I have been investing in crypto since January 2022
The highest value that month was less than $48,000. So, you're already up more than 28% on the purchases you made that month. Got it. Great job! That's a very nice return on investment after only 27 months!
and it is beginning to test my patience waiting for the bull run.
From mid-November 2022 through mid-March 2024 (16 months) we just had a huge bull run from a low of a bit less than $15,600 to a high of more than $73,000. That's an increase of almost 370%! I'm sorry about your patience, but it appears you weren't paying attention?
I was buying all along the bottom of the bear market
Wonderful! So, you have multiple purchases below $18,000 between November 7, 2022 and January 11, 2023. Isn't it exciting that all those purchases are now worth more than 3 times as much after less than 18 months!?
so current prices do not interest me too much
Honestly, I never find any price "interesting". It's just a number. $10 per bitcoin sounds just as interesting to me as $1,000,000 per bitcoin.
as I got in a lot lower
That's great. That means you've experienced the bull run and can decide now if you want to do something else with your money, or if you want to continue to see what happens next with Bitcoin. So many fun choices to make.
so I am just waiting to take profits.
Waiting? Why? If you just want profits, you can take them now.
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?
Oh. Past performance is NEVER a guarantee of future results. There is one thing that I can say with a high level of confidence though:
Every time the bitcoin exchange rate hits a new all-time-high value, it will be within two years of when the bitcoin reward subsidy is cut in half.That's a fun fact, isn't it?
I will continue to hold
Oh. Ok. I thought you said you wanted to take profits? If you would prefer to hold, that's a fun choice as well.
as I feel we are only months away from the real bull run
Real? Was there something imaginary about the bull run we already had? Also, if you want to take profits, you should think about the fact that we may be months away from a real bear run. I certainly wouldn't be surprised if the value of Bitcoin was more than $250,000 a year from now, BUT I also wouldn't be at all surprised it if was $15,000 either (or anywhere in-between). If you want guaranteed profits, the only way to do that is to sell now. If you want the possibility of higher profits, then you're going to need to accept the risk of lower profits or even total loss.
but it is testing my patience lately waiting month after month for some real price action.
Again, there's been plenty of action. Is there something about that action that makes it imaginary? It certainly seems real to me.
How is everyone else feeling?
I feel like you just like to complain. Maybe it makes you feel important when people respond to your complaints, I don't know. You're essentially bragging about how you made a lot of money, and simultaneously complaining that you want lots MORE money. I wasn't going to point that out, but since you asked.