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

That's the universal strategy in my opinion because almost every Bitcoin believer and holder has the plan to sell a bigger portion of their holdings when the bull run arrives so that they can have some profits and since they believe the price might go higher, they will always keep a portion of it to sell later if the price goes higher and even if it doesn't, they will now have liquid assets that they can keep and wait for the cycle to reverse so that they can buy cheaper again.

I believe one doesn't need to make any changes in that strategy, but that is just for Bitcoin and most people will also have altcoins that they have bought and kept for the bull run, for such people, it's best if they sell all their altcoins as soon as they see they are getting a good price because altcoins can always drop significantly after the bull run.

That is why I am saying that if we do have experience, we tend to not panic sell because we do have the knowledge that it is really part of the cycle,though being a believer can still make you have more patience because you don't lose hope on Bitcoin and continue holding, which also makes sense. As long as we are patient enough and are not taken away by our emotions, we could hit our goals and target price.

I understand this post was probably only half-serious, but just wanted to point out that the "holding forever" strategy is pointless and you might as well just send all your bitcoins to the Bitcoin Eater address.
There's nothing wrong in taking profits from holding bitcoins eventually and using them to finance your life goals etc.
I think many people would benefit greatly from figuring out what is that they actually want from life and setting clear (and realistic) goals. Sounds obvious but vast majority of us live without any plan.

Are you sure you are responding to right comment?

That is definitely the way you should approach it and it is a smart way of doing it as well. I know that a lot of people do not consider it that way but they should and that's how it will continue to improve. I think it should be important to know the difference and it should be very important to keep it going as well. I know that people are not doing any mistakes any time soon, but they should reconsider that option.

It's a smart way of doing business and I would say that it will definitely make you profit on the long term as well. It's a tough thing to be able to wait that long, not everyone can do it, but as long as you can do it then you are going to make a profit from it without a doubt for sure, it is just how it is.

Bitcoin is beneficial beyond producing money. Agreed. In places where the currency is depreciating swiftly, it's an unbeatable inflation hedge. However, categorizing purchasers by market tenure may be too easy. In crypto-investing, the "why" may be more significant than the "when".

Buying low and selling high is crucial, but trading is more than that. Beyond what you indicated, the "buy high, sell high" strategy involves risks but benefits. Oh, volatility! A unreliable market partner. However, crypto community behaviors frequently set the rhythm, not only news or economic developments. You should only spend when ready. Eagerness causes a severe hangover when you don't have money.

Well, Here are a couple few I can share.

Some Newbies or even old timers are stupid, for they always consider the Bull Market to be a time for them to be rich. Time without number it has been sang like a song that the Cryptocurrency Industry shouldn't be considered a a place to get rich quick schemes.
Doing so Newbies and quickies ends up getting over expectant. They end up also losing what they have in other to accumulate too much Satoshi's

Greed has led to the down fall of some who are too daft to capitalize on the profits they have. Hoping for too much and not getting that hurts. Just the way we do it when it comes to gambling, daily four odds would add more to your pocket than expecting too much from a million dollar ticket. Get to accumulate the little profits you see.

That Said, In terms of Crypto Currencies to invest, I'd suggest just Bitcoin, Transparent as it defeats everything that has to do with Inflation during fiat currencies financial worries. Both retirements and generational wealth can be stacked and stored in using Bitcoin.
Great Topic Op! As you read, do well to filter from what you read and wait patiently for the Bull. Most Bitcoin Maximalist practices the strategy of HOLDING them Bitcoin for a much longer periods than any.

Edit: Avoid Exchnages and don't keep large number of Bitcoin with Centralized Exchnages... Look back has always been a good guide for the future. We've always seen one of them failing during the Bull market.

Once a holder has trust in the Bitcoin market, he will develop a resistance to panic sell.  Since he is knowledgeable about the Bitcoin market and its cycle, he knows that the Bitcoin price dump will eventually recover just like what happened in the previous 4-year cycles.  So the person will have patience in waiting for the Bitcoin market to recover and will not sell their holdings due to FUD and price dump.  The believer will always wait for their targeted price to be met be then cash out for profit.

