reach your goal of success. That is why stay away from panicking and always hold your coins no matter what. The market is highly volatile so its obvious that there will be bearish and bullish events in the market. If you see the prices are dropping, then stay chill and calm, that will eventually change once positive factors start to hit and affect the market. Be patient and never lost focus from your goal.
legendary
Activity: 1064
Merit: 1228
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If there is an opportunity that I have missed during this time - it is when I have no budget to accumulate. The market has given everyone the opportunity to accumulate - but I realize that not everyone is able to do so.

My approach is still the same - meaning nothing has changed except my interest in accumulation which needs to be adjusted to the budget quantity. It's true that anyone wants to accumulate as much as they can because they believe in the future potential - but the current economic difficulties require one to tread carefully.
legendary
Activity: 3122
Merit: 1140
The crypto world has seen some really exciting bull markets, and right now, it looks like we might be gearing up for another one. Whether you've been trading for a while or you're new to the crypto scene, it's important to take a moment and think about the lessons we've learned from past bull runs.

Looking Back: The past bull runs have been full of excitement and sometimes nerve-wracking moments. There's a bunch of stuff we can learn from those times. Remember the big runs in 2017 and 2021? And even the recent ups and downs? What did you take away from all of that? Maybe you realized how important it is to set clear goals for how much profit you want. Or maybe you saw that it's a good idea to spread out your investments and not jump into things just because others are. Let's talk about what we've figured out so that others can learn from us too.

Getting Ready for the Next Bull Run: If there's another big run coming up (we hope so!), it's a smart time to think about what you'll do differently. Are you planning to keep your investments for longer and not sell too soon? Or maybe you're thinking about taking some money out at certain points? Do you have a new way to handle risks in mind? Whether you're into looking at charts, doing research, or just keeping a cool head, lots of us would love to hear your thoughts.

Remember, the crypto world can be super unpredictable, and no plan is perfect. But by learning from our past and changing our strategies, we can handle the ups and downs better.

What do you think about the lessons we've learned from past bull runs? What's your plan for the next one? I'm excited to learn from all of you while I figure out my own strategy too.

DYOR


IMHO the best strategy in BTC investment is long-term hodl, so, with this approach, it doesn't mater whether the market is bullish or bearish. The only trouble with market is the attitude towards purchases made with the money acquired by crypto exchange. So, during bear market its not a good idea to buy expensive goods, while bull market is okay for doing so.
But we know that not all people would really be having that kind of patience which they would really be able to wait up for long years and this is why they cant really just afford on sitting for years before they would really be able to see their profits and come on mind that it would also vary or depend on how much you had been holding which is intended for long term if it was that big or small so that you could really be able to consider
if that holding would really be worth for you to earn that profit which would really make you that satisfied but if its just small then i could say that there's no point on holding it for too long but we know that not all
would be having that financial capability when it comes to this and this is why they decided on making up some short/active trades instead.

Learnings from the past bull run markets would be always pertain about not to miss out opportunity while the prices are cheap or something in a condition on which the market is on great fear on which
lots or tons of people had been seeing this to be the sweetest spot for them to accumulate more because not all the time these kind of opportunities do come and
this is why it would really be that ideal that you should know on when to get in and when to get out.
legendary
Activity: 2478
Merit: 1360
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The only things I've learned from the previous cycles is that bitcoin is the king and all the rest are shitcoins that come and go and that there's no bad moment to buy bitcoin, as it eventually surpasses all earlier highs in a perpetual uptrend. There's really no special plan or anything, but being stubborn and patient when it comes to my bitcoin.

My strategy is to buy as much as I can of this great thing and hold it for as long as I can because...
It's going up up forever Laura.
hero member
Activity: 2268
Merit: 588
You own the pen
What I can say about this is stop panicking whenever the price of bitcoins decreases so much in the time before bull runs because that's the traditional way before the bull runs start and you won't get any chance to buy again because, after that, the price will continue to rise until it reaches a new ATH. Whatever happens, just focus on your goal to achieve and ripe as much income as this upcoming bull run just be patient and persevere on everything.
sr. member
Activity: 602
Merit: 387
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I don’t think I need to change my approach when it comes to bullish market. I have gained decent amount on the previous bull runs, so there’s no missed opportunities I guess. However, if there’s one thing if ever, that is to maximize my bitcoin accumulation when the market is still bearish so that I can also reap maximum profits from selling my bitcoins.
If you have very long term vision and plans for your investment in Bitcoin, you can continue your accumulation, DCA in bear market because you don't plan to sell your bitcoin in current bull run. However, if you want to sell it in a bull run, it's not good idea to continue accumulation it.

I know we all can not know when market will make its top but checking past bull runs, it's unsafe to continue your accumulation after a past all time high is broken out like 6 months. Around 6 months after a break out, you can stop your accumulation and consider selling. It can not be a top price but is a top price range that is good to take profit.

