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Topic: When will the real bull run begin? - page 4. (Read 948 times)

hero member
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April 30, 2024, 12:09:22 PM
#52
I have been investing in crypto since January 2022 and it is beginning to test my patience waiting for the bull run.

I was buying all along the bottom of the bear market so current prices do not interest me too much as I got in a lot lower so I am just waiting to take profits.

Looking at the 2020 halving, the market didn't really start moving until 4 months later - is this likely to be the case after this recent halving too?

I will continue to hold as I feel we are only months away from the real bull run but it is testing my patience lately waiting month after month for some real price action.

How is everyone else feeling?
Right now, the market is taking a breath and gearing up for an upwards momentum we need to see in these Bull market. Bitcoin Halving has come and go, Now I kind of think we are on the verge of witnessing the last shake out of weak hands before the main Bull run will kick start. However, the level I'm paying very close attention for a possible market reversal is that, Bitcoin needs to hold firm these support levels at $59k-$58, $57k ,else our next zone of support is at 52k  where we have another vpvr indicator showing large number of traffic.
hero member
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April 30, 2024, 12:08:11 PM
#51
I have been investing in crypto since January 2022 and it is beginning to test my patience waiting for the bull run.

You should have written that you invested exclusively in altcoins, so your question has nothing to do with the Bitcoin discussion. Likewise, until recently, you were bragging about how your coins achieved significant growth, and now suddenly you no longer have the patience to wait for something that doesn't actually have to happen - what if the bull run has already passed?

In addition to all that, it should be noted that at the end of 2022, the price of 1 BTC was just over $15 000, which even today is a 400% increase, and that's something that most people are super happy with - except for those who are greedy and expect 10 000%.

How is everyone else feeling?

I feel great, I listen to people talking about investments that bring them 3-5% per year and I wonder how they can be satisfied with that - I am therefore super satisfied and feel like I won the lottery Cool

Yes the price of Bitcoin at the END of 2022 was $15k but i started investing almost 12 months before that when it was $42k , big difference.


why I said you have to know about the rudement of cryptocurrency before you venture into it especially bitcoin investments so I'm persons invest in Bitcoin without timing or target before you invest in Bitcoin he must have a target especially try to observe when the market is going to venture into the bullish season and also a bearish season so when you are able to know this two things I think you'll be profitable for any of the Investment you venture into because this two things I mentioned is something that regulate the advantages and disadvantages of Bitcoin via investment
hero member
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April 30, 2024, 11:41:46 AM
#50
just be patient. no need to rush. there's nothing to chase. if you have been investing since 2022, then waiting a few more months is not a problem for you. because the most important thing in bitcoin investment is how patiently you can hold bitcoin in your wallet and wait for the right time to sell and then you will be able to make a profit from it.

but if your patience runs out, you can immediately sell it because nothing is stopping you from selling bitcoin now and you should have made a profit by now.
Those that have got a good entry on 2022, I agree with you that they don't have to be hasty because they've got in at the right time. Even those that have been in lately, there's more reason to them to become patient because of what we're going through now.

With experience and regrets from this market, we all are going to agree and say that if you've been patiently waiting to the market and your actions have been into accumulating of the right cryptos for your portfolio then you'd definitely see the fruits of your hardwork soon.

Since OP has been here for 2 years already and this is going to be his first bull run, he's also likely in profit already but it will be more once we get actually into the bull run.
full member
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April 30, 2024, 11:22:38 AM
#49
Nheer - I started in 2022 not 2020 - my overall portfolio is up +85% currently.

The mistake I made was starting too early in January 2022 , looking back now I should have waited and started around 6 months later when the big crash happened but I will learn and have a break after this coming bull run and then start buying again near the bottom of the next bear market.

It has just been a long 2.5 years almost and nothing to show for it Fiat wise yet but I just need to remember we will likely start going up properly in the next 2-3 months so not much longer to wait.
I guess the reason why you're getting all hitted up is because you didn't make adequate plans for long term holding and maybe you got into buying of bitcon because you needed immediate gains. If you hard continued buying after you bought earlier January 2022 and you bought till now, what you should be looking out for should be how to build up a good portfolio and not now that you still have the opportunity of buying more and not necessarily regrets and plans on selling out your holding. Once you invest into Bitcoin with a short termed mindset, it's certainly going to deter you getting the needed profit out of your investment. I guess you've not bought enough bitcoin at the moment and if you're planning on selling, you should know that transaction charge won't favour you that much if the quantity you've been able to stack isn't much. And from a follow investor point of view, if you're not in a situation where you don't have any other option apart from selling your holding, it's better you continue buying your Bitcoin and with time you should have built up your portfolio.
legendary
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April 30, 2024, 11:02:32 AM
#48
just be patient. no need to rush. there's nothing to chase. if you have been investing since 2022, then waiting a few more months is not a problem for you. because the most important thing in bitcoin investment is how patiently you can hold bitcoin in your wallet and wait for the right time to sell and then you will be able to make a profit from it.

