Bitcoin Forum

Everyone is so excited about the bull run because we hope to make some profit. But I just want to say that this bull run will not be the best bull in the Bitcoin circle. There are still better days ahead, so we shouldn't just plan for this present profit without preparing for the future. Let me group Bitcoiners in this bull run thus:

1- Long term hodlers
2- Medium term hodlers
3-Traders

1. Some of these long-term hodlers don't have any plans to sell. Some of these are selling just a fraction of their Bitcoin for personal reasons. These set of people are more concerned about the future price of Bitcoin. They believe that there will always be a new ATH in several future bull runs

2- These sets of bitcoins are always targeting to make a profit every four years. Some of them use the DCA strategy to buy for four years and they sell during bull runs. After selling they can use the funds to invest or solve a need and will start DCAing for another four years.

3- Traders are people who target to make a profit from Bitcoin within a short period.

However, my message is that as you are making a profit from the market this period don't forget that Bitcoin has better days ahead. So ensure that you have plans for the next four years.

I fall in the second category and I have plans to replenish my wallet as soon as possible if the price is good. For me I am not only going to depend on DCA, lump sum will also be considered.

Apart from the normal Bitcoin circle that has proven to come with a bull run after the Bitcoin halving, everyone has his own personal plan as to when is the right time to take out his profit from his Bitcoin investments. For some that are barely a year or even less than a year old, the bull run only encourages them to keep on holding their Bitcoin and reassures them of the future of Bitcoin.

Traders generally have little or nothing to do with bull runs because they are too short termed in their strategy and don't even buy too much Bitcoin that will make the bull run of benefit to them. Bitcoin investment has always favored long-term holders and if they have been in the Bitcoin ecosystem for previous circles, they probably are in a better position to know if it's necessary to take profit during the bull run or to slow down in their DCA or to remain consistent in Thier buys. The longer you've stayed as a Bitcoin investor, the easier it is for you to make better plans in preparation for the bull run, during the bull run, and also prepare for what will play out after the bull run.

As you have said, this may not be the best since it's not going to be the last bitcoin circle we are going to have, but it can also be the best once ahead the precious ones we have been seeing, if we are investing, then we should take it serious and more carefully, we should set a target to meet in other to achieve having a profitable season along with the bitcoin post halving and market circle we are in, because many will soon appreciate every of their decisions made on bitcoin investment before the year runs out.


Find and locate what is good for yourself as a bitcoiner, we need to invest and also look into the aspect at which we could make performance in and where to realize more profits base on our expertise, which is going to be what will make us have more suxx in which we go for.

Having a long term goals and plans is very important for bitcoin holders regardless of the time frames and what the price of bitcoin can be, I don't quite agree with the term that says that you should not sell you bitcoin at all time high, because there will be more all time high in the future, this format may make investors to miss out in the volitility advantage in bitcoin.


Let say for example, a long term holder can sell off his bitcoin holding in 2024 all time high and still have opportunity to buy back at a much lower price in bear market at anytime before the next all time high again, that way the investor will be benefiting from the all cycle bitcoin market movements.

You’ve mentioned three ways that bitcoin investors enters the market and also plan to exit the market when the right time comes for them. This might be the only ones you’re familiar with because I think they will be other several ways investors take advantage of the market and unknown to others.

Everyone is investing in order to be profitable and with only this three methods, it doesn’t look conducive enough to accommodate all investors without finding an alternative which is unnoticeable to others when they’re taking their profits.

The effects of whales is well know in the bitcoin market and a wise investor will always look for means to avoid them when coming and also embrace them to their advantage when the time comes. A lesson learned is the best of knowledge and a post-bull run plan is not something to joke with if you’re in for this for a forever time to come.

You right but we must learn to respect individual choices and what they intends to use their bitcoin for most of them could target immediate four years circle to always make their profits from the market after which they face their real life problems. Sorry to say let me use this scenario to explain little about how most people behave in the market; we have gamblers who only have been praying for a fortune to hit a jackpot and make millions and billions of dollars after which they established themselves, although some of them can still gambling but would reduce their interest since they had already gotten what they wanted. Same it's to those who are investing and doing DCA in the market, they only wait for the best chance to take the profits they had ever wished on after which they sort their real life issues and lose interest in doing DCA or whatever. However there are people who actually meant to hodl bitcoin for long and they respect the future of bitcoin and to what it would hold or give birth to.

That's mean you have sold your bitcoins in the (near) before or after the halving, is this a good step if you want to refill your bitcoin balance in the next 4 years?

