Bitcoin Forum

This bull run is giving me and my friends so much joy. When we were accumulating people were mocking us. One even advised me to change my coin to Ustd but I kept the faith and was patient. Some are saying it is the bull run and others are saying it is a bull trap. Most people who have lost money are warning that this bull trap is to attract investors and there might be a fall in price because they think the bull run would start next year. Other bitcoin hardcores are saying that the bull is already in the bitcoin space.  

For now, I am enjoying the profit feelings because I knew bitcoin in the bear season, this is my first bull season. It was bad to look at your wallet and always discover that you have lost for months, it was emotionally stressful. Since I went through some emotional stress during the bear run, I must enjoy every bit of this bull season. Its good to look at your wallet and discover that you are making money doing nothing.

Happy bull run.

I am not most people who have lost money, but we cannot call this a bull run yet. We are at a similar value we were at 3 months ago and that's indicative of a market recovery, but it's not yet a bull market.

You should also try to separate your emotions from the market actions if you intend to be a long term holder. The market could change anytime and if you react to any movement on the chart you would be reacting a lot and maybe sell at a loss or sell too early.

You are not making money, you still have the same exact amount of BTC. You onuy profit when you sell.

It's true you make money when you sell but I usually compare the price/ worth of bitcoin with dollars. And there is always a feeling that your coin is appreciating.
As for my emotion I was a new bitcoin holder and gradually I became used to the price situation.

When it's anything related with money, I wouldn't ever tell to tell or discuss with anyone including my closest friend.

One of the reason has been pointed out by @OP where he get mocked by other people (I assuming it's his friend) so you will lose your confident and your emotional will play more than your logic. Even if you're successfully stand with your choice e.g. holding your coin, not convert it to USDT, after then you will mock them back and they would mad to you.

There's a chance your friendship will ruined and they might attack you when you're already success.

I don’t listen to the so called bitcoin hardcores giving financial advice, most don’t know what they are talking about. They will say anything to get the views and subscribers. I hate to burst your bubble but this is isn’t a bull run, bitcoin is still at 20-21k range which is very far from its previous ATH. Like you said you’re a newbie in profits and its quite understandable you term the current price as a bull run.

I remember having the same feeling when I began hodling bitcoins. I would check my wallet every chance I got to know if I’m in profits or not. It’s not healthy at all, and I will advise you focus on accumulating for long term gains, if you’re not selling anytime soon there’s no point checking your wallet everyday. 

Don't get your hopes up too much. While we've seen a good bounce, it doesn't mean we're out of the bear just yet. We can just as easily drop down lower than the current low just as quick or maybe quicker than the recent bounce.

Three years after bitcoin halving is always bull run, bear market will also occur, but people that buy when the price was low do not lose. Some people believe that bull run would be 2024, definitely it will likely be like that, but we are also expecting some bull market in 2023.

All I believe is that from January 1 2023 to 2025, the market will favour the bulls the most, but there might be some bear market especially in 2023.

Good for you but know that this isn't the bull season in full, but i will regard it as a signal for it coming soon,but being your first experience it's good that you termed it your first bull run, this is part of the profitability that comes in with bitcoin if you buy the dip it will surely gives you a better profit to take in along with time, there are times as well it can run dip but that doesn't change the fact that it's profitable since it's a volatile digital currency, there will always be a surge to run the price high whenever it's low.

I would call the current situation a solid recovery and a return to the level where Bitcoin would have been had some very bad things not happened (Kwon&Bankman). Some may have been surprised, others not - but the beginning of the year began with very good economic results on the stock market, as well as predictions that the central banks will not be too harsh in raising interest rates this year.

This is definitely not the big bull run that comes after the halving (at least it was like that in the past), but for those who took advantage of the opportunity and bought cheaply like the OP, everything that is happening seems like the beginning of a beautiful story in the financial sense. Let people enjoy while they can, but let them always be ready for negative changes.