but if your patience runs out, you can immediately sell it because nothing is stopping you from selling bitcoin now and you should have made a profit by now.
What's the point of selling bitcoin now if he believes that in the next few months the price of bitcoin can rise high?
It takes a little or a lot of time to get market developments post halving - it can take several months, 4 months for example. If OP can wait a long time from 2022 until now - then why can't he be patient in waiting for a big return in 2024 or 2025?

So I agree - every holder should just exercise patience and ignore short term volatility like the current one. Market conditions will soon improve as time goes by - but if they need money due to an emergency, selling some of it might be a wise option instead of selling it all now.
sr. member
Activity: 658
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April 30, 2024, 10:26:14 AM
#47
Looking at the 2020 halving, the market didn't really start moving until 4 months later - is this likely to be the case after this recent halving too?
I do not think so, and I wouldn't rely on such data. It could take longer than 4 months or lesser but the good news is that we are not far.

I will continue to hold as I feel we are only months away from the real bull run but it is testing my patience lately waiting month after month for some real price action.
HODLing is rewarding. Bitcoin is not a get rich quick money scheme or one of those pump and dump projects. You need to exercise some patience and hodl your gem in other to sell at a very good price. We are in post halving and you're already at the finishing line, very soon the market will turn bullish and you can offload your bag and take profit.
hero member
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April 30, 2024, 10:11:45 AM
#46
The real bull run will come soon but no one knows when it will come. We can only continue to be patient and prepare well, especially if we want to make big profits again. We don't know whether the real bull run will start 4 months after the halving or at the end of the year or even next year.

If you have been accumulating Bitcoin since 2022, you have already seen your portfolio rise as you have seen. This increase will increase as the real bull run arrives. So we all better get ready because no one really knows when the real bull run will come.

But if the real bull run will come in the next 2-3 months, it looks like that's just the beginning of being able to lift the price to a higher price position. Perhaps the peak of the real bull run will come next year. But it could be wrong and we should really be prepared for its arrival.
legendary
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April 30, 2024, 09:55:55 AM
#45
~snipped~
One thing I notice with people about this bull run of a thing is that they calculated the date of the halving and decided to set a date to take profit, which isn’t right.
Those who set date to take profit instead of price level are getting it all wrong. The target should be on price, not dateline. For instance, my projection of price was (is) that it would be in the $120k – $150k range to give us a new ATH. That was a painstaking calculation I made late last year, not knowing that Bitcoin would even break its own previous ATH before halving in April. I have my strategy of taking profit in place, this hasn't changed despite how Bitcoin broke its ATH record before time. Yes, to me, it's looking like Bitcoin will surpass that $150k range but I'm not going to allow greed change my approach on taking profit. I think newbies should also set their target before the bull frenzy sets in and greed takes over the market.

Quote
My advice has always been the bull run could come anytime, it could come earlier than the past trend or even come later than it. Just hodl and set a target price to take profit, any time it gets there you take profit.
Exactly! That's an intentional way of relating with the market without getting burnt out. Those who take profit gradually at their strategic points won't regret it.
hero member
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April 30, 2024, 08:25:26 AM
#44

I will continue to hold as I feel we are only months away from the real bull run but it is testing my patience lately waiting month after month for some real price action.

How is everyone else feeling?
Please do it just like other investors do because this is the only thing we can do knowing that we never know when exactly the ATH come.
You mentioned last 2020, we can't say to have the same market experience this time but can't set aside to be possible. As long as we are holding, we have nothing to worry about missing the chance. What I feel is that the bull season extends until next year and just like the previous halvings, ATH comes months after halving which means that we also need to extend our patience in holding. We just think that holding is no regret but instead, getting more rewards.
full member
Activity: 868
Merit: 202
April 30, 2024, 07:39:10 AM
#43
just be patient. no need to rush. there's nothing to chase. if you have been investing since 2022, then waiting a few more months is not a problem for you. because the most important thing in bitcoin investment is how patiently you can hold bitcoin in your wallet and wait for the right time to sell and then you will be able to make a profit from it.

but if your patience runs out, you can immediately sell it because nothing is stopping you from selling bitcoin now and you should have made a profit by now.
full member
Activity: 102
Merit: 21
April 30, 2024, 06:54:25 AM
#42
I have been investing in crypto since January 2022 and it is beginning to test my patience waiting for the bull run.

