Lessons Taken from Previous Bull Markets: How Will Your Approach Change?

[Distinctin]

I don’t think I need to change my approach when it comes to bullish market. I have gained decent amount on the previous bull runs, so there’s no missed opportunities I guess. However, if there’s one thing if ever, that is to maximize my bitcoin accumulation when the market is still bearish so that I can also reap maximum profits from selling my bitcoins. But I don’t intend to sell all of my bitcoin, probably sell a major portion of it and then leave some of them for future profits. I know bitcoin price increases more in every bull run, so after selling, I’ll just wait for another bearish market and buy back a lot of cheap bitcoin.

[BlackBoss_]

I don’t think I need to change my approach when it comes to bullish market. I have gained decent amount on the previous bull runs, so there’s no missed opportunities I guess. However, if there’s one thing if ever, that is to maximize my bitcoin accumulation when the market is still bearish so that I can also reap maximum profits from selling my bitcoins.

If you have very long term vision and plans for your investment in Bitcoin, you can continue your accumulation, DCA in bear market because you don't plan to sell your bitcoin in current bull run. However, if you want to sell it in a bull run, it's not good idea to continue accumulation it.

I know we all can not know when market will make its top but checking past bull runs, it's unsafe to continue your accumulation after a past all time high is broken out like 6 months. Around 6 months after a break out, you can stop your accumulation and consider selling. It can not be a top price but is a top price range that is good to take profit.

But I don’t intend to sell all of my bitcoin, probably sell a major portion of it and then leave some of them for future profits. I know bitcoin price increases more in every bull run, so after selling, I’ll just wait for another bearish market and buy back a lot of cheap bitcoin.

That's good plan but in a bear market, it's not good to start accumulating too early. I think we can wait one year at least to consider buying bitcoin in a bear market and wait for a new bull market.

[yazher]

What I can say about this is stop panicking whenever the price of bitcoins decreases so much in the time before bull runs because that's the traditional way before the bull runs start and you won't get any chance to buy again because, after that, the price will continue to rise until it reaches a new ATH. Whatever happens, just focus on your goal to achieve and ripe as much income as this upcoming bull run just be patient and persevere on everything.

[darkangel11]

The only things I've learned from the previous cycles is that bitcoin is the king and all the rest are shitcoins that come and go and that there's no bad moment to buy bitcoin, as it eventually surpasses all earlier highs in a perpetual uptrend. There's really no special plan or anything, but being stubborn and patient when it comes to my bitcoin.

My strategy is to buy as much as I can of this great thing and hold it for as long as I can because...
It's going up up forever Laura.

[dunfida]

The crypto world has seen some really exciting bull markets, and right now, it looks like we might be gearing up for another one. Whether you've been trading for a while or you're new to the crypto scene, it's important to take a moment and think about the lessons we've learned from past bull runs.

Looking Back: The past bull runs have been full of excitement and sometimes nerve-wracking moments. There's a bunch of stuff we can learn from those times. Remember the big runs in 2017 and 2021? And even the recent ups and downs? What did you take away from all of that? Maybe you realized how important it is to set clear goals for how much profit you want. Or maybe you saw that it's a good idea to spread out your investments and not jump into things just because others are. Let's talk about what we've figured out so that others can learn from us too.

Getting Ready for the Next Bull Run: If there's another big run coming up (we hope so!), it's a smart time to think about what you'll do differently. Are you planning to keep your investments for longer and not sell too soon? Or maybe you're thinking about taking some money out at certain points? Do you have a new way to handle risks in mind? Whether you're into looking at charts, doing research, or just keeping a cool head, lots of us would love to hear your thoughts.

Remember, the crypto world can be super unpredictable, and no plan is perfect. But by learning from our past and changing our strategies, we can handle the ups and downs better.

What do you think about the lessons we've learned from past bull runs? What's your plan for the next one? I'm excited to learn from all of you while I figure out my own strategy too.

DYOR

IMHO the best strategy in BTC investment is long-term hodl, so, with this approach, it doesn't mater whether the market is bullish or bearish. The only trouble with market is the attitude towards purchases made with the money acquired by crypto exchange. So, during bear market its not a good idea to buy expensive goods, while bull market is okay for doing so.

But we know that not all people would really be having that kind of patience which they would really be able to wait up for long years and this is why they cant really just afford on sitting for years before they would really be able to see their profits and come on mind that it would also vary or depend on how much you had been holding which is intended for long term if it was that big or small so that you could really be able to consider
if that holding would really be worth for you to earn that profit which would really make you that satisfied but if its just small then i could say that there's no point on holding it for too long but we know that not all
would be having that financial capability when it comes to this and this is why they decided on making up some short/active trades instead.

