Topic: Start preparing for the next bear run. - page 3. (Read 694 times)

I think it's people that don't understand Bitcoin that buy only during the bull run. It's so obvious to see that the best time to buy a thing is when the price is low, so you can sell it off at a profit when the price appreciates. They don't believe in Bitcoin, they just want the profit and this makes them lose more profit.

I remember telling someone who was complaining about how altcoins have made her lose so much money to just stick with Bitcoin and she said Bitcoin won't give her much profit in the short term.
That can be true, but from November last year to today, Bitcoin has gone up about 44%. Now imagine having your investment go up 44% in about 4 months.
Whenever we see the price of Bitcoin dip, we should see it as an opportunity to accumulate more Bitcoin at a lower price, because what is certain is that the price will always go back up.

Maybe there's a misconception with some people because maybe they believe during the bull run for them is the best time to buy, forgetting that they are buying it at a high price, the bear run is absolutely the best time if you want to make profit, because it's more affordable at that time.
The bull run come with its own mesmerizing feeling, so a lot of people try to catch in during the bull run, maybe because they do not have experience on how the market works or it can actually be because of FOMO as you've rightly put OP. however they will make profit but not as much as it would have been if they had bought it during the bear run.

I have made similar advice in my previous responses as best time to accumulate Bitcoin is during the bear market and whales would have already accumulated it by now, though the current price is not a bad option but the profit margin would have been huge had they invested into Bitcoin an year ago. If I had to invest into Bitcoin now I would have rather waited for a market correction before or post halving (Currently I have doing DCA for a while and it has worked like wonders). Still there are chance to invest into Bitcoin and make profit as we are yet to enter the bull run but just the matter of profit margin which we will get by investing now verses someone who have invested last year.

This should be the best method to use when buying bitcoin to get a lot of profits in the future. A lot of people have made mistakes of buying bitcoin when it’s on a bullish trend hoping that they don’t miss out on that bull state. Those type of bullish signals don’t always get you the maximum profit needed as related to those that have invested earlier when the price was still lower. DCA method still remains the best method to accumulate bitcoin for the future, with DCA, you can accumulate as many as you can’t do when you want to buy at once when that news of FOMO hits the market.


The longer the time it will take for some investors to get their profit out of bitcoin discourages some of them not to invest earlier in bitcoin until the time for bull run is fast approaching. Getting to invest in time is the best as you will not feel the burden of taking a huge some of money at once to put into bitcoin investment. Investing some part of your money into bitcoin without keeping count of it will make you be in awe when you find out how much you’ve accumulated over the years. Stick to DCA for a seamless profitable investment in bitcoin.

This is a really good topic to discuss you started OP, indeed the best time to buy Bitcoin is the bear market where many of the investors can accumulate a good amount of Bitcoin from points to points. We should always keep an eye on the buying opportunity and never miss this as we know that we are all very close to the bull market and hopefully this bull market will prove a very golden chance of making a good amount of money.

Besides all that, the Halving event is on the way so we may see a good correction very soon in the market DYOR. We must be ready for the coming correction and prepare our funds for coming buying because if we miss that opportunity of buying we would not have any other opportunity of buying before this bull run. Stay tuned to the market sentiments, movement, and news so that we can have an idea of the coming move of the market. we keeping an eye on all that we just have ideas because predicting 100% accurate market is impossible. The point is that we should be ready for coming buying which may occur very soon what do you guys think? Must share your opinion on it. Many Thanks!

Well that's that then. Just stop there. I mean just use the DCA method to buy and hold and don't forget to monitor the market price chart regularly.
People who buy when the price is increasing are triggered by hearing that Bitcoin is increasing so they try to buy before the new ATH is reached.
In my opinion, people like that only use a short time and don't want a long time to store Bitcoin in their wallet.

We are different from the character of the person I think it is. We are more interested in collecting Bitcoin regularly using DCA which doesn't think too much about the price as long as the price is below the previous ATH or does not reach the latest ATH price.
Maybe they don't really care or are busy with other work so they use information about market developments to buy Bitcoin. If they think the times are close to a new ATH, they will move to buy. CMIIW

This is what I think about it. We see many people are talking about buying more bitcoin because bull run is coming but didn't even think about buying bitcoin when it is cheaper until the price is no longer cheap. What I can say about them is that they are a short term investors where they only invest when they think it will be profitable later on and won't invest if it's not profitable which in this case is they only buy Bitcoin when bull run is coming and won't buy if it is in bear market.