Assume that you sell it at $70,000 and in a few days bitcoin goes to $90,000. Then you get FOMO & buy it again because there is unexpected good news coming that might make bitcoin go to $120,000 - $150,000. Aren't you already at a loss here?

Being a diamond hand is the main key to success in bitcoin investment, even if you use your $1 for DCA every day, it will be big if you don't sell it until you feel it is worth selling.

One thing I learned though in the bull run that I so far experience here is that,

a. Don't sell everything that you have accumulated in a bull run, at least spare some and let that be the based of another accumulation period. Because for me, you should start as some point again and keeping some from the previous bull run, it could motivate you to save more.

And again, just look at the bigger picture, it will be another long 4 year of accumulation period, but it's going to be worth in the long run.

After a bull run, it's not be happy days, months about 2 years for Bitcoin holders if they don't take profit along the bull run and are greedy too much to wait for higher highs after another. Their greediness does not stop but increases with time and they miss chances to take profit in a bull run.

After a bull run, a bear market is great for experienced Bitcoin investors who take profit in a bull run and wait for chances with many months of bear market to accumulate bitcoin again.

Two types of investors have different strategies and the first type will not be able to accumulate bitcoin in bear market. They mostly spent all money they have in a bull run and will need to sell bitcoin in bear market to have cash. If they don't have withdrawal strategy, they will have to sell bitcoin in bear market.

[ANN] JJG Sustainable Bitcoin Withdrawal Strategy (https://bitcointalk.org/index.php?topic=5479482.0)
https://bitcoindata.science/withdrawal-strategy

We can learn everything, but I myself often do short-term (scalping), medium-term, and holder trading. At this time, the market has provided many facilities. Such as Future, Margin, Stake and other programs. So no matter what the conditions, those who understand it can be a strategy to make a profit. So even after the decline period comes, we can still trade futures or margin. But of course this must have good expertise and emotional control. There is no need to worry that in history, bearish times are always followed by bullrun periods.

There are those who come and go. There's even an economics professor in one of the most trusted universities here in my country who prefers to invest, wait for a moderate increase in the price, and pull out regardless of the prospect in the near future. Such approach seems practical.

Although it isn't my cup of tea as I'm basically a hodler, I also don't think he is wrong in what he does. These people are giving more weight to moderate yet certain profit rather than a bigger yet uncertain one. They don't have the greed. Unfortunately, they also don't have the belief that Bitcoin is going to explode more in the future.

If we were to look only from the perspective of profit, then it is clearly visible that the price increase after the halving decreased each time. After the halving in 2016, the increase was about x50, and after the halving in 2020, it was only about x3.5. No one knows what the future holds, but it seems unrealistic to me to expect price increases in some big numbers - because if we take the last ATH, just a x3 increase would take us over $200k.

In any case, it's good to have some kind of plan, because life is short and you should live it as if every day is your last - what's the point of money if we don't spend it on the things we need?

It’s ridiculous hearing statements like this about holding bitcoin. At times, people assume that we are going to hold this bitcoin forever without taking profits when necessary. I know people have different reasons for holding their bitcoin but it all revolve around making a profit at the end. As long as bitcoin exists, we will be having an all time high but that shouldn’t make us to overlook the present opportunity. Taking a profit doesn’t mean one have to sell all his coins, you can take a profit and still have a portion of your coins remaining to continue holding and top it up again during bear market.

Every bull run is unique and IMHO, the current one is always the best. So, it makes sense if this isn't going to be the best compared to the future and upcoming ones but if we'd talk about the current one, we'd see how it will be the best.

I agree, those who don't have a plan to exit this upcoming bull run will need to plan for the next 4 years. And that is because I've talked to some people that are not relative to me nor friends but they've said that this might be their last bull run and instead of planning their future, they're planning their exits.

Both strategies are good, it's that DCA is the most common. But everyone needs to do what they're comfortable with and sometimes, lumpsum is very convenient when you don't want to invest your money to something else but Bitcoin.

 First, you need to think about where Bitcoin can grow, I assume that it will not grow much above 100k, in fact, even growth to this value would be very good. How to proceed after this, probably sell and wait for some time, some part can be spent and the rest held back for the next bear market. Continuing to hold btc may not be the best decision because if you enter a bear market with Bitcoin, you will most likely have to suffer losses and wait again for several years until the next bull market comes.

I am more inclined to do DCA for a certain period. but I have difficulty selling the Bitcoins I have. Sometimes I also feel like I'm the first choice.
but I also trade even though it is not as intense as daily trading. short profits are actually not a problem for me because I actually differentiate the investments I collect from the assets I trade.