I am impressed with the fact that you and I have similar thought. I have entered in various discussions on speculating bitcoin and one strategy that has really worked well for me is DCAing. TBH I have little experience on bull market because I was a late investor. But I have accumulated a lot in this bear market and am curious waiting for the next bull run. Even then, I'll stick with the strategy I've learned so far.

For me, investing through previous bull markets has taught me lessons that have been good for crypto and stock market. I've realized the importance of patience. holding strong while prices are volatile is key. Sure, it's cool to see your money grow fast, but you shouldn't rush into things. Also, it's smart to spread your investments around. Don't put all your eggs in one basket. Stay updated on what's happening in the market, like news and trends, so you can make better choices. Lastly, don't let your feelings control your investments. Sometimes, it's easy to get too excited or scared, but keeping a cool head and thinking long-term is the way to go. These lessons have helped me handle bull markets and be ready for the ups and downs of the stock market and crypto market

Other than to profit, it can also be use as a hedge to inflation so that we can retain the value of our money. There are different types of investors, some are short-term, some are mid-term, and the last one is long-term, so time frame does matter here or can vary depending on what type of investor you are. Buying at lows and selling at highs are the basics of investing but there also some who buys at high and then sell at an even higher price.

Volatility is a standard/common factor of the market but it was the unexpected events like the news and economic issues are the ones where we need adjust the most. That's right, investing is only optional so there is no need to pressure or force ourselves to buy if we don't have a money as it can only lead to trouble.

You nailed it. Bitcoin has always been the most profitable and reliable crypto investment so buying its price either high or low will still create big returns when it's the right time to sell. But if you want to maximize your future profits, then maximize buying as well and hold them with no definite time. This is my focus today, to accumulate as much as I can and do DCA whenever I can. That way, when everyone else is selling and making decent profits, surely I'm also having a great time as well.

That is why while holding a Bitcoin, you will learn how to control your emotions. Experience is really the best teacher because it will teach you. We were also the same with them before because of our emotions, but because of our experience, we kind of don't panic right now. We can't really blame them, but I do suggest feeling their stress because that's where they will learn. They will research and understand more about Bitcoin.

Just to expect that we are certainly experiencing highs and lows due to the volatility of the market. And it is not quite hard to understand but can't say we all can take it. Some people are weak enough to keep themselves from accepting the sudden drop in price and then start to panic. Until we don't understand how the volatility works, we can still see many people have uploaded their coins at the wrong time.
What we are going to do is to change our behavior and go along the market trend, not against otherwise, it was stressful.

This is really the best example, it is kind of like you missed the train because you jumped off early as you panicked because of the dumps. The biggest lesson really is to control yourself so that you won't regret later on because this tends to make you decide to sell, even if it is just a small dump, and when you sell it, you'll regret it because it goes to its peak and again you can't buy anymore as it is too high, and if it goes down, it is still not that affordable on the first day you purchased it.

The bull market is the moment that all investors are waiting for to take advantage of it in different ways, and I personally only use the bull market to take some profits. And not to sell the original ownership, the aim is to enjoy profits or fulfill desires or buy something expensive.
And in my opinion, below 100k is still the best moment to accumulate by doing DCA without reducing the number of purchases in the allotted time. And whatever the price of Bitcoin, I will still buy at the same price, and will probably only increase my purchases when the price of Bitcoin drops significantly. And I believe that the price of Bitcoin in the future will be very high and expensive, so it is very important to take advantage of certain moments to accumulate and take profits before that happens.

In my case it is similar. I will take advantage of the bull market to sell part of my holdings, although in the long term I will continue to accumulate. It is quite likely that the price will go above $100,000. If it goes to $125,000 or thereabouts, whatever we are buying now will have been multiplied by 5.

The bad thing is that you never know exactly when bull and bear markets start and end but if you've been investing for a while you get an idea.