This is true.

But you can't stop people if they are just active during the bull run and that's the time they're going to start accumulating. They don't want the market to be so slow and it doesn't encourage them to buy at that time.

If they want to have some more and maximize the potential of the bull run, they should prepare it long ago including the accumulation during the period of bear market and I agree.

There is no trust in Bitcoin market else bear market shouldn't come now but it's when you don't expect shit to happen, that's when it do happen. I was reading some news yesterday and I came across Michael Saylor statement yesterday when asked about how he intended to sell his bitcoin and he responded that he doesn't plan to sell, he will continue to buy and then I remembered the last bullrun how Elon was gingering everyone only to go sell more than half of his Bitcoin before the dump.

What is the message I'm trying to pass, this centralized investors are buying all the bitcoin and encouraging everyone to hold and not sell but deep down, I know they are going to sell and give some excuses like saying his company is about to liquidated and needed some cash flow to keep it alive and this will bring another bear market.

Halving is here already and that's what is keeping this price, once it's done, expect some sell pressure, I have my plans on me but I will advice, there is nothing bad in selling if you are in profit or sell half and hold half.

We can encourage people to buy Bitcoin but we can't force them to follow us to do the same thing. Buying Bitcoin or not buying Bitcoin is a personal decision because some people can not be convinced easily and will trying to deny it. Even if they see the price is at the lower price, that doesn't make them want to buy Bitcoin. Moreover if the Bitcoin price increases.

Bull run will comes but we still have a chance to accumulate more Bitcoin before that times. Many Bitcoin investors already bought Bitcoin at a lower price and now, they can smile seeing Bitcoin price increase to $50k-$52k. Sooner or later, Bitcoin price will be back to last ATH and will reach new ATH.

At that time, people who doesn't buy Bitcoin will regret because they don't follow the advice from us. But they still have time to invest if they want altough the price at that time is not at a lower price. Maybe they need to wait gets another correction because after the ATH, the price can get down deeper. That will be their time to buy Bitcoin if they are sure with Bitcoin.

Good observation, OP. Honestly, many investors are not thinking of the bear market currently; they are thinking of the bull run and how they will make a profit from Bitcoin during the period of the bull run. Idea of Starting to plan earlier for the bear market is the reason why many investors have always found it hard to accumulate more bitcoin during the bear market. Due to all their plans being based on how to lavish the money they profit from their Bitcoin investment, they always forget that Bitcoin should be a continued investment,and buying at cheap price lead to more profit

For individuals who aren't committed to holding onto their Bitcoin investments for extended periods, the optimal opportunity to gather more Bitcoin occurs during a bear market. This period, characterized by declining prices and pessimism in the market, offers the chance to acquire Bitcoin at lower prices, potentially resulting in greater profits when the market eventually rebounds. Utilizing the Dollar Cost Averaging (DCA) method during this phase can prove highly advantageous.DCA involves regularly investing a fixed amount of money into Bitcoin over time, regardless of market fluctuations. This strategy mitigates the need to time the market accurately, as it relies less on luck and offers a more secure approach to accumulating Bitcoin over the long term.

This can simply be the round up quote that the "inexperienced investors makes the experienced investors rich". I've got to understand that crypto bull run happens after a periodic cycle of 6 years, then bear market follows gradually resulting to all coins to fall to their lowest point and remain like that for another 6 years cycle again.

Yes the bull run is within the corner because the crypto market has been dipped for the last 5 years so, crypto market is expecting to experience another ATH by 2024/2025 respectively.

The inexperienced investors will rush into market thinking the bull continues not knowing it doesn't last at ATH after the rest will be retracement.

They say that the earlier the better, however some people refuse to believe the proverb. If not be say some people's are lack of investing experience does not guarantee that a person who wants to invest against bull runs and refuses to acquire bitcoin at the proper time what the the person think it will happen at the end of the day. It's a good idea to do something better before the deadline. Because he refused to buy bitcoin while it was still at a cheap price until it rise up, you realize that you want to acquire bitcoin against a bull market. which I don't think these will be enormous earnings for you, Because even if you buy a Bitcoin and is small amount, even if the bull runs come you will not make a significant profit.
Yes, it's nice that you have some experience with Bitcoin investment before introducing yourself to it. I believe you will have less problems now that you are aware of the hazards. Because that is the most serious issue that some individuals are suffering since they are know waiting to develop knowledge in how to secure their coins against bull runs, while others are unaware of the actual period of time in which they can buy Bitcoin and earn large profits in future.

