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Author Topic: How quick does the market grow during bull market?  (Read 320 times)
GeorgeJohn
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July 05, 2022, 03:39:37 PM
 #21

It's good that you were able to know and understand that patience is required in trading or even Holding cryptocurrency token as asset. For to get the belief that the market will bounce back you are already in profit, I am pretty happy for you for taking this solid decision of continuous buying at this dip. please keep it up the joy will follow it up letter.
for cryptocurrency generation and industry, you most summon courage of having patient and exercise much patient for cryptocurrency if actually you want to patterner and invest into cryptocurrency. Trading is one of the things someone have to learn and understand it's adoption and before going into it fully, because the features involves understanding and because of the nature of the market cap.

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July 05, 2022, 04:18:12 PM
 #22

You're doing great.

Mostly on the 2017 bull run, many didn't cash out and sold for profits and that's why for this recent bull run, I'm sure that many have learned their lessons of selling for profits.

It took most of us around 4-5 years until we applied that lesson that we got from the bull run of 2017 and bear market of 2018. Do not worry, you're already set based on what you've said for the long term.

Our investments through crypto won't grow just overnight, your success story soon will be one of the best when the bull's back.
If you are new to this market, people will expect that there will be more losses before you create gains in the market. However, your story seems different from them. I’m glad you know already the value of patience and persistency when hodling your coins for long term. But do not expect that the incoming bullish season will be here after a couple of months. Prepare yourself because it might only happen after a year or two, no one really knows. But once the bullish market is here, everything is profitable, most particularly for bitcoin if you chose to hold it for long term and never tempted to sell.
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July 05, 2022, 05:39:27 PM
 #23

I have so far invested £4,500 and my portfolio is down 45%. I have not sold any of my positions and have kept buying at these low prices with the intention of holding until the bull market comes and I can cash out some nice profits.
I am quite surprised that you started just in February and you did not panic or sell when the plunge/crash began, it is a very good choice, but not one that newcomer investors take quite often, many newbie investors are into the get rich quick reverie, and thus they can't handle a plunge/correction phase, either they sell or they fall seriously sick over the dump. It is pretty much good you did not of that, considering the fact you have also invested a large sum of money, at least to me. Bear periods are pretty much a favorable time to accumulate more Bitcoins, but sadly quite a lot of people are always too scared to capitalize on the opportunity.

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July 05, 2022, 09:03:07 PM
 #24

I have so far invested £4,500 and my portfolio is down 45%. I have not sold any of my positions and have kept buying at these low prices with the intention of holding until the bull market comes and I can cash out some nice profits.
I am quite surprised that you started just in February and you did not panic or sell when the plunge/crash began, it is a very good choice, but not one that newcomer investors take quite often, many newbie investors are into the get rich quick reverie, and thus they can't handle a plunge/correction phase, either they sell or they fall seriously sick over the dump. It is pretty much good you did not of that, considering the fact you have also invested a large sum of money, at least to me. Bear periods are pretty much a favorable time to accumulate more Bitcoins, but sadly quite a lot of people are always too scared to capitalize on the opportunity.

Before I started in February I did a lot of research and watched a lot of videos and one thing I learnt quickly was you only lose when you sell. Yes I may have to hold for another year or two and my portfolio may go down to 60% loss but what is the point of selling, just hold.

I have heard Bitcoin predictions from £250k -£1m by 2030 so lets say £500k is realistic, we will all be well in profit if we accumulate now at these low prices and hold.
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July 06, 2022, 01:56:37 AM
 #25

what are you doing in Dollar Cost Averaging is good choice and how quick bull market is hmm bull market usually happens very quickly rather than the bear market is

before bull market happens accumulate is occur first

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July 06, 2022, 04:21:32 AM
 #26

Remember in 2017, Bitcoin grew to $19k from $11k within a week, Altcoins pump 20-30% every day, if significant news they could also double.

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July 06, 2022, 04:47:47 AM
 #27

I understand none of us know exactly when the next bull market will be here but I am just wondering if anyone could give me their experience with what it was like during previous bull markets and how fast we can expect our investments to grow again?

This is my second bear market experience in the space, the first was in 2018 after the 2017 bull cycle. Something I have learnt is that majority of the coins currently been hyped won't have same hype next bull run which is why you don't have to buy into their hype right now. I don't know the coins you're holding but just know they mightn't recover. A new wave of altcoins would be introduced into the market just as we didn't have Defi, gamefi, metaverse categories in previous bull run so be cautious of your investment.

We have coins that have a history of recovering and the chance of them still existing by the time the next bull market come is high which are Ethereum and Bitcoin. This coins buying them now can give you 2-5x in the future. Investing in those instead of the thousands of shitcoin out there would be more safe. The bull cycle usually comes after Bitcoin halving has been completed so don't be expecting the bull market fully anything soon.