Not only with bitcoin but with all markets and fields, if we want to win and succeed, only knowledge can help us. In my opinion, patience is the key to success when investing in bitcoin but very few people can do that. But to have patience and gain trust in bitcoin, only knowledge can help us do that. I have seen many people without a college degree who were still successful, but I have never seen anyone without education or knowledge succeed. Knowledge is the answer to all questions about success.

You will be able to control your emotion better if you invest with your money, only with your money.

If you borrow money and have pressure from interest payment, collateral liquidation, margin call which are all big risks, you will lose control on your emotion. I am sure many people will feel panic when facing with such risks. Lastly, feel fearful, panic or not, the market will move in its way and your loan collateral can be liquidated by exchanges.

Even you don't want to sell, your coins will be sold by exchange and you can not do anything. The best way to avoid liquidation is using your own money to invest, don't use leverages because you believe you will win and will get rich with your accurate thinking and greedy position.

Not all does have the money and its already been bought out earlier on which we do believe that it was the lowest price that we do have in the market on which there's no such thing about unlimited fund on where someone could be able to put up from  time to time or simply making out those DCA but what matter the most is that you do be able to get inside while the market is still cheap and low.
Just like the rest been saying that it is really that impossible for you not to be able to learn up with those past mistakes that you have done on past cycles. I've been able to experience and witness
2 bull run events or cycles on which i could say that i had missed that two situations for me to make huge money just because i had simply deplete out my capital on investing because of the losses
that i do have in the past due to bad decisions which is something that cant really be avoided on some conditions or situations.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.


But this only applies to Bitcoin and few other prominent alts, rest bite the dust and some never recover to their ATHs.

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.

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!

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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 

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.

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.

I don't have to change my strategy, I'll be calm, I'll hold and will wait for the right time to come.

Basically the purpose of investing is to expect profit, regardless of the timeframe. Of course buying at low prices and selling at high prices is to be expected, but some adjustments to the strategy also need to be made due to market volatility. Including accumulation, of course it's fine as long as you have a budget, but you don't have to force it if you don't have one.

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.

greed is the way why people inside crypto losing  , because they are not contented in everything and with that? losses will come their way.
and also Am sure that old investors already knew what waits for those greedy people.
now that we knew that small profit is best to handle crypto, better to never seek for big things to come in easy way.

The crypto market just tells us that we don't have to overthink and be greedy. With all the experience I have in the past 2 Bull seasons, I'd say that we need to remain hopeful despite the ups and downs of the price. It taught me that with the volatility of the market, we can't be sure that tomorrow is still on the rise, it possibly be a downfall as well. So I could say that we have to take the opportunity of selling when there is a good price not waiting for more because time won't back again if we miss the trend.

I also think this is an important thing to think about and consider. In bullish times, usually people will expect a very high price increase, always hoping that it will exceed the previous ATH. Likewise myself in the bullish era of 2021. What's more, there are many rumors that are too convincing that the price of Bitcoin will reach a certain rate and I immediately believe it. But everything failed in just a few hours, the marke dropped a lot and made me really miss these chances. So in the end I had to still hold the coins until now.

This is where it's important not to be too greedy with our hopes. Doing a strategy during the bullish era is as important as when we do DCA when it's bearish. It would be better if you set several price rates and continue to monitor market movements so that we will no longer miss this opportunity to take profits.

Exactly. And you will definitely miss the chances to be profitable if you refuse to sell when the market is bullish. With that mindset, you are not hodling to gain future profits, but you are missing another opportunity to be in profits. Furthermore, know that bearish market happens after a bullish one. That time, you will no longer have an idea as to when the market will be bullish again so never be greedy enough to save all what you can save,  but know the value of bullish market and learn to sell when its certainly the perfect time to sell and gain massive profits.

If the wheel ain't broken no need to fix it?  If we keep on profiting with the method we have during bull runs, I do not think we need to change our strategy, we might probably enhance it by changing it entirely is just a not smart thing to do.



I intend to cash out in certain points just to reinvest it again in another point to increase my portfolio.  It is always good to take advantage of the price volatility to increase the amount of BTC we are holding.  So when the price target for selling is met, I will definitely sell and wait for my price target to buy when the market become bearish.