Haha, OP well that's a fact, now the price prediction and Bitcoin accumulation thread are the hottest topics on the forum, but this topic is really what I have been waiting for a long time, like can create this topic by myself but putting an opinion and creating a whole thread both are different approaches and I prefer to put view first before discussing the topic but after putting my view based on reaction and feedbacks I can create a topic on it as well.

Anyway sticking to the topic, as accumulation is important for healthy profits the exit plan is 2x important to secure those profits, and TBH accumulation is not a hard job the most skillful and hard job is the exit plan, if you are good at the exit plan you can enjoy a way better accumulation in the next cycle. Because not booking profits on the tail end can be a big loss, and to ensure the heavy bags filling for next you need funds which are going to be obtained from the exit plan. So work on it and even start working on it right now. You never know in crypto market.

There are people who don't have good investment advisors; they rush to invest as soon as they see prices going up. They don't try to study the market and know if it will continue or if it will drop again for the time being, but rather they rush to invest what they are not willing to hold for long and expect the market to continue pumping the way it was before the dive into the market.
 
Most of these people end up losing money as a result of the price of bitcoin not performing the way they want it to perform as of the time they predict it to hit a certain price, and when the money that is invested in it is needed for something else, they end up selling it at the wrong time, which they will record as losing rather than making profit from the market.

You might be right but the idea behind the post is to encourage people to buy Bitcoin when it is cheap and they shouldn't wait until they see that the bull run is close or in the bull run. You will agree that it is better to buy when the price is cheap than when the bull run is already pulling the price high.

I don't also doubt your position that there is still room to buy at the current price and I encourage people who want to buy to do so. Some people might want to buy now because they didn't have money to buy when the price was low, this is understandable. The post is just a reminder that we should prepare to start accumulating instead of waiting for another bull run.

Buying Bitcoin in a bear market is not always good and if you buy it at a start of bear market, you will buy it at very high price that is not too discount from all time high price. You can buy bitcoin in 2021 or 2022 with price is about $40,000 or $50,000 and it is not different too much than buying it in 2024.

Best time to buy Bitcoin in a bear market is after you see a bear market already lasts about 1 year and some more months like 1 year and a half or 2 years. It will help you to buy at cheaper price and save your waiting time for a next bull run.

I think it is still good to buy bitcoin if you believe it will break $70,000 and make its new all time high in 2024 or 2025.

The image below explains it all, I also wonder why people prefer it when bull run is fast approaching, you have all the time to buy when it's very cheap but decides to buy when there is fomo in the market already.

I guess this people aren't really aware of how Bitcoin have been able to prove itself over the last circles yet they don't really trust it. well lets keep sharing the Bitcoin knowledge to see how fast such notion can be reduced.


image source; Bitcoin images

Thats true and you're right about the perception, people want to take advantage on the current market to invest and hold before the bullrun begins, some even believed that it's likely that we have started the bullrun already, but we still have a little more steps closer to it since we are a bit more far from the all-time high of $69,000 and considering also that halving a getting more closer, they wanted to invest before halving.


The world current economy is not encouraging, so the alternative most have in making an investment is bitcoin because its far better than any other form of an investment as at now, what people can get in bitcoin is much better than what other forms of assets could give on a short- or long-term basis.

Buying Bitcoin when there is no fomo and it comes with a discount is the best investment advice, but people don't do that. In my circle of friends it happens every cycle;

• Bitcoin price drops, and they start trolling the holders that have been vocal during the last bullrun
• As the bear market continues, no one talks about it anymore,
• When the bullrun start rolling around again, the attention and focus shifts back to it and people start talking about it again,
• This continues until the bear starts coming around again, and the trolling resumes,
• Repeat.

The talk and traffic pulls demand along with it, so its during those times when it starts to become expensive that people get interested.

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This is not a bad investment option, from the current Bitcoin bticoin can do a 100% and anyone who buys now profits, but they could have got it for much cheaper a year or two ago.