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July 06, 2022, 01:10:11 PM
 #28

Hi ,

First started crypto in February this year so am new to all of this and the current bear market we are going through.

I have so far invested £4,500 and my portfolio is down 45%. I have not sold any of my positions and have kept buying at these low prices with the intention of holding until the bull market comes and I can cash out some nice profits.

I have been dollar cost averaging the last 5-6 weeks since we had our first real crash in May which means I now have pretty good average buys for all my holdings so hopefully when the bull market does come again it will take no time at all for me to be in profit.

I understand none of us know exactly when the next bull market will be here but I am just wondering if anyone could give me their experience with what it was like during previous bull markets and how fast we can expect our investments to grow again?


Maybe try to see the old data's of past bull run so that you can search those important information you need, also by reading it for sure you can get an idea on how fast the price pump when bull run happen. If you ask people here for sure you will get different opinion and sometimes you will not understand clearly why such thing happen.

Data's is available everywhere so best to search since you can learn something by doing those things.

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July 06, 2022, 06:33:05 PM
 #29

I understand none of us know exactly when the next bull market will be here but I am just wondering if anyone could give me their experience with what it was like during previous bull markets and how fast we can expect our investments to grow again?

This is my second bear market experience in the space, the first was in 2018 after the 2017 bull cycle. Something I have learnt is that majority of the coins currently been hyped won't have same hype next bull run which is why you don't have to buy into their hype right now. I don't know the coins you're holding but just know they mightn't recover. A new wave of altcoins would be introduced into the market just as we didn't have Defi, gamefi, metaverse categories in previous bull run so be cautious of your investment.

We have coins that have a history of recovering and the chance of them still existing by the time the next bull market come is high which are Ethereum and Bitcoin. This coins buying them now can give you 2-5x in the future. Investing in those instead of the thousands of shitcoin out there would be more safe. The bull cycle usually comes after Bitcoin halving has been completed so don't be expecting the bull market fully anything soon.
I definitely agree with this. There will be a new batch of new altcoins that will be given a chance to rise and by hype when the next bull run arrives. I think past altcoins that is hyped last bull run can possibly experience a major price pump depends on the progress they have on this bear market.  So it would be smart to be selective on recent coins that will continue to offer their utility on next bull run. We should expect a new trend in the next bull run, There will be new concept that will arrive in this bear market and those concept are the one that we shall focus on.
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July 06, 2022, 09:37:40 PM
 #30

Hi ,

First started crypto in February this year so am new to all of this and the current bear market we are going through.

I have so far invested £4,500 and my portfolio is down 45%. I have not sold any of my positions and have kept buying at these low prices with the intention of holding until the bull market comes and I can cash out some nice profits.

I have been dollar cost averaging the last 5-6 weeks since we had our first real crash in May which means I now have pretty good average buys for all my holdings so hopefully when the bull market does come again it will take no time at all for me to be in profit.

I understand none of us know exactly when the next bull market will be here but I am just wondering if anyone could give me their experience with what it was like during previous bull markets and how fast we can expect our investments to grow again?

The last bull market was not really much profitable for me because i never sell a lot. But for others, i'm sure they made a lot of profits that time. And if you expect that investments will quickly grow, no, you will only see their growth and progress gradually if you consider them for long term investments, which means you need to buy at its cheap price and hold them for long like a year or two. That way, you will make tons of profits if you sell them when there is bull run.
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July 06, 2022, 11:20:56 PM
 #31

snip~


Maybe try to see the old data's of past bull run so that you can search those important information you need, also by reading it for sure you can get an idea on how fast the price pump when bull run happen. If you ask people here for sure you will get different opinion and sometimes you will not understand clearly why such thing happen.

Data's is available everywhere so best to search since you can learn something by doing those things.
Even having those data in our hands, we still, never can tell what gonna happen next. We also have to remember the volatility of the market, things will change apparently which is why I don't consider the past as my basis for the future. SO, instead of being bothering ourselves and thinking about that, we'd rather wait and help ourselves prepare for it.

You better grab your bag OP and fill it. The market will soon recover, and you neither miss the opportunity given at this time.

R


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July 06, 2022, 11:53:22 PM
 #32

Sometimes we are even very surprised by the price difference from one hour to the next. sometimes the increase or decrease occurs very drastically in just a matter of hours. That's why many people suddenly get rich suddenly because of a very fantastic price increase. or vice versa, many also lost and lost their money due to a drastic decline in a very short time.
And regarding the increase during the upcoming Bullrun, it may also take several stages while there is still market correction. It could happen in a few months for the long term.

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July 06, 2022, 11:54:37 PM
 #33

As far as I can remember, back in 2017, the price of Bitcoin during the first quarter of that year was around $4,000-$5,000. On the last quarter of that year, its price skyrocketed and reached an ATH of $20,000. Though that may have been the case, every reason for a bullish run is circumstantial- meaning that the prices may increase or decrease further depending on the circumstances that may happen this year.