To be honest, I'm more comfortable with investing, but with trading, I just want to develop the assets I have with all the opportunities that exist.

I also fall into the 2nd category. Buying for most of the time then selling it at the 4th year.
I don't want to tell something about the 1st category, but who in the hell here are buying Bitcoin and they have no plans of selling at all? Is there anybody here who sees Bitcoin as like a thing that has sentimental value for them that they don't want to sell it anymore?

I fall into the 2nd category because I do DCA during the 1st to 3rd year and then I will sell it on the 4th year or when the bull run starts. Of course, that doesn't end there because you will just repeat the process. Rinse and repeat. Do that every 4 years and you will get profit in the long run. Holding and not selling it for life is just pure stupidity for me because Bitcoin is an asset, and we are buying an asset for the sake of earning more money.

Trading is for me, the thing that I will not do anymore. I've lost a huge amount of money from it, and I don't want to lose more.

Funny enough, some do not even belong to any of these categories. Within the space of four years, they would have bought and sold their coins countless numbers of times to offset personal needs and these people can not really be tagged as traders. The most important aspect about having a post bull run plan is having a reserve somewhere or a different source of income that can enable one really stick to their plan of either being a long-term holder, medium term hodler or even a professional trader without having to "withdraw and replace" bitcoins unnecessarily just to pay bills and meet up personal needs which often makes them get very low returns on their investments.

Before anyone decides to settle for a category or plan, they have to be sure they have everything in place to enable them stick to the plan .

Knowledge is very profitable and it also helps to achieve what we have set up on ourselves, when making an investment, we must see to all the available resource and ensure we acquire all the needful plans in other for us to be able to acheive the essence of the bull season, this time must be seen as a period in which we ah e to take more precautionary caution for us to be able to make the necessary profits over what we are investing because at this same time some may be making loses when they are not doing the right thing with their investments entry and timing.

It's not that people who don't hold long don't believe that Bitcoin will go higher, there are a lot of people who know that Bitcoin's future is great, but they also know that there is no fixed timing for Bitcoin to go higher, so they know that there is no trust in life, just like there is no trust in anything in trading, so they understand this better than waiting. They keep making profits at the same time because you know that there are ups and downs in the crypto market, it never stays stable or moves in the same direction, so it is better to make profits at the same time instead of waiting.

I don't blame people who wait too long. Waiting too long and selling early is another difference between the two how much budget you have and how much savings you have. How long can you hold on to your money? People who can't wait that long because they don't have enough savings to hold on to for years.

From the post-bull run plan you listed, the second category is where most of the bitcoin investors belong, including myself. We go with the flow of targeting every four years profit since the crypto market has its time of green candlelight and red zone. Towards the red zone(bearish market), we buy bitcoin at a low price, and at green candlelight(bull run), we begin to sell our Bitcoin, believing the fact the market will go bearish further times. This makes it the perfect entry for them to sell off their bitcoin holdings before the bearish take a big hold on the market because hodling bitcoin further will make the investor lose better selling opportunities to sell bitcoin at a very high price

I'm a medium-term holder and DCAing (Dollar-Cost Averaging) is a big part of my strategy. But in my early years with Bitcoin, it seemed like I fell into the first category, where I really had no plans to sell because I just wanted to collect and save. I would only sell a little when I needed money for expenses, and I still had a lot left until it increased again. Back then, I believed that the price would always go up. But now, I'm waiting for the bull run and plan to sell when it reaches the all-time high.

Given the pattern of the Bitcoin market, the post-halving event will bring us a Bitcoin bull run that records its new ATH. After recording the cycles ATH, the Bitcoin market will enter a bear market.  This is an indication that along this pattern profit can be repeatedly made.

I plan to sell any coins holding when the market is in a bull run, if possible, I will sell at near cycle's ATH price.  Then after selling I will observe the market and wait for some months after it enters the bear market.  Set a reasonable and realistic target buying price and start to DCA from there to re-enter the market.  This way I can replenish my holdings and can even bag more than what I had sold.  Wait for the next bull run.  Rinse and repeat.

It isn't that complicated to follow the market trend, what one need is updated information and patience.

With previous cycles, Bitcoin makes its new all time high and ATH or a new cycle many months before a halving day. In this market cycle, things are different because Bitcoin already made its new ATH that is a first time ever in its history. This makes people fearful that whether Bitcoin already completed its bull run and next months will be bearish.

You never can identify the ATH and finding it is impossible and unrealistic so your are planning well by only want to sell near ATH.

By waiting some months, you are doing smart or selective DCA, not traditional DCA but it's good, not bad.