I really doesn't understand what you mean by your article concerning changes in bullish market of cryptocurrency  or half time you see yourself over bitcoin increment and decrement because I know quite well that bitcoin investment is good when you buy when bitcoin price is low and sell when the market rise but I could not understand your objectives of making this thread

I’ve realized that hodling your coins at an indefinite time is not enough. You should set a target selling price at some point and take part in selling a portion of your coins when the market is profitable. After all, the only purpose why we are doing this in crypto is to gain decent income, and be more profitable if the market permits so. And after selling and profiting, just buy back again when the market ends up being bearish. That’s the only way so you can accumulate more potential coins again to save up for future profits.

Basically I'm pretty much prepared for the current market volatility for bitcoin to enter a bullrun phase in the future. It doesn't matter how much value has been lost since 2022, I only care about how much I can raise to make a profit commensurate with the bullrun.

We all know that there are a number of things out there that affect the price in both the short and long term. Investing requires time and patience because in reality the market can also put investors under great pressure due to volatility. There's no particular approach I take, but accumulating will really help me build a better portfolio.

The anticipated cause of the next bull run is the 2024 Bitcoin halving,  where the block rewards will be reduced by half of the current block rewards and this is going to increase Bitcoin scarcity and as you know that,  scarcity breeds increased value of the asset,  so the 2024 halving is the major determinant factors that will cause the next bull run.
And In preparation for that, long-term holders will be the most and highest benefactors in this event that is anticipated and the next ATH is going to be almost double the previous ATH.

The previous bull run's of 2017 and 2021 is an eye opener for some of us bitcoin holder that to every any ATH there's a corresponding fall that will follow afterwards,  so I don't plan on keeping my total investment  peradventure the bull run takes centre stage the plan is to take a certain amount of money out of the investment to other projects other than cryptocurrency. The end point was to make and take profit to diversify.

But not all people would really be that willing to wait up for long term period and this is why they would really be going into various things or options on which they could potentially be able to deal with.
We dont even know if we do still have that similar cycle on which people been believing that this would really be just composing of 4 year cycle. Now it seems the price isnt really that still trying to show up some signs of reversal. In speaking about learnings then it would really be that impossible that you wont really be able to learn basing up on what you had missed on the previous bull run whether you would really be that knowing about those potential bull run period and bearish run on which selling out on peak and buying at the bottom would really be your main priority.

1. The top is lower than the target price typically voiced by people. Last time it was $100k, in 2017 people thought that $20k is only the beginning

2. The top is very short-lived, it only lasts for a few hours or a day.

3. The market moves in large steps, be it up or down. It's not going to move gradually, so you need to be ready to react fast.

4. Every sudden price can be the final act of the bull run after which will come the big crash and bear market. But it's impossible to tell a correction from a crash until weeks or months after. In the last market the price crashed from $60k to $30k, which seemed like the end of the bull run, but then it rose back to above $60k, but it didn't last long and the final crash came.

Hodling and waiting is the best strategy which has proven itself successful over years. As to the cycle, I'd like to pay everyone's attention that the cycles seem to be becoming somewhat shorter and next cycle's top may arrive faster than we are expecting it to arrive. Last ATH came in November (not December as usual) and this sideways year is also going faster than 2019 schedule.

Judging the two bull runs I've been in, I say that I should start taking risky plays.

I've gathered a lot of profits over the two bull runs I've been in. It was awesome, but judging how high it has gotten, I say I should've stuck for longer and waited it all out. No hurt in stalling for time and waiting for a higher price point especially when it's bull run anyways, so might as well. I get why some people may scoff at this, cause after all, profit is profit. But as someone who could afford to tank losses, I say I think for people like me who have played it safe for the longest time it's best if we could actually play a little more risky to maximize our profit potential. And yeah of course, make sure that you secure your wallet. Scams and hacks will be at an all-time-high during bull runs, if you settle for complacency you won't have any funds left before the bull run ends.