Quote
But I don’t intend to sell all of my bitcoin, probably sell a major portion of it and then leave some of them for future profits. I know bitcoin price increases more in every bull run, so after selling, I’ll just wait for another bearish market and buy back a lot of cheap bitcoin.
That's good plan but in a bear market, it's not good to start accumulating too early. I think we can wait one year at least to consider buying bitcoin in a bear market and wait for a new bull market.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
I don’t think I need to change my approach when it comes to bullish market. I have gained decent amount on the previous bull runs, so there’s no missed opportunities I guess. However, if there’s one thing if ever, that is to maximize my bitcoin accumulation when the market is still bearish so that I can also reap maximum profits from selling my bitcoins. But I don’t intend to sell all of my bitcoin, probably sell a major portion of it and then leave some of them for future profits. I know bitcoin price increases more in every bull run, so after selling, I’ll just wait for another bearish market and buy back a lot of cheap bitcoin.
sr. member
Activity: 672
Merit: 416
stead.builders
From previous bullrun market, there are many things to learn about these occurence bitcoin bitcoin market is ever unpredictable each time and we have the certainty that the market will always push forward for an investment opportunity as we have always have with the previous years, there's nothing changed than to be well positioned in expectation for bitcoin bullrun to soon take place while holding our asset.
legendary
Activity: 2814
Merit: 1192
It's going to be my third bull market and I'm not planning to do anything different.

I've accumulated a decent amount of bitcoin and I'm not going to give it away until I find something to do with it, meaning some other investment, a business, something that I want to buy.
The difference between bull and bear markets in my case is how I handle my spending. In bear market I accumulate and hold. I spend fiat money and don't touch my bitcoins unless I really have to.
In bull market I look for things to buy. If there was something coming, like a house repair, or appliances that need to be changed, I'll do it then. If I need a new car, I'll buy it in the bull market. That's basically it.
hero member
Activity: 1876
Merit: 721
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During a bull market, positive news circulates around the market to give investors more confidence to invest. Then everyone starts making big profits in the market, so many investors keep investing. But all investors should have their own strategy to exit the market with profit.

It is very important to remain calm during bull market, because during this time the market is extremely volatile, many people cannot control their emotions which makes them sell quickly and FOMO buy again at the top price to correct their mistakes, but it comes as a nightmare for them when the market started to crash. The lesson I learned from the last bull market is don't be overconfident, because overconfidence will make you make wrong decisions like FOMO buys, which will lose all your profits back to the market.
hero member
Activity: 1680
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The crypto world has seen some really exciting bull markets, and right now, it looks like we might be gearing up for another one. Whether you've been trading for a while or you're new to the crypto scene, it's important to take a moment and think about the lessons we've learned from past bull runs.

Looking Back: The past bull runs have been full of excitement and sometimes nerve-wracking moments. There's a bunch of stuff we can learn from those times. Remember the big runs in 2017 and 2021? And even the recent ups and downs? What did you take away from all of that? Maybe you realized how important it is to set clear goals for how much profit you want. Or maybe you saw that it's a good idea to spread out your investments and not jump into things just because others are. Let's talk about what we've figured out so that others can learn from us too.

Getting Ready for the Next Bull Run: If there's another big run coming up (we hope so!), it's a smart time to think about what you'll do differently. Are you planning to keep your investments for longer and not sell too soon? Or maybe you're thinking about taking some money out at certain points? Do you have a new way to handle risks in mind? Whether you're into looking at charts, doing research, or just keeping a cool head, lots of us would love to hear your thoughts.

Remember, the crypto world can be super unpredictable, and no plan is perfect. But by learning from our past and changing our strategies, we can handle the ups and downs better.

What do you think about the lessons we've learned from past bull runs? What's your plan for the next one? I'm excited to learn from all of you while I figure out my own strategy too.

DYOR







IMHO the best strategy in BTC investment is long-term hodl, so, with this approach, it doesn't mater whether the market is bullish or bearish. The only trouble with market is the attitude towards purchases made with the money acquired by crypto exchange. So, during bear market its not a good idea to buy expensive goods, while bull market is okay for doing so.
hero member
Activity: 2366
Merit: 838
It's important to keep in mind that past results don't guarantee future results. Even while we have some optimism that the market is improving, it's still a gamble. Your choice to progressively sell Bitcoin during a bull market shows that you have acquired the skill of controlling greed, an emotion that has frequently fooled even experienced investors.
Who don't want to sell in a bull market and get profit if they know after a top of bull run, there will be a bear market with lower price. Challenge is they can not time the market, when top is reached and what price is a top of bull run. So they miss opportunities to take profit around the top and fall in a bear market.

