Before and after bull run.

[Mate2237]

This is good advice but when those things happened, you would not be awared and so the best way to avoid such incident is to encourage them and orient them the advantages and the disadvantages of bitcoin and everything involved in the bear and the bull markets so that when it occurs, they will not shake or panic again. Lack of information also cause this things to happen.

If someone has like 3 BTC and sell it in the bull market and in the bear market he invest 2% of the profit again against the next bull again and that is how to do invest so that you will not collapsed after the bull market.

[Marykeller]

Anyone who is into crypto should at least have an idea of what he or she is into. The time to hodl and time to sell at profit. Anyone selling at a profit should have a target price he or she will sell to a profit.

As the bull run is coming, the majority of crypto investors have taken into account the price they are going to sell their bitcoin investment at a high price and many are looking forward to that in 2024 or 2025. Anybody that misses that opportunity by then will have himself or herself to be blamed. 

[Stable090]

Thats why people are advised to invest the amount they can afford to lose. Because crypto is still early and the market is very volatile. Although, only leverage traders and memecoins degens can easily lose huge amount of money.

Some people see the crypto space as a place where easy money can easily be made, some of them end up investing all their life savings, some will sell their properties, and some will end up taking out loans and investing in shitcoins. If they lose the money and are unable to pay back the loan, and they have no other option, some might end up committing suicide, which is very wrong. If you are finding quick funds, then crypto space is not for you. If you are looking for quick money in the crypto space, then you might end up losing big. If you are planning to invest, it's better to invest in bitcoin, and you can't make a huge amount of money from bitcoin within a short period of time. A bitcoin investment should be a long-term investment if you are expecting huge profits from bitcoin.

[Cryptoababe]

Thats why people are advised to invest the amount they can afford to lose. Because crypto is still early and the market is very volatile. Although, only leverage traders and memecoins degens can easily lose huge amount of money.

Some people see the crypto space as a place where easy money can easily be made, some of them end up investing all their life savings, some will sell their properties, and some will end up taking out loans and investing in shitcoins. If they lose the money and are unable to pay back the loan, and they have no other option, some might end up committing suicide, which is very wrong. If you are finding quick funds, then crypto space is not for you. If you are looking for quick money in the crypto space, then you might end up losing big. If you are planning to invest, it's better to invest in bitcoin, and you can't make a huge amount of money from bitcoin within a short period of time. A bitcoin investment should be a long-term investment if you are expecting huge profits from bitcoin.

Exactly. Some people see as an opportunity to make easy money which is not. And thats why they fall into traps as you have said.

[Dimitri94]

Just buying bitcoins does not end the responsibility. It is more difficult to protect freedom than to gain it. After buying bitcoins, you should know how to protect the bitcoins and how to store them and when is the right time to sell. That is why those investors need to acquire knowledge. And this forum will be a good support for gaining knowledge but if one can learn from other way then its up to him. He must acquire proper knowledge otherwise he may act uncontrollably without understanding the market which should never be done as an investor. In the past there have been many instances where investors have lost many lives due to not acquiring proper knowledge. So prioritizing knowledge should be prioritized before investing.

[Zigabel]

Before and after bull run , please keep in touch with your relatives who are into bitcoins/Cryptocurrency. We have heard of cases of people commiting different kind of crimes due to bear market hitting them unprepared. No matter how prepared everyone can be, there are people who will keep holding until the bear market strikes.
No matter how prepared we can be, there are people who will loose their funds in one way or the other. We can not fully predict what to expect but we should try as much as possible to be in touch with relatives before and after bull run.
No life is worth loosing for any reason, the bull market and the bear market ahead should not be the genesis of another disaster.

Keep in touch with your family and friends before and after bull run, the happiness of profit can also drive one crazy which can make one do something unreasonable such as getting drunk, driving recklessly and many more.  To those who will see this thread, please keep this words in mind.

It's very important to understand a business or a concept before buying into the idea or venturing into such business as the proper knowledge of the business helps and keeps you profitable in the business, you know when to exit and when to stay and how to manage risk attached with it as almost every business comes with its own risk which should be studied.

Investing in knowledge before the bull run is of great essence as this will help you stay profitable throughout the bull run and will as well get you to understand when to leave just before the bear sets in. If one has got enough knowledge about the market there may not be necessarily need to check on the person for reasons of been in the market the bear set in upon them, but as it has to do with what they engage in with the profit gotten from the market, I think we have little to no control but then just check up on them.

[CryptopreneurBrainboss]

Before and after bull run , please keep in touch with your relatives who are into bitcoins/Cryptocurrency. We have heard of cases of people commiting different kind of crimes due to bear market hitting them unprepared. No matter how prepared everyone can be, there are people who will keep holding until the bear market strikes.

When I read news about things like this I get disappointed because our advices isn't getting across to this people, we shouldn't be investing more than we can afford losing into the market. I don't understand why people don't get it that the market is a volatile one and an unregulated market so anything can happen at any time and as smart investors we should be ready for whatever happens. We should have backup plans for when things don't get as we planned because that's something that's associated with the market. If you know you can't hold through all the bear market then sell your coins after the bull market has reached its peak potential and the market is declining. If you invest only your spare money as it's advice or money that won't be needed for a very long time, you won't be affected by this also if you Invest in Bitcoin and not chasing those overhyped altcoins you won't be bothered when the market is crashing because you'll be guaranteed of an increase when the market recovers form your Bitcoin stash.