People tend to regret not buying once the market price is again at peak. Well, it is a normal response simply because you already saw how high it would become. To change this is to have courage to invest early. Problem only is that investors are only looking on the potential profit and not the part that they would be embracing the risk. With that, they should be ready to endure imarket downfalls no matter what and as we all know, this is the reason why we should invest an amount we can afford 'losing'; an amount we would be okay resting for months or years until satisfaction with profit. Also with DCAs and other market analysis wherein we tend to wait for that 'lowest' which is impossible to determine. Much better to pick a market price entry that would give you enough margin to stretch for market price changes.

Learning the truth is that by seeing my own mistakes in my investment journey, it took me a lot of time, money, spirit, and even health... to search and fomo according to things exaggerated when the market is bullish. And when I understand that, then I want to look back that I started wrong, not depending on anyone, all information is self-validating and assessing the level of opportunity or risk, in my head. Nothing is perfect until we have tasted failure. And if you have the intention to go with it for a long time, I think it's still the basics, going back to accumulating and updating knowledge, as well as preparing clearly the direction for the investment as well as the expectations.

Its excellent that you brought up the previous bear market and the importance of learning from the past. It is a tragic reality that a great deal of people become lost in the turbulent world of cryptocurrency, dont they? When they should be planning, they are panicking, and when they should be holding, they are selling.

Your discussion of having a steel backbone during the low points is exactly what history has repeatedly demonstrated is required in this volatile cryptocurrency market. Hold on to 2021. Yes, many of the so-called "investors" gave up, sold their Bitcoin, and then had a fit when the market recovered! Tradition!

Keep your ground and dont waver from your beliefs. You make decisions based on logic, strategy, and historical lessons; the majority make decisions based on sentiment. And I agree with you; Bitcoin is king in the long run

History doesn’t always repeat but it often rhymes. There are many charts that suggest this, so far bitcoin always has a boom, bust period which centres around the block reward halving. Do your own research but selling around 12-18 months after the halving & buying back after that, on the way down over the following 12-18 months has always been a hit.

The biggest lesson I learnt is buying at the top when everything is maxed out and ready for a retracement, I lose some money but not the type I can't handle, another big lesson I learnt in last bear market is to be strong when others are feeling down, you heard me right, from now till the next six months, many investors will lose hope, Bitcoin will go down and altcoins will lose a lot of value, and this will be the best time to keep on buying.

I remember that many people got tired of accumulating bitcoin, because it feels like the Bear market isn't going to end any time soon, they lose hope and some sold their Bitcoin and moved out, such people ended up rushing back into the market in 2021.

This same race will happen in 2024-2025 and I don't want to be left out again, it takes a smart person to learn from their old mistakes, I don't get moved by the market sentimental anymore, because I don't care, on the long run, Bitcoin remains the winner.

I will still stick to my old strategy, that is to buy low and sell high. Now that bull run is fast approaching, I think this is the best time to prepare my portfolio and do maximum buying while prices are still affordable. Because once the market becomes bullish already, then I don’t have the chances to buy anymore.

This time also, I will assure myself to sell some of my coins to gain some profits as well. Bull run is not about hodling your coins longer, but it’s the best time to sell so most likely I will take part in selling. And continue to hold some of my coins for future profits. That way, I won’t miss the chance to be in profits just like everyone else.

as long as this market is attracting investors and users, there's always a chance to have a bull run. it may even surpass the recorded ATH. but it would be a matter of time to happen such scenario. as a believer, just continue to hold and accumulate more. the reward will come later on.
but it is understandable if some will sell as we have different necessities in this market. as much as possible, don't sell it at a loss. but a small profit is preferred over none.

I'm mainly a holder, so I don't do any trading, but if there will be a new bull run (let's hope yes!) and bitcoin will reach a certain value then I would probably sell something. If then it keeps going up then I would probably sell something more because if there is something that I've learnt from the previous bull runs is that sooner or later bitcoin dumps quite a lot so there always are good occasions to buy again.