Learnings from the past bull run markets would be always pertain about not to miss out opportunity while the prices are cheap or something in a condition on which the market is on great fear on which
lots or tons of people had been seeing this to be the sweetest spot for them to accumulate more because not all the time these kind of opportunities do come and
this is why it would really be that ideal that you should know on when to get in and when to get out.

[_BlackStar]

If there is an opportunity that I have missed during this time - it is when I have no budget to accumulate. The market has given everyone the opportunity to accumulate - but I realize that not everyone is able to do so.

My approach is still the same - meaning nothing has changed except my interest in accumulation which needs to be adjusted to the budget quantity. It's true that anyone wants to accumulate as much as they can because they believe in the future potential - but the current economic difficulties require one to tread carefully.

[Kasabus]

What I can say about this is stop panicking whenever the price of bitcoins decreases so much in the time before bull runs because that's the traditional way before the bull runs start and you won't get any chance to buy again because, after that, the price will continue to rise until it reaches a new ATH. Whatever happens, just focus on your goal to achieve and ripe as much income as this upcoming bull run just be patient and persevere on everything.

It’s normal to see a bearish market and having price decline before bull run starts. That will give us opportunities to buy and hold potential projects so we can be in profits whenever we decide to sell during a bullish market. However, hodling is never easy as well. If you easily panic and decide to sell your coins before they fall into deep prices, note that you will never reach your goal of success. That is why stay away from panicking and always hold your coins no matter what. The market is highly volatile so its obvious that there will be bearish and bullish events in the market. If you see the prices are dropping, then stay chill and calm, that will eventually change once positive factors start to hit and affect the market. Be patient and never lost focus from your goal.

[serjent05]

What I can say about this is stop panicking whenever the price of bitcoins decreases so much in the time before bull runs because that's the traditional way before the bull runs start and you won't get any chance to buy again because, after that, the price will continue to rise until it reaches a new ATH. Whatever happens, just focus on your goal to achieve and ripe as much income as this upcoming bull run just be patient and persevere on everything.

I agree, put trust in your Bitcoin investment.  Trust the Bitcoin market and don't get fooled by the manipulators.  To do that, the thing these previous markets teach me is to have a deep knowledge of the Bitcoin market.  If we have that deep knowledge, we will never be shaken when the price crashes since Bitcoin is proven to recover over time.  The history shows it and how it price fluctuates and eventually records another all-time high cycle by cycle.

[Quidat]

If there is an opportunity that I have missed during this time - it is when I have no budget to accumulate. The market has given everyone the opportunity to accumulate - but I realize that not everyone is able to do so.

My approach is still the same - meaning nothing has changed except my interest in accumulation which needs to be adjusted to the budget quantity. It's true that anyone wants to accumulate as much as they can because they believe in the future potential - but the current economic difficulties require one to tread carefully.

Not all does have the money and its already been bought out earlier on which we do believe that it was the lowest price that we do have in the market on which there's no such thing about unlimited fund on where someone could be able to put up from  time to time or simply making out those DCA but what matter the most is that you do be able to get inside while the market is still cheap and low.
Just like the rest been saying that it is really that impossible for you not to be able to learn up with those past mistakes that you have done on past cycles. I've been able to experience and witness
2 bull run events or cycles on which i could say that i had missed that two situations for me to make huge money just because i had simply deplete out my capital on investing because of the losses
that i do have in the past due to bad decisions which is something that cant really be avoided on some conditions or situations.

[OcTradism]

What I can say about this is stop panicking whenever the price of bitcoins decreases so much in the time before bull runs because that's the traditional way before the bull runs start and you won't get any chance to buy again because, after that, the price will continue to rise until it reaches a new ATH. Whatever happens, just focus on your goal to achieve and ripe as much income as this upcoming bull run just be patient and persevere on everything.

You will be able to control your emotion better if you invest with your money, only with your money.

If you borrow money and have pressure from interest payment, collateral liquidation, margin call which are all big risks, you will lose control on your emotion. I am sure many people will feel panic when facing with such risks. Lastly, feel fearful, panic or not, the market will move in its way and your loan collateral can be liquidated by exchanges.

Even you don't want to sell, your coins will be sold by exchange and you can not do anything. The best way to avoid liquidation is using your own money to invest, don't use leverages because you believe you will win and will get rich with your accurate thinking and greedy position.

[legendbtc]

What I can say about this is stop panicking whenever the price of bitcoins decreases so much in the time before bull runs because that's the traditional way before the bull runs start and you won't get any chance to buy again because, after that, the price will continue to rise until it reaches a new ATH. Whatever happens, just focus on your goal to achieve and ripe as much income as this upcoming bull run just be patient and persevere on everything.

I agree, put trust in your Bitcoin investment.  Trust the Bitcoin market and don't get fooled by the manipulators.  To do that, the thing these previous markets teach me is to have a deep knowledge of the Bitcoin market.  If we have that deep knowledge, we will never be shaken when the price crashes since Bitcoin is proven to recover over time.  The history shows it and how it price fluctuates and eventually records another all-time high cycle by cycle.