I was buying all along the bottom of the bear market so current prices do not interest me too much as I got in a lot lower so I am just waiting to take profits.

Looking at the 2020 halving, the market didn't really start moving until 4 months later - is this likely to be the case after this recent halving too?

I will continue to hold as I feel we are only months away from the real bull run but it is testing my patience lately waiting month after month for some real price action.

How is everyone else feeling?
You have been holding since 2022 and you are running out of patience now? Don’t you think you are almost there yet. I know it never easy holding for this long especially when you are not doing well finically. According to research I don’t think the next bull run is far away, maybe in couple of months or so… just keep a little more patience so you can be rewarded for you patience because been patient is also an investment.

If you were a holder since around 2020 by now you would have made profit and it is always advisable to take out of your profits. So just be more patient because every investment is about patience and again next time when you are investing in anything not just crypto try to make more enquiry and research so will have knowledge of what you are getting into.

hero member
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Merit: 544
April 30, 2024, 05:57:29 AM
#41
Nheer - I started in 2022 not 2020 - my overall portfolio is up +85% currently.

The mistake I made was starting too early in January 2022 , looking back now I should have waited and started around 6 months later when the big crash happened but I will learn and have a break after this coming bull run and then start buying again near the bottom of the next bear market.

It has just been a long 2.5 years almost and nothing to show for it Fiat wise yet but I just need to remember we will likely start going up properly in the next 2-3 months so not much longer to wait.
Oh sorry i thought you started investing around 2020. How would you have known that a crash was going to happen? Most people didn’t expect the crash and a lot of people lost so much from the incident and some panicked and decided to sell at loss but you were strong enough to withstand the pressure and held on to your coins. Everything happens for a reason so don’t regret your decision to invest that early because we all know bitcoin has the potential to rise even higher.

+85% rise is not so bad but since you are determined to hold till next bull run then you should hold on for a little longer as the bull run is just around the corner, i just hope you don’t get greedy when the bull run finally arrives.
member
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April 30, 2024, 03:48:32 AM
#40
Nheer - I started in 2022 not 2020 - my overall portfolio is up +85% currently.

The mistake I made was starting too early in January 2022 , looking back now I should have waited and started around 6 months later when the big crash happened but I will learn and have a break after this coming bull run and then start buying again near the bottom of the next bear market.

It has just been a long 2.5 years almost and nothing to show for it Fiat wise yet but I just need to remember we will likely start going up properly in the next 2-3 months so not much longer to wait.
hero member
Activity: 644
Merit: 544
April 30, 2024, 03:27:50 AM
#39
I have been investing in crypto since January 2022 and it is beginning to test my patience waiting for the bull run.

I was buying all along the bottom of the bear market so current prices do not interest me too much as I got in a lot lower so I am just waiting to take profits.

Looking at the 2020 halving, the market didn't really start moving until 4 months later - is this likely to be the case after this recent halving too?

I will continue to hold as I feel we are only months away from the real bull run but it is testing my patience lately waiting month after month for some real price action.

How is everyone else feeling?
If you invested as early as 2020 then you should have realized a reasonable profit by now because the price was actually low as at then and by now you must have gained profit from your investment. Taking out profit is essential in bitcoin investment and we should always leave greed aside else we might end up losing everything.  I know you must have your plans and you must be targeting the next bull run but the increase in price from your point of investment is high enough to earn you a reasonable amount and taking out profit doesn’t mean you should take out all your bitcoins, you can always take little profit and prepare for the upcoming bull run.

You will have to keep waiting because bitcoin halving recently started and we are still witnessing high price demand from miners and it may take a little time to witness real halving before even expecting bull run because bull run comes months after bitcoin halving and some even say it takes up to a year so i think you should be prepared to hold even longer as your patience will be tested even more.

Well, you have gone far and come too close to give up on your quest to reach the upcoming bull run so i will just advise you keep holding on till your goall is achieved, if you were able to hold for 4 years already then holding for another year or less shouldn’t be a big deal.
sr. member
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April 29, 2024, 09:37:19 PM
#38
you start investing in bitcoin in 2022, that's a good idea and way because what I remember at that time was the market was bearish, of course collecting or buying btc at that time is a good way because if you look at the current price, if you compare, now it's definitely more tall. but of course your patience will really be tested.

You have certainly felt the results of your struggle and patience, so now you just have to wait and take a position at the price you want to sell or take advantage of the BTC investment. In my opinion, we will not know future market conditions, but if you have made the decision to stay and continue holding your bitcoin, of course that is your right.