Well, from the past bull run, if there is one experience I have seen a few bitcoiners share, it is selling all their coin when the bull market just kicked in. Some times, if the bull market starts and maybe Bitcoin gets to $80k, some investors will rush and sell all their assets, but after selling, the market keeps pushing forward, and they begin to regret why they sold so quickly. I think I have derived a selling strategy from such experience, which is that I will not sell all my assets at once when the price is becoming bullish; perhaps when I sell too, I will have to sell them bit by bit, so that if I sell at $80k and the price still keeps going high, I can still have more fractions of Bitcoin to sell at $100k, $110k or even far above. JMO.

Or simply does have that common cycle on which there's a bull cycle and bear cycle on which it is really just that right that you should really know on how to take advantage on the time that you are dealing with prices and able to make out whether buy or selling decisions. Yes, past market cycles did really give out that kind of learning which we would really be able to apply it onto the next one which it is really that a common approach. For those people who had been here on this market for a while would definitely be having the idea on how market behaves and how news and fundamentals do take a role in speaking about market movements.

Not all would really be still able to make themselves wary specially to those who are just recently be able to dive into this market. This is why it would really vary on certain individual since not all would really be that
able to learn up with those basic principles. Sounds pretty basic but this is something that you would really be missing out if you arent that mindful or doesnt know on how to adapt on things.
This is why you should act out fast basing up on what you are facing into.

The lesson I learned from the previous bull run is that all the things that happened in the crypto market are only temporary, the bear market does not last forever and so as the bull market.  They move in a cycle so better learn how that cycle starts and ends.  Aside from that, there is no best strategy but hold.  We all know that Bitcoin due to its finite supply and huge potential of global adoption, the price will just keep up-trending with several hiccups(temporary downtrends) along the way.  Until Bitcoin reaches it pinnacle ( peak price) it is best to accumulate during the bear market, sell during the bull market then rinse and repeat.

The bull market will teach us about the loss of chances to sell the holding with good profits.Many traders with less skills will sell their holdings at the beginning of the bull run.But they fail to understand the market and basic of the trading.The bull run will survive for certain period of time,when the market auto adjusted to all time high.Thenthe trader should not delay for the further increase of price,he should satisfy with the market and get profits by selling at that price.When the bear market starts,you feel like loss of the opportunity.

Having seen at least 1 bull market and actively participate in it, my plan now is to position myself such that I would be able to adopt with the new trends that the future bull run will bring that includes accumulating Bitcoin whenever the market takes a serious heat and some other high cap altcoins here and there. People who positioned themselves well in previous bull runs ended up being the winners. Finally, I am putting together a strategy on how to get out and not leave money on the table because unrealized profits are simply not ours.

There isn't a flawless strategy in the realm of cryptocurrency, as plans need to adapt over time. To capitalize on a bull run, patience is key. Alternatively, leveraging volatility to grow one's portfolio can be advantageous. Personally, I frequently employ this tactic by accumulating during major dips and profiting from the market's fluctuations. While I do keep some coins for potential bull runs, I'm not consistently bound by that strategy. Whenever I identify reasonable profits, I aim to capitalize on them.

Well, I for one don't do much trading, but it would be unfair to only think of the bull run as a time to only make profits.
I have experienced flash bull runs that have been happening since I started my crypto journey. Although it didn't last long, the one lesson I have learned from those who rushed in to take advantage is to always be patient.

The next bull run am really looking forward to is after the halving in 2024. I would love to see how the impart is felt by partaking in activity and listening to testimonials of those who make profit from it massively.

For now, any bull run is not going to affect my DCAing until the time I set aside for liquidation.

There should always be a selling point and this was also my mistake on that particular bull run period specially on that 2016-2017 on which this is the time i do make myself get involved with crypto.
On the time like this then im not really that totally experienced on how market works or behaves on which on the time that everything is increasing then i do believe that it wont go down. Same as yours, i did make up some purchase believing that the price might shoot up even more until the reality slaps you on your face and telling that it wasnt really that possible for this thing to happen. We know on how reality works and this cant be called a market in the first place if it was really just that moving on a single path or movement. There's always a correction in a market and this is why its always been ideal that you should be having that target point on selling out so that on the time that the market depletes then you wont really be having those regrets and keeping telling to yourself that you should have sell earlier but its already too late. Tons of people had already learnt up that lesson on which that previous cycle or bull run happened.