If you want to be too selective with entries for DCA especially when you start your DCA for a new cycle, you can wait more than 1 year after the ATH, to start purchasing. Bitcoin bear market often lasts for two years and by waiting one year after ATH to start buying, you will purchase around the bottom range.

I choose the second category because I can make a profit from my investment and I have a chance to re-start my investment in the next cycle. That will happens to me for some time in the Bitcoin bull run cycle so I will make sure that I can make a big profit in the next bull run cycle. But I also trade for some time if the market shows a good movement and I can take my part to make a profit. This year gives me a good chance to make some profit although I still gets lose for some trade but the progress is good for me.

I am trying to be a long term holders by holding for some Bitcoin in my wallets and while I choose the second category, that will helps me to increase my Bitcoin amount. DCA is the best for me because that helps me to accumulate more Bitcoin.

Some people who invested late are still not sure if the bull run has come, they are still waiting for Bitcoin to get another ATH that will be close to $100, and most of the investors just come because of the halving with huge expectations in their minds, yet Bitcoin price has not gone up to their expectations.
Some people do take their profits to do something for their plans for some time, while people who use DCA are not to be worried because they are not taking all their money to invest.

Same here because I don't have enough capital to invest for long term due to my financial status, I only use DCA method, and sometimes hold as much as I can when I have money I am not using.

I consider these people more like speculators rather than investors. If an investor already did due diligent research before investing, good knowledge on Bitcoin historic market cycles can help that investor to be confident with his investment, be determinant of holding and for more than only one cycle. My belief is Bitcoin makes new ATH for each cycle so if I miss chances to take profit in one market cycle, miss its ATH, I can hold and wait for next four years with a next cycle, to take profit at higher price than this cycle ATH.

This belief is based on history of Bitcoin market cycle and with a big assumption that history won't be changed.

I guess I fall in the first category currently but I plan on to move to the second category.
I am waiting for the next pump in the market and ready to sell my stack.
The plan is to sell and then buy back when the price falls back lower.
I am assuming it will take around 5-6 months for the next ATH.

Whenever Bitcoin prices dip and I see people complaining I always wonder why they complain that much, especially people who have money to buy. I understand that we all want Bitcoin to be bullish so we can make more profit on our investment, but we also have to turn a negative situation into a positive one. Bitcoin dip is an opportunity to buy Bitcoin at a relatively cheaper rate.
Now when the bull run is here, always have in mind that a time will come when the price will drop and while people are panic selling, don't be among them. It's okay for you to feel emotional but it will do you well to hold and if possible more so you can make more profit.

They complain because they kept hodling and regret not having sold at the peak. If they didn't sell, chances are that they have no money to buy the dip either.

It seems easy to time the market, but it isn't. Those who sell early miss the train, and those with strong hands may have to wait for the next cycle if their expectations where not met and waited for too long. The most comfortable position is that of the one who doesn't need the money, so can wait, and have recurring income with which he can invest if the price drops a lot; but I'm afraid that too many people need the money and they see their short-term dreams disappear when they get caught by the bear.

So many investors we have in the markets currently do not have a post bull run plan because they think the market will continue favouring them without knowing that the market is not just for the lazy once that are in the market to make quick money and leave immediately. A lot of investors and traders would be taken unaware by the time we enter the bear market. A lit is going to happen that is going to make so many people lose trades because they do not have plans for the bear market that might come anytime soon. We all have been anticipating on the price of Bitcoin to reach 200K so that we can all make money from our various investments without looking back whether the price of Bitcoin could go back to the bear.

Well you are right because we cannot force people to choose a particular strategy, so any method that works better for them they should go for it, so if you see that short-term is more profitable for you based on your trading skills is actually cool but however I would also advise that while focusing on scalping the market you should also make a provision of investing some certain amount for holding because that way you can be regarded as a long term holder and also a short-term holder because the good thing about it is that whichever way the market moves you will still stand a good chance on the market because you will have have a diverse source, however this is actually the method most people has been using by doing there normal trading and at the same time investing using DCA for holding.

When you say this bull run will not be the best bull run, what do you mean exactly because if you're using the percentage gain on investment to classify bull runs, we already had the best bull run when Bitcoin did incredible numbers (ROI) few years back that it'll be impossible for the market to recreate because the best we can be getting from the market now is 2x, 3x and we can't get the 5x/10x we use to have before but if your referring to the peak price of Bitcoin then we'll always have higher peak as the bull market keep coming. For me every bull market is the best because you never know what is ahead and you don't know if you'll be alive to see it but I don't wish that on anyone only just being realistic.


