2017 was fun but 2021 was more fun.
I registered in 2015, so I found 2017 more enjoyable than 2021. In 2017, there were lots of bounties that I joined, and I made a good amount of money during that time, if I recall correctly. However, in 2021, there were no more bounties, only a few altcoins that required investment, so we needed to raise capital in order to invest.
2017 is indeed the time when there's a lot of bounty campaign. That was also the time when merit was not a thing to rank up or to join in a signature campaign. Anyways, for me, it was 2021. it hits really differently from 2017. Because last 2021, for sure it did not only happen to me, but a lot of us here were also able to earn and help other people through NFTs or the P2E games.
Those were the golden times because you didn't need merit to rank up; you just had to complete your activities to reach the highest rank. Unfortunately, with that system, there were lots of spammers at that time, and accounts were being sold because ranking up was easy. This is why the merit system was introduced. However, to be honest, I benefited from that era because before the merit system was introduced, I had already reached the legendary rank.
The 2017 was like the bull run that has taught many the lesson that we have to take profits and take those withdrawals. The market won't wait for us any longer when it steps on the bull run and that's why I belong to those folks that have taken the advantage and profit on 2021. Not a lot but more than the year of 2017 when I didn't do a lot of profit taking. I don't hold a lot but it means a lot to me when I was able to get close to the ATH and sold there. I am looking forward to a better bull run and might be bigger than 2021. And as the cycle goes on, those that have never taken profits in 2021 because of greediness. They will for sure gonna apply the lesson they learn from there and will not have a second thought on selling when bull run appears likely on 2024-2025.
The 2017 bull run actually taught us a lot. It showed us that nothing is forever. During that time, some of us thought that the bull run would continue indefinitely, but it corrected after reaching its ATH, and the market slowly declined. The same thing happened during the 2021 bull run. So, we already know the trend or the drill: we buy during the bear market and sell during the bull market.
Question, when do you think is the next bull run?
That was the year that gave us a lot of experience and realization of the things we should do. It's the kind of experience that tells us to be more prepared for the next bull run. It teaches us not to become a victim of FOMO and to be early to hold as much as we can.
FOMO and FUD, I believe, can lead to repeated patterns. If we are not emotionally mature, we may find ourselves experiencing these feelings again and again, essentially making the same mistakes repeatedly.
I've been thinking that the next bull run will be in the year 2025 which is the same as the other post I can see. I think this is possible as the take effect of halving takes a few months, or a year just like in the past.
That means we still have plenty of time to accumulate. Maybe Bitcoin won't experience another major dump, so I believe that the current price represents a good entry point if you haven't accumulated yet.