Not only with bitcoin but with all markets and fields, if we want to win and succeed, only knowledge can help us. In my opinion, patience is the key to success when investing in bitcoin but very few people can do that. But to have patience and gain trust in bitcoin, only knowledge can help us do that. I have seen many people without a college degree who were still successful, but I have never seen anyone without education or knowledge succeed. Knowledge is the answer to all questions about success.

[Don Pedro Dinero]

But I don’t intend to sell all of my bitcoin, probably sell a major portion of it and then leave some of them for future profits. I know bitcoin price increases more in every bull run, so after selling, I’ll just wait for another bearish market and buy back a lot of cheap bitcoin.

That's good plan but in a bear market, it's not good to start accumulating too early. I think we can wait one year at least to consider buying bitcoin in a bear market and wait for a new bull market.

In my case it is similar. I will take advantage of the bull market to sell part of my holdings, although in the long term I will continue to accumulate. It is quite likely that the price will go above $100,000. If it goes to $125,000 or thereabouts, whatever we are buying now will have been multiplied by 5.

The bad thing is that you never know exactly when bull and bear markets start and end but if you've been investing for a while you get an idea.

[bitzizzix]

But I don’t intend to sell all of my bitcoin, probably sell a major portion of it and then leave some of them for future profits. I know bitcoin price increases more in every bull run, so after selling, I’ll just wait for another bearish market and buy back a lot of cheap bitcoin.

That's good plan but in a bear market, it's not good to start accumulating too early. I think we can wait one year at least to consider buying bitcoin in a bear market and wait for a new bull market.

In my case it is similar. I will take advantage of the bull market to sell part of my holdings, although in the long term I will continue to accumulate. It is quite likely that the price will go above $100,000. If it goes to $125,000 or thereabouts, whatever we are buying now will have been multiplied by 5.

The bad thing is that you never know exactly when bull and bear markets start and end but if you've been investing for a while you get an idea.

The bull market is the moment that all investors are waiting for to take advantage of it in different ways, and I personally only use the bull market to take some profits. And not to sell the original ownership, the aim is to enjoy profits or fulfill desires or buy something expensive.
And in my opinion, below 100k is still the best moment to accumulate by doing DCA without reducing the number of purchases in the allotted time. And whatever the price of Bitcoin, I will still buy at the same price, and will probably only increase my purchases when the price of Bitcoin drops significantly. And I believe that the price of Bitcoin in the future will be very high and expensive, so it is very important to take advantage of certain moments to accumulate and take profits before that happens.

[xSkylarx]

What I can say about this is stop panicking whenever the price of bitcoins decreases so much in the time before bull runs because that's the traditional way before the bull runs start and you won't get any chance to buy again because, after that, the price will continue to rise until it reaches a new ATH. Whatever happens, just focus on your goal to achieve and ripe as much income as this upcoming bull run just be patient and persevere on everything.

This is really the best example, it is kind of like you missed the train because you jumped off early as you panicked because of the dumps. The biggest lesson really is to control yourself so that you won't regret later on because this tends to make you decide to sell, even if it is just a small dump, and when you sell it, you'll regret it because it goes to its peak and again you can't buy anymore as it is too high, and if it goes down, it is still not that affordable on the first day you purchased it.

[Kelvinid]

What I can say about this is stop panicking whenever the price of bitcoins decreases so much in the time before bull runs because that's the traditional way before the bull runs start and you won't get any chance to buy again because, after that, the price will continue to rise until it reaches a new ATH. Whatever happens, just focus on your goal to achieve and ripe as much income as this upcoming bull run just be patient and persevere on everything.

This is really the best example, it is kind of like you missed the train because you jumped off early as you panicked because of the dumps. The biggest lesson really is to control yourself so that you won't regret later on because this tends to make you decide to sell, even if it is just a small dump, and when you sell it, you'll regret it because it goes to its peak and again you can't buy anymore as it is too high, and if it goes down, it is still not that affordable on the first day you purchased it.

Just to expect that we are certainly experiencing highs and lows due to the volatility of the market. And it is not quite hard to understand but can't say we all can take it. Some people are weak enough to keep themselves from accepting the sudden drop in price and then start to panic. Until we don't understand how the volatility works, we can still see many people have uploaded their coins at the wrong time.
What we are going to do is to change our behavior and go along the market trend, not against otherwise, it was stressful.

[xSkylarx]

What I can say about this is stop panicking whenever the price of bitcoins decreases so much in the time before bull runs because that's the traditional way before the bull runs start and you won't get any chance to buy again because, after that, the price will continue to rise until it reaches a new ATH. Whatever happens, just focus on your goal to achieve and ripe as much income as this upcoming bull run just be patient and persevere on everything.