But I do commend you for not panicking and selling your investments even if you are down by 45%. Most people in your situation would have panicked and claim that investing into BTC would be considered a "scam."

R


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July 07, 2022, 02:23:55 AM
 #34

A bull market will definitely happen, we just need to wait and be prepared with the assets we have bought.
The current market price cannot be said to be the lowest price, because the current market sentiment is still not good. Therefore, doing money management is very important in case the market is not as we want it to be. Exiting the market to avoid panic may be an option, but remember you have to keep monitoring the market from time to time and determine the target price to be achieved.
That is correct.
For now, with the market turmoil that is still uncertain, we must be careful in determining when to enter the market, when to leave the market, and when to buy and sell.
By managing money, we can hope to use it properly and correctly so we can buy at the right time.
If we can use it now, we can sell when the bull market comes and get big profits later.

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July 07, 2022, 03:53:48 AM
 #35

In the bull market, the price slowly moves towards the upper levels, or we can say, small dumps and big pumps. While exact opposite happens in the bear market small pumps and big dumps.

That's why it is always said that buy in bear market and sell in bull market. Buy the fear sell the fomo.

Right now you are only down 45% which is not so bad as I see on twitter people are down to 80-90% who invested in new projects or shitcoins.
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July 07, 2022, 10:50:00 AM
 #36

snip~


Maybe try to see the old data's of past bull run so that you can search those important information you need, also by reading it for sure you can get an idea on how fast the price pump when bull run happen. If you ask people here for sure you will get different opinion and sometimes you will not understand clearly why such thing happen.

Data's is available everywhere so best to search since you can learn something by doing those things.
Even having those data in our hands, we still, never can tell what gonna happen next. We also have to remember the volatility of the market, things will change apparently which is why I don't consider the past as my basis for the future. SO, instead of being bothering ourselves and thinking about that, we'd rather wait and help ourselves prepare for it.

You better grab your bag OP and fill it. The market will soon recover, and you neither miss the opportunity given at this time.

No one can predict even how you study but atleast you will get a confidence on what will happen on future unlike if you don't do any research and just rely only on the news or sentiments of the people for sure you will not get any clear insights  since most provably the one you get are those people who got afraid then might it will contribute to your fear factor then dump immediately what you own at that time.

So research is one good step to take for future use.

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July 10, 2022, 08:52:03 PM
 #37

Well let’s go back to the most recent bull run, i think it also caught the interest of non-crypto Enthusiast, what I can say is that it sometimes swift and just keeps going up, the bull run presences is very obvious and even Alt-coin partake in it as we saw in the case of Doge coin, but you must also understand that some projects/coin may not positively reflect the bull run and that’s why what you holding matters comes to play, as a Newbie don’t think you can get any Alt-coin because it’s cheap and during the bull run you would cash in on it, do a sound research always.

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July 11, 2022, 10:35:38 AM
 #38

The same way we experience long candle sticks push prices downwards same when longer candles push prices upward during bull market. If the bull trend begins we will start seeing consecutive long candle sticks frequently appearing on the Bitcoin price chart at intervals. The more this longer candles form the higher the chances of welcoming a bull market

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July 12, 2022, 01:29:36 PM
 #39

Let me quickly add this; I hope the coins or tokens or you are doing daily cost average are not shitcoins? The reason behind it is for your future return on investment. Most altcoins are a disaster if you hold them, some will bounce back after the bear market and many of them die and the few that do recover don't usually break the resistance of previous all time. If you happen to buy from the top to the bottom, you may likely not get back much profit that is why it's always advisable you buy and hold on to bitcoin.

One thing you should know again, bitcoin has never experienced this kind of growth, the institutional investors and the price discovery($67k), within last year and this year, lots of circumstances have happened that led to the heavy correction of the market, some protocols have become insolvent and now BTC is below 200MA for more than a week for the first time, you see why you need to relax, patience and be optimistic. If possible buy keep buying BTC and hold them in a cold wallet.

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July 12, 2022, 01:46:22 PM
 #40

I don’t understand why people sell at a loss and I would rather hold. Being 45% down right now is not ideal but I want to hold for 2-3 years at least and by then should see good amount of profit, especially if I keep buying at these lower prices which I plan to do.
I sincerely hope all that you're hodling is Bitcoin though? That's the most guaranteed to bounce back from a big fall. Otherwise, you may want to reevaluate your portfolio. To hodl altcoins for long term you've to be too certain of their utilities and the roadmaps they're on to so you don't end up bag holding. For those who sell in panic, there's a solid reason they're in the market; that's to enable those buying have enough coins to buy. Without sellers at a time like this, those who are skilled at making buy entries wouldn't get an opportunity to buy cheap.

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