That might be great news for you unlike most people that are still hodling when Bitcoin was still in its all time high.
So you won't expect people that got their Bitcoin when the price was Approximately $50,000 to $60,000 to be celebrating because the price of Bitcoin has risen from $15,000 to $23,000. Not until the price get to $40,000 or more I still won't consider it has a bull run.

But I still have hope that we're going to see the better side of Bitcoin before  the year runs out. So just keep hodling

This is not even the real bull run season. Just take note to not become greedy on taking profit because this kind of growth is not organic. There’s a high chance that Bitcoin bear enter again once bulls show some exhaustion with this rally. The number of Bitcoin short position is very low and this is the reason why there’s no hurdle for the price to pump.

All that buyers aim is to have profit. I’m sure they will take profit at some point once bulls weaken. Enjoy and secure profit as always.

I have been in the crypto industry for a very long time and have learned several important lessons so far.
When crypto rises there is always great euphoria and when it falls there is always great panic and depression.
In every situation, one should remain rational and avoid emotional reactions.
Everyone should be responsible for themselves, analyze the crypto market well, make a crypto investment in accordance with their financial capabilities and have a clear exit strategy.
Good luck with your investment OP.

Although we have recovered from the irritating $16-$18k range and now trading at $23k which is positive sign for the market pumps but calling it a complete bull run is still in early phase so I am waiting for few weeks period to see it whether it fluctuates to go down or keep up the same pace with growth in charts.But I also hope the prices surge to our expected profits level so if you have invested in bitcoin so keep hold of your coins patiently and see the next actions.

Congratulate and enjoy it if you can  :D

It is true as per history, a big bull run does not come 1 year or longer before a Bitcoin halving. A next halving of Bitcoin block reward is in 2024 so it is realistic to say a new bull run has yet come.

Bitcoin has a mini bull run but profit is good enough so if you want to take profit, do it and enjoy. If you want to hodl it for longer time and better profit, let's do it too. Even this mini bull run is a bull trap, if you hold your bitcoins long enough, you will not lose that profit or get loss.

Year by year, since 2009, Bitcoin is bullish especially if you look at Yearly Minimum price of Bitcoin.

Currentlu we are still not into the bull run phase most likely it happen on the time of after the halving times. currently, we are sitting at the bottom of the price with the range of 16-20k usd and we are now trying to break and test if the whales now are going for the mini trend line check with the price of Fibonacci sequence still need to confirm the golden rule line.

https://media.makeameme.org/created/what-is-this-c3fdbbba5d.jpg
source (https://makeameme.org/meme/what-is-this-c3fdbbba5d)

Enjoy, what is the profits for you in the first bullish as long as you don't ever sell all the bitcoins now there is still an even bigger bullish for us to wait for.

Don't listen to the guy who has been scoffing at you let alone telling you to convert to USDT he probably doesn't know anything about bitcoin so that's all he knows is fiat money you are better now surviving the bear market and now an early recovery but I hope to stay hold bitcoin or keep adding it so that your profit becomes even bigger.

Even though this is bullish I didn't sell a bit I am a HODler and I have strong hands!

Enjoy this music. LOL

https://i.ibb.co/8PQxySj/Screenshot-42.png
https://twitter.com/naiivememe/status/1616537432119476224

Lol,,, it's surely hilarious but, we've got to leave it to them.

I won't say I have experienced much of the bullrun but, I Sort of met it or noticed rather but, the bear market is one I felt it's weight and you seem to mutter a prayer unconsciously in your mouth each time you check the charts.

So having to see some pump as we have it now will definitely put smalls in the face of those that recently started holding but, for holders that have been around for longer, they know better and I think sooner, new investors would get to know that too.
So smile when you can at OP, it's not always an easy market out here.

I am a much older Bitcoin holder in relation (not that old, in reality, as there are those that have been here since the early 2010s), and I still get excited a bit when here is a market pump, even though I have no plan of selling.