This is really the best example, it is kind of like you missed the train because you jumped off early as you panicked because of the dumps. The biggest lesson really is to control yourself so that you won't regret later on because this tends to make you decide to sell, even if it is just a small dump, and when you sell it, you'll regret it because it goes to its peak and again you can't buy anymore as it is too high, and if it goes down, it is still not that affordable on the first day you purchased it.

Just to expect that we are certainly experiencing highs and lows due to the volatility of the market. And it is not quite hard to understand but can't say we all can take it. Some people are weak enough to keep themselves from accepting the sudden drop in price and then start to panic. Until we don't understand how the volatility works, we can still see many people have uploaded their coins at the wrong time.
What we are going to do is to change our behavior and go along the market trend, not against otherwise, it was stressful.

That is why while holding a Bitcoin, you will learn how to control your emotions. Experience is really the best teacher because it will teach you. We were also the same with them before because of our emotions, but because of our experience, we kind of don't panic right now. We can't really blame them, but I do suggest feeling their stress because that's where they will learn. They will research and understand more about Bitcoin.

[Sanitough]

The only things I've learned from the previous cycles is that bitcoin is the king and all the rest are shitcoins that come and go and that there's no bad moment to buy bitcoin, as it eventually surpasses all earlier highs in a perpetual uptrend. There's really no special plan or anything, but being stubborn and patient when it comes to my bitcoin.

My strategy is to buy as much as I can of this great thing and hold it for as long as I can because...
It's going up up forever Laura.

You nailed it. Bitcoin has always been the most profitable and reliable crypto investment so buying its price either high or low will still create big returns when it's the right time to sell. But if you want to maximize your future profits, then maximize buying as well and hold them with no definite time. This is my focus today, to accumulate as much as I can and do DCA whenever I can. That way, when everyone else is selling and making decent profits, surely I'm also having a great time as well.

[jostorres]

Best strategy for the bull run, is to accumulate your bitcoin using DCA method and also take advantage if the price of bitcoin when it dips to buy a good amount. Just like the price presently,if one can buy a reason amount of bitcoin during this period and hodli till the next bull run. Knowing the time to sell at the bull run is easy so that you don't go and wait till the bull run is over because you want high profit. Have a price target that when bitcoin reaches that price you can sell the some portion and hodli the rest. If you also think that you are smart,you can sell off all your coins and keep the profit. Use the capital to buy again in the bearish market. Hodli is the only way to make profit at the bull run.

Basically the purpose of investing is to expect profit, regardless of the timeframe. Of course buying at low prices and selling at high prices is to be expected, but some adjustments to the strategy also need to be made due to market volatility. Including accumulation, of course it's fine as long as you have a budget, but you don't have to force it if you don't have one.

Other than to profit, it can also be use as a hedge to inflation so that we can retain the value of our money. There are different types of investors, some are short-term, some are mid-term, and the last one is long-term, so time frame does matter here or can vary depending on what type of investor you are. Buying at lows and selling at highs are the basics of investing but there also some who buys at high and then sell at an even higher price.

Volatility is a standard/common factor of the market but it was the unexpected events like the news and economic issues are the ones where we need adjust the most. That's right, investing is only optional so there is no need to pressure or force ourselves to buy if we don't have a money as it can only lead to trouble.

[Smeet]

For me, investing through previous bull markets has taught me lessons that have been good for crypto and stock market. I've realized the importance of patience. holding strong while prices are volatile is key. Sure, it's cool to see your money grow fast, but you shouldn't rush into things. Also, it's smart to spread your investments around. Don't put all your eggs in one basket. Stay updated on what's happening in the market, like news and trends, so you can make better choices. Lastly, don't let your feelings control your investments. Sometimes, it's easy to get too excited or scared, but keeping a cool head and thinking long-term is the way to go. These lessons have helped me handle bull markets and be ready for the ups and downs of the stock market and crypto market

[Agbamoni]

The only things I've learned from the previous cycles is that bitcoin is the king and all the rest are shitcoins that come and go and that there's no bad moment to buy bitcoin, as it eventually surpasses all earlier highs in a perpetual uptrend. There's really no special plan or anything, but being stubborn and patient when it comes to my bitcoin.

My strategy is to buy as much as I can of this great thing and hold it for as long as I can because...
It's going up up forever Laura.

This is my focus today, to accumulate as much as I can and do DCA whenever I can. That way, when everyone else is selling and making decent profits, surely I'm also having a great time as well.

I am impressed with the fact that you and I have similar thought. I have entered in various discussions on speculating bitcoin and one strategy that has really worked well for me is DCAing. TBH I have little experience on bull market because I was a late investor. But I have accumulated a lot in this bear market and am curious waiting for the next bull run. Even then, I'll stick with the strategy I've learned so far.