If they invest with borrow money, they will have to sell in bear market or will be liquidated. If they can hold their coins till a next bull run, it is good but unfortunately most of them will exit in a bear market.
hero member
Activity: 1316
Merit: 561
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in 2021 the price of bitcoin rose high and formed a new ath, and at that time many people were making huge profits from investing in btc.

and of course we have to take lessons from this incident and now
we are in a market that I think is recovering after being in a bear market for so long, and of course we also have to be prepared for what is going to happen with btc in the future whether to repeat its price history. rise to $69k as it happens in 2021 or not.

and to be honest I personally have prepared as much btc as I can to sell in the next bull market. and in terms of investing in btc I don't want to be greedy, when there is a profit during a bull market, I will sell it little by little and gradually. because we won't know whether btc will form a new ath exceeding the btc price in 2021 when the market is a bull run or not.
It's important to keep in mind that past results don't guarantee future results. Even while we have some optimism that the market is improving, it's still a gamble. Your choice to progressively sell Bitcoin during a bull market shows that you have acquired the skill of controlling greed, an emotion that has frequently fooled even experienced investors.

And why not just get ready to sell? Have you given any thought to using your Bitcoin for real-world purposes, such as loan collateral or taking part in Defi? Alternatives exist to cashing out. Because of this, Bitcoin functions as both a currency and a financial ecosystem.
legendary
Activity: 1708
Merit: 1280
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During a bull run market, all people are happy because they gain profits on their investments and win their trade also there are a lot of projects that show up promise to give a return and make a good project run for holding and buying their Tokens and of course not all of them is true some projects makes a rug and people losses their assets due on this projects most likely happens on the NFT world which is trend that time and one of my biggest mistakes and lesson too is trusting too much in bull run and makes a huge profit with this projects. Not all people will help you they just benefit on the thing they want.
hero member
Activity: 2520
Merit: 952
No matter what I write today, I'll likely forget it when I see those huge gains so having hold over emotions is probably the first thing one has to learn.

- keep calm when the price is down for a couple of years, that's normal

But this only applies to Bitcoin and few other prominent alts, rest bite the dust and some never recover to their ATHs.
sr. member
Activity: 616
Merit: 306
Rollbit.com
in 2021 the price of bitcoin rose high and formed a new ath, and at that time many people were making huge profits from investing in btc.

and of course we have to take lessons from this incident and now
we are in a market that I think is recovering after being in a bear market for so long, and of course we also have to be prepared for what is going to happen with btc in the future whether to repeat its price history. rise to $69k as it happens in 2021 or not.

and to be honest I personally have prepared as much btc as I can to sell in the next bull market. and in terms of investing in btc I don't want to be greedy, when there is a profit during a bull market, I will sell it little by little and gradually. because we won't know whether btc will form a new ath exceeding the btc price in 2021 when the market is a bull run or not.
hero member
Activity: 1834
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Not everyone will agree to this, but ever since we had that big crash and markets went down & failed to recover back to $70K or post a new all time high..tbh am nolonger a strong believer of "hodling " as this ties up your investment without taking out any profits as you try compounding to maximize your portfolio growth...with this tough lesson am now more of a take out any small profits out as they add up with time!

Best strategy for the bull run, is to accumulate your bitcoin using DCA method and also take advantage if the price of bitcoin when it dips to buy a good amount.
This is a good approach, but if you are fond of looking at charts on a daily basis you could actually have cold feet and not stick to the strategy  Roll Eyes
hero member
Activity: 2604
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Best strategy for the bull run, is to accumulate your bitcoin using DCA method and also take advantage if the price of bitcoin when it dips to buy a good amount. Just like the price presently,if one can buy a reason amount of bitcoin during this period and hodli till the next bull run. Knowing the time to sell at the bull run is easy so that you don't go and wait till the bull run is over because you want high profit. Have a price target that when bitcoin reaches that price you can sell the some portion and hodli the rest. If you also think that you are smart,you can sell off all your coins and keep the profit. Use the capital to buy again in the bearish market. Hodli is the only way to make profit at the bull run.
That is great advice to start collecting Bitcoins in these times. We don't know when Bitcoin will increase and we can only try to collect more Bitcoin so that when the bull run comes, we are ready and can sell it at the highest price we want.

At this time, people are trying to accumulate more Bitcoins using DCA which means we buy Bitcoins regularly. And whatever the price, we keep buying until our target has been reached, so we're just waiting for the bull run.

And when the bull run does come and the price has exceeded the last ATH, it's just a matter of waiting for the Bitcoin price to touch your target price so you can sell at that price. But if you still want to hold the Bitcoin for a few more years, that's also okay because we have a strategy for when to sell the Bitcoin.
hero member
Activity: 2884
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Remember, the crypto world can be super unpredictable, and no plan is perfect.
No, it can be super unpredictable because it is actually unpredictable. No matter how sure you are with what you think about the market sentiments and the news that are coming, you can't beat it because it's been unpredictable ever since.

As for the plans that we set, yes no plan is perfect but we can go through things smoothly if we're able to plan it well like how and when we're going to accumulate and how to react when the market dips.

But by learning from our past and changing our strategies, we can handle the ups and downs better.
I don't have to change my strategy, I'll be calm, I'll hold and will wait for the right time to come.
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