Same message we're all saying, buy and hodl don't sell under pressure or any circumstances. Don't only have plans for this bull market, plan for the next and others to come. Plan like you'll live forever but also know that anyday can be your last day on earth so also plan for that too by making sure your heirs will benefit from the bags you're accumulating incase you aren't around anymore.

Even as it is, yet to get involved investors already think the price of Bitcoin has grown too high and it could explode like an inflated balloon. For this, a lot of users exercise a great deal of skepticism towards Bitcoin which would in a way prevent them from investing.
Should we be expecting that at every bullrun, the price of Bitcoin would sky rocket, it would seem like we running some scheme that takes money in circles and Bitcoin isn’t about that. Am okay with Bitcoin having to take its time and grow at a some worth regular pass, not really having to make 2X or 3X of a formal price from the previous bullrun.

Bitcoin price will continue to dip because there's presence of heavy volatility in the market, which also affects other projects. Why complain when we already know the up and down of the crypto market. One thing is simply sticking to crucial foundation, we should be able to place ourselves and brains on the heightens foundation of the market, knows the basis before going all full in the market.

I personally like point 1, I am a beginner who is just starting out in my investment, accumulating bitcoin which is currently in a bull run, does not stop my intention to buy with the DCA method that I am using for now, the long term is my initial target and if I stop or temporarily stop buying for now it will slow down my planned bitcoin buildup,

point 3 for now, I don't really understand how the game works, for now I will avoid it first,

You are right my dear friend Bitcoin fast price growth can scare off new investors. They might think it is bubble that will pop soon. This fear is normal as Bitcoin ups and downs can be scary. But I also agree with you that Bitcoin value should grow slowly and naturally without sudden jumps. If it grows steadily people will trust it more and see it as reliable way to store and exchange value. This steady growth will help Bitcoin succeed in the long run.

Regardless of the strategy which a person is using, I believe the whole thing balls down to making profits in the end, One thing is for sure, everybody aren't going to do same thing, So people will invest in the way that suits them,  There are people that bought Bitcoin for retirement sake and nothing concerns them about bull market and bear market until when their retirement age has come, whereas most are into Bitcoin for the short term volatility gains,  To me I love taking out some profits a long the line way and I have a percentage amout of Bitcoin that I don't usually touch regardless of the phase of the market, Bull or bear.

Only people who are new in business worry about the price going down. Experienced bitcoin holders Will become aroused since you know exactly what to do, and it will be more than that by the deep, as experienced holders are intended to do. Because you continue to worry about the price while others are busy planning how to get more. Everybody wants to make profits and there is no way you keep making profit in your investment. There will always be a time when you encounter the bear. But people always fail to understand that portion. All they want is profit. Always.

I know that the further we go, the more we will learn, because you will reach a point where you will not always be thinking about profit, but how to gather, should be their priority instead of crying about the money that they will eventually recover from the markets, so what are they supposed to do to focus or out to get more bitcoin and make more money when the markets recover?

Being in the first category comes with a lot sacrifice and if you’re not willing to take on those sacrifices, you can’t be able to hold bitcoin for that long. You also need to have this enthusiastic mindset before you can be able to hold for that long, you’ll only not be hoping but be fully sure that bitcoin will attain a new all-time high after a certain period of time which cannot be compromised every cycle its about to to happen.

The medium holders are those that are found mostly in the market, they also contribute to some percentage of holder of bitcoin in the market but are far not worth the amount that long term holders put into the market. They’re the whales and have significant impact in the market more.

The traders will only come to look for profits at any given opportunity. They take the highest risk and could make more money in crypto than those holding intermediary or for a long time. The concept is just to have what it takes to understand and predict the market well in your favour.

All of the above stated are good approach to Bitcoin investment and profit targets, what we should look at now is that which can be tailored to fit our  style and pocket as the case maybe. If you can recognize that which fits you the most and makes you profitable without having to stress so much, then you can make a pick off it and then proceed to plying that path of investment and making profit from Bitcoin nevertheless don't forget to always make sure to properly manage your risk so you don't get caught up at any point.

I don’t really know why most people just focus on this bull run alone, and they don’t even think about how things will be after the bull run. I do tell people that everything about bitcoin doesn’t end after the bull run, even when the bull run is over, bitcoin will keep on growing, and we still have a lot of surprises from bitcoin even after the bull run. So if we are planning ourselves, then we should make sure that some of our bitcoin should be for bull run, while the rest should be left in the wallet for future purposes.
 
Some people who sold their bitcoin earlier will regret why they did that, because if they are still holding, then they will have made much more profit, so we shouldn’t target only the coming bull run, we should think about the growth of bitcoin even after the bull run.