The most important thing I have learnt thus far is to stay calm, when everyone is excited and selling their bitcoins, it is best to remove yourself from the crowd and pay attention to the chart movement. Don’t sell too early, and don’t fall victim of FOMO. I think FOMO is the biggest enemy of a bitcoin investor, it’s a hard one to beat because it feeds on our emotions and affects our ability to make the right choices. Keeping calm and trusting your gut is the best improvement I have made in my crypto journey.

Whatever coins you want to buy you need to buy them now. That includes the high market cap coins plus the shit coins. The biggest mistake people make is they buy during the bull market and most of them buy at the top of the bull season and are stuck with their investments.

The important thing to consider is to sell your coins in parts in the bull season and not buy any coins. Since we do not know the bull market's top, we need to slowly cash out during the bull season. People often do the opposite; they sell in the bear season and buy in the bull season.

Expectantly there's another bull just ne the corner and it's thoughtful to have prior plan on how and what to do.

After the bull run take place and profit made it won't sound like a wrong idea to cash out the profit and use it to invest into other real life business. The essence of the waiting and HODLing was to gain and take profit anyway. Or

Convert your total bitcoin to a stable currency like usdt and wait for when the bull run elapses and bear market takes over to an appreciable price comfortable to you then buy and hold again for another four year bull run. (I think this will work fine for long term investors if they could have the enduring discipline to hold the usdt conversion till when the market go bearish as expected.). Lol.

I just have to stick to my strategy in as much as it's still working out so well for me, why the change of strategy when that which you have is giving you the expected results. If what you doing is working then it's expedient the right decision is to keep a cool head.

 

Yeah not going to sell too fast longer keep it better for bitcoin, I'm not thinking of that plan because this year is still in the bearish phase if it's sold then of course it's still a loss.
The plan that is still being carried out is DCA which is still being done this is an accumulation to accumulate as much bitcoin as possible at an average price for me this is the best way to do it than other ways 'maybe other people are different' but I still DCA strategy is much better to maintain.

To deal with risk, don't sell too quickly, if you continue to hold it, it will be less risky.
Not taking research too seriously or looking at charts will make us more uneasy just like you said be calm in any situation.

Another question is how do you not sell in the current cycle? Will you be able to sell in the next cycle, say 2028 or 2029? Much stronger isn't it.

This is a good topic to bring up before the expected bull run so people can really have thought about it, and plan for what to do when that time comes before it comes because having no plan/not planning for that time means you will make a lot of regrettable decisions then that you will get to regret later. Not planning on time/planning late (at rush hour) is also bad because there will not be the time to second think your choices which puts you at a position to make wrong choices.

Have a plan on when to sell, how much of your bitcoins to sell? all or some part?

One lesson to learn is to sell all you have when the price reaches its peak because you don't wanna hold BTC and tokens where prices are going down for more than a year. It happens every after the bull market. I have to remind myself all the time that bears are going to keep selling until those who invest in the bull market dries up. Those who didn't sell during the last bull market and hold still to this very day I think understood how much was lost.

This. I fully agree with this, I had quite a bit of crypto back when the price shot past 60k and yet I held on to all of it, being greedy and thinking it would just be an uphill, slow and steady climb where I can set the coins aside and check back again in years. Before I knew it the price crashed and I sold a few, invested in a few sites and apps that would turn out to be bad decisions due to unforeseen fees, and I'm sure I have even forgot where some of them when to. Got into ETH too and I still have some which were used for staking back then, but now the gas fees are ridiculous at around $100USD for even a single transaction.

If you've made some reasonable profit, why not sell some of it and reap the rewards?

If there's something to learn — it's to simply dollar-cost average on bitcoin or whichever assets you're long-term bullish in, and stop acting based on your emotions. That's pretty much it summarized; and if you manage to do this alone, you're already better off than a huge majority of people.