However, I personally still hold BTC because I only invested a little in BTC and I personally feel that 2025 is the right time to sell it, if for example the price of BTC rises high and there is no negative news which usually causes losses which makes the potential for BTC prices to fall.

It seems like you are in your comfort zone, of course in this case it's up to you.
hero member
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April 29, 2024, 06:28:33 PM
#37
I have been investing in crypto since January 2022 and it is beginning to test my patience waiting for the bull run.

I was buying all along the bottom of the bear market so current prices do not interest me too much as I got in a lot lower so I am just waiting to take profits.

Looking at the 2020 halving, the market didn't really start moving until 4 months later - is this likely to be the case after this recent halving too?

I will continue to hold as I feel we are only months away from the real bull run but it is testing my patience lately waiting month after month for some real price action.

How is everyone else feeling?
I am feeling fine and still patient. You've started on 2022 and that's a good timing because it was the bear market and the bull run was just after that. While you have understood how the market's cycle works, all you need to do is to go on with your plan and wait for sometime. Give the market to react with all of these Bitcoin spot etfs and halving that have been the big factors of this upcoming bull run. Before, it was with the ICOs and NFTs but we see some real deal here from the real world institutions.
hero member
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April 29, 2024, 05:16:01 PM
#36
I have been investing in crypto since January 2022 and it is beginning to test my patience waiting for the bull run.

I was buying all along the bottom of the bear market so current prices do not interest me too much as I got in a lot lower so I am just waiting to take profits.

Looking at the 2020 halving, the market didn't really start moving until 4 months later - is this likely to be the case after this recent halving too?

I will continue to hold as I feel we are only months away from the real bull run but it is testing my patience lately waiting month after month for some real price action.

How is everyone else feeling?
I do not really understand why you claim that your patience is being tested, since according to your post you were able to buy close to the bottom, this means that even at the current prices you are enjoying some nice profits, so if you have waited for two years already then why it should bother you to wait for a few more months before you see an increase your profits? After all if you were to sell your bitcoin now, in what other market you could get the same profits you could get here during the next years?
legendary
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April 29, 2024, 04:49:13 PM
#35
I have been investing in crypto since January 2022 and it is beginning to test my patience waiting for the bull run.

I was buying all along the bottom of the bear market so current prices do not interest me too much as I got in a lot lower so I am just waiting to take profits.

Looking at the 2020 halving, the market didn't really start moving until 4 months later - is this likely to be the case after this recent halving too?

I will continue to hold as I feel we are only months away from the real bull run but it is testing my patience lately waiting month after month for some real price action.

How is everyone else feeling?

I lost 10% of the value of my investment in bitcoin in the last 1 month, this is not pleasant when I hope the halving can influence investors' interest in increasing the price. But what can you do, this is a fact that inevitably has to be considered as a process in investing. Price volatility is considered normal regardless of any moment considered fundamental to bitcoin, so with patience and optimism I will hold on and will continue to hold.

The price of bitcoin will rise over time and this is an expectation that is more likely to come true after the halving. Massive price movements may still be difficult to expect to happen overnight, so it's best not to have too big expectations about it. Just do accumulation while the price is still looking for a dip, it will make you collect more bitcoins before hitting the new ATH again.
hero member
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April 29, 2024, 04:30:57 PM
#34
That patience is what you're supposed to have a double dose of right now if you must gain your early investment. Otherwise, you're going to be on the sideline to rue your quick sell off. If you waited this long, I don't see how extra six more months wait will destroy you. Patience is key in this industry.

One thing I notice with people about this bull run of a thing is that they calculated the date of the halving and decided to set a date to take profit, which isn’t right. They’re some of this newbies that they invested an amount that they cannot afford to look away from for like a long period of time and those are the impatient ones looking for an immediate bull run. My advice has always been the bull run could come anytime, it could come earlier than the past trend or even come later than it. Just hodl and set a target price to take profit, any time it gets there you take profit.

How is everyone else feeling?

Feeling like before, holding till I get to my profit target. My advice to those losing patience is quite checking the market chat always. Engage in other things.
legendary
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April 29, 2024, 04:06:09 PM
#33
I will continue to hold as I feel we are only months away from the real bull run but it is testing my patience lately waiting month after month for some real price action.
That patience is what you're supposed to have a double dose of right now if you must gain your early investment. Otherwise, you're going to be on the sideline to rue your quick sell off. If you waited this long, I don't see how extra six more months wait will destroy you. Patience is key in this industry.

Quote
How is everyone else feeling?
I'm nonchalant about the current price and how it has been stalling and ranging since after halving. I'm looking at the bigger picture in price. Bitcoin won't do anything less than $100k a few months from now.
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