About your emotion, you would never actually become immune to the market changes, or at least, I haven't. But you would develop a lot of insensitivity to it and would not react in anyway.

The market is not bullish yet, but whatever, it is going up and some investors like you are happy about this. Which is completely fine. But don't get too much excited yet. The market maybe in a recovery phase right now, wait till the bull run.
If its your first season holding bitcoin then you can enjoy this market situation. But don't sell now and make your bag empty when the real bull run starts you may miss the opportunity. Just control your emotions  ;)

I was also excited when I checked earlier today btc hit 23k before it went back to 22k+,and I wondered is still for real a bull trap? All I see is that the price just keep going up and up,so to me I almost concluded that the bull run is here but as expert says that bitcoin halving is next year and after that comes the ATH,so all I will do is to hodi for long.

I agree with you. It is too early to say 'bullrun', we are still far from BTC ATH. We can call 'bullrun' when BTC price is nearing its ATH. IMO, if it is above $50k, then we can call 'bullrun'. Well, the current increase is quite significant, the price is almost to achieve $25k but it is true that it is not so different from a few months ago. I still don't see a big increase in my Bitcoin asset.

True. It is just a pump, not the end of the bearish season.
However, it is normal if people expect/hope much. They already experience the reddish market for a year, now they really want to see a better trend in crypto market.

the bull run market is currently still in the early stages of refreshing, after what the market went through in 2022.
the next bull run market is expected between 2024-2025.
In the current year, it's better to increase the number of assets you have, or don't sell what you have, keep it up until the time comes for the bitcoin halving.

do not be consumed by the words of your friends, you better analyze yourself, with your own analysis you will be more confident and more satisfied with what you get.
Be yourself, must have your own principles.

and bitcoin is now down by 6.20 (00.27)%,
and became $ 22.7 thousand dollars.
hopefully will experience a better rise again.

I dont think that we are at bull run phase already. Maybe this is just a bounce or short term recovery if you look on the historical record and even the technicals we are still at a bear phase where some levels needed first to confirm and check before we can finally say its bull run season already.

Imagine the price of btc during bull run not even on its quarter price. So lets just keep watching and monitoring the possible market movement.

I don't think so that it is the bull run. Biggest bull run I think come soon. This is only pump not the bull run but you can hope that the bull run will come and I will suggest to hold more and you will get profit because I believe that Bitcoin will never disappoint to anyone if you are believing on it.

Bitcoin has had a good start to the year because the market is green. After the bears dominated the bitcoin market last year, this could mark the beginning of a more promising bullish trend. The opinions of these old members indicate that bitcoin enthusiasts are anticipating a major bull run in the coming year. However, I believe that a bull run could also occur this year, and then next year the highest bitcoin price will be broken once more. Anyhow, rather than worrying about how the price of bitcoin will change this year, I am accumulating as much as I can while it is below $25,000.

As long as you know what you're doing, no one can disturb you despite the differences that they may say about your accumulation. Don't let distraction stop your plans and executions of accumulations because that's going to give you doubt on what you have started.

Don't let also your emotions attached to the market but it's essential to have fun and enjoy the current run. But what I'm saying is be aware of any possibility that might happen to the market.

If you think that you're also good to take some profits, do it. But if you think it's not yet the time, let's all wait all together with the upcoming bull run after the halving.

The biggest mistake you can make at this stage is the desire to increase the number of bitcoins in your wallet by trading. Since you are a beginner, which is exactly what you are, since this is your first bull run, the risk of losing your money will be very high and holding is less risky in this case.

It's okay to feel excited about the price movement of bitcoin but don't get too excited about it all cos anything can happen in crypto. I wouldn't call this a bull run yet but rather a price recovery phase. You only lose in bitcoin when you choose to sell below the price you bought bitcoin.


It is not a wise idea to bring into play your emotions into your crypto investment. Crypto is a risky investment. Don't over-depend on it for your financial breakthrough