So there's every need to buy now and prepare for the bull run if you are that profits conscious or concerned much about making profit but for long time hold it's better buy and hold to experience at least two times halving if only you can endure holding for long periods.
Happy to read this from you mate!
I have had my doubts but I think you can clarify me here about my opinions and/or assumptions compared with yours. In your post, you advised that if anyone can hold very tight and experience 2 consecutive bull run, that they will be on good profits. My question is that considering the current price of BTC being high as compared to like 5yrs ago, will that your ideology still work?
Take for instance someone bought before 2021 bull run at about 20k and the bull run took us to about 69k, assuming the person took profit at 60 range and wait to re-enter the market this year at 15k, don't you think the person will be on profit more than the person that bought 20k, allowed it to fall back to 15k because they wanted 2 times bull run.
What you must know is that we always experienced new ATH after halving, so if Bitcoin hit an ATH of 67k per say doesn't mean we won't see another ATH as I believe that any year we experienced halving we also witnessed a new price range. That was why I said if you are that profits conscious you may sell whenever you think your profit range is much comfortable with you than holding for more two halving, I am not against anyone who decides to sell or hold the thing is that how can you be able to manage your decision because I have encountered someone who said of holding for few years immediately he successfully gaining about 15x of his investment he sold thinking he did that at right time.
Before he knew we gained another ATH of 69k plus which he was left in between regret. So the decision is yours and most especially we don't know what the future may holds and all talks about bitcoin can be totally subjected to speculation, we don't give accurate information rather a guessing words which means it may likely happened or not.
Every halving event has shown its impact on Bitcoin's price, pushing it to new ATHs. People make the mistake of thinking they've maximized their gains, but the market, especially Bitcoin, doesnt operate on predictable patterns or historical events alone. Now, I get it, taking 15x on an investment seems like the golden ticket, but in the crypto realm, it can be the prelude to regret, as you mentioned.
The reality is, no one truly knows where Bitcoin or any cryptocurrency is headed. Anyone telling you otherwise is playing the guessing game. This isnt stock trading; its a wild west out here. Speculation, rumor, and sheer market momentum often drive decisions. Its crucial to be informed, stay grounded, and accept that every choice, whether to sell or hold, carries its own set of consequences