Crypto, or BTC, is all about analysis if one wants to make money out of it, and that analysis is based on past data. This means everyone learned and must learn from the past data, and they should not miss or ignore any point if they really want to make profits. Let me explain this with an example. I did not take any entries in the previous bull run, even though I knew or at least had some idea what halving and bull runs were. But still, I was afraid to take entry because I wanted to test whether this strategy worked or not.

But then BTC went from $40k to $69k, and I was blown away. Then I made up my mind that in the next bull run, which probably comes after the halving of BTC, I will not miss the change to take entry, and I am happy that I have some positions. I am now waiting for the next bull run and wanted to see the results that I saw people make in the previous bull run.

It's an obvious thing that this time the returns might be a little higher, as the scarcity of BTC explains that well. So, I hope you might have gotten my point here.

It has served a reference to us to have a direction on the way the market is likely to be going considering it passed experience on same occassion, we've also learned that bitcoin is always profitable if we invested and hodl, we learn and see consistency in bitcoin, it's market and the network entirely, we also behold an incredible increase in it value each time we had a bullrun that set a new all time high for bitcoin.


As you've said already to do your own research, investing in bitcoin buying the dip, holding and smiling after the halving has taken place and a new all time high is set.

The fork and the spam attacks from Bcash team caused very expensive fee on Bitcoin network. We can see it with the transaction fee chart from Bitinfocharts.com. The average transaction fee was about $40 to $50 in late 2017, it's crazy.

I understand why you did not want to spend expensive transaction fee which is some of reasons why you missed a chance to sell Bitcoin around $18k to $19k in 2017.

You luckily to did it in 2017 as top altcoins in that bull and bear cycle are safer than top altcoins in 2021 to 2022 bear market. Last year, in 2022, we witnessed two terrible crashes of top altcoins, Terra and FTT token from FTX exchange. Those crashes are unbelievable in 2017 or 2018 but in 2022, they actually happened and two top altcoins, one tier-1 exchange crashed within a few days.

Two lessons i learned from the last bull market that i think are worth sharing.

1. Don't sell too early
2. Selling some and buying more at a lower price is not a bad idea.

If you are not a bitcoin maximalist then most of you hold some other altcoin as well. In the last bull run, One of my friends sold some of his altcoins with 2X to 3X profits when they rode all over to more than 20X. He lost a lot of money and he regrets it. On the other hand that same person keep holding his Bitcoin even that touches 65K market by expecting it to cross 100k. He regrets that as well by thinking if he would have sold some of his bitcoin he could have bought 3 times more bitcoin with that same money.

So i think most of us want our portfolio to grow so if i get a chance to increase the number of bitcoin i have i will take it.

I am looking forward.  Besides profit, I want so bad to see my friends' reaction when I would be the only one who hodled his coins for so long.  Everyone was saying that bitcoin will not repeat the cycle and it is dead. 

One more thing: I am curious to know what will be the cause of the next bull run.  I cannot predict, but I doubt it will be something we have seen before.  So focus and hodl.

To me, the most valuable time of lessons was at the end of 2017 and the crash of 2018. I didn't sell anything at $18-19k back then because the fees were high and I was kinda greedy, assuming the price wouldn't go down while the fees would decrease. 2017 was also a time of mistakenly buying altcoins at their ATH point, believing that they'll go up even further. I didn't waste a lot of money on that, and I only bought coins that were in the top-50 by market capitalization, but still, a major mistake. And then the price went down at the start of 2018, to which I remember thinking that it'll go back up in a few weeks...
There were a lot of wrong assumptions there, so I've learned a lot of lessons:
- if the price is good for the time being, sell some when you feel like it;
- keep calm when the price is down for a couple of years, that's normal;
- Bitcoin matters, altcoins are safer left ignored like they don't exist.

The plan is simply to buy as much as possible because I feel still we are a year for the real bull to kick in if the market acts as predicted so you can buy more bitcoins just like me and when you hear buy bitcoins from everyone that is the actual time to dump your profits and wait for the next opportunity.

Another approach is you can pick the trending shitcoins which can make you millions with thousand dollars as investment but finding the one is like sniping blindfolded after 50 spins.

My strategy is clear bulls-eye so you can choose which one you want.

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