Keep in touch with your family and friends before and after bull run, the happiness of profit can also drive one crazy which can make one do something unreasonable such as getting drunk, driving recklessly and many more.  To those who will see this thread, please keep this words in mind.

This is a good advice as we should be our brothers keeper but we should also take care of ourselves and not wait on others to check up on us. Investing with the right guideline will help us avoid getting ourselves in situations like this. Don't put all your hopes on the market, diversify your portfolio and this isn't about investing in altcoins but check out other investment opportunities so when the crypto market is experiencing some bearish period you don't get devastated because you had all your investment in cryptocurrency. After the bear market, there'll be a bull market and vice versa so you shouldn't be that depressed because the market isn't going as you wanted.

[Die_empty]

Before and after bull run , please keep in touch with your relatives who are into bitcoins/Cryptocurrency. We have heard of cases of people commiting different kind of crimes due to bear market hitting them unprepared. No matter how prepared everyone can be, there are people who will keep holding until the bear market strikes.
No matter how prepared we can be, there are people who will loose their funds in one way or the other. We can not fully predict what to expect but we should try as much as possible to be in touch with relatives before and after bull run.
No life is worth loosing for any reason, the bull market and the bear market ahead should not be the genesis of another disaster.

I think you should educate them about bitcoin investment. Tell them not to expect much because the sector is unpredictable. Let them know that they need to have a plan. They shouldn't also be too greedy waiting to cash out big. It is not bad to expect much but it shouldn't be too much. The bull run is not the end of the journey so they need to have after bull run plans.

Keep in touch with your family and friends before and after bull run, the happiness of profit can also drive one crazy which can make one do something unreasonable such as getting drunk, driving recklessly and many more.  To those who will see this thread, please keep this words in mind.

This is a sign of immaturity. There is a need for moderation in anything you do. It is irresponsible to get drunk and drive because you made a lot of money from the bull run. It is even insecure to let people know that you made money from an investment. You can attract criminals if you expose or show that you have made some good money. It is better to be a secret millionaire.

   

[odunybiz]

Before and after bull run , please keep in touch with your relatives who are into bitcoins/Cryptocurrency. We have heard of cases of people commiting different kind of crimes due to bear market hitting them unprepared. No matter how prepared everyone can be, there are people who will keep holding until the bear market strikes.
No matter how prepared we can be, there are people who will loose their funds in one way or the other. We can not fully predict what to expect but we should try as much as possible to be in touch with relatives before and after bull run.
No life is worth loosing for any reason, the bull market and the bear market ahead should not be the genesis of another disaster.

Keep in touch with your family and friends before and after bull run, the happiness of profit can also drive one crazy which can make one do something unreasonable such as getting drunk, driving recklessly and many more.  To those who will see this thread, please keep this words in mind.

In life we should all put in mind that nothing is 100% sure. All business comes with its own risk. I believe explaining about bullrun and bear season to people when introducing crypto to then can help to solve this problem. It will make them to prepare their mind towards the bear season. What kills most people including me sometimes is greediness. One shouldn't learn to be less greedy if one wants to make it real in crypto.

[Kasabus]

Or maybe the best thing you can do is get them oriented into Bitcoin, investments, the downsides of investing, risk management and how to keep at the top rather than just "keeping in touch" with them

Humans are not like dogs, you can't keep them on a leash forever.

Yes, I agree. Tell them the reality that bitcoin is a combination of losing and profiting. You can’t expect to gain profits all the time, same as you can’t be losing at all times. Opening their eyes on the facts about bitcoin will help them to be aware in one way or another. Keep in touch with them but most importantly, make them understand to take calculated risks, that’s the only way that they’ll be safer with bitcoin.

[pawanjain]

While that is a good advice it's hard to control everyone. You never know what one's going through.
Emotions are hard to control and if you know someone who can't control their emotions then you should try to keep them away from crypto.
Crypto is volatile AF and if someone can't control their emotions then they are better stay away from it.

[michellee]

We really want to stay in touch with our family, but if they keep busy with the things they like and don't want to keep in touch with us, we also can't force them. And it's common in bear markets for people to disappear and not be heard from.

And later, after the bull market, they showed themselves to us again while showing their profits. We have experienced this for several years and it has become a habit for them. It's up to them because they may want to hide their losses from people and thus choose to act that way.

There are also many people like that in the WhatsApp chat group, which makes the chat group feel quiet. But during a bearish market, they hide themselves to accumulate their investments to focus more on getting big profits.

[Learn Bitcoin]

The most important thing is not to invest that much money that may damage your health. Do not invest that much money that you cannot afford to lose. Usually bull run does not affect negatively. So, I am not sure why are you suggesting people keep in touch with friends who have invested in crypto. If someone invests the amount that they cannot afford to lose, they should not invest that much money. If you mean they invest in the bull run and then they lose their investment after the bull run, that's a good concern. But if you know your friends or relatives invested in crypto, you should ask them to take profit during the bull run.

[TakeItEasy]

No matter how prepared we can be, there are people who will loose their funds in one way or the other. We can not fully predict what to expect but we should try as much as possible to be in touch with relatives before and after bull run.
No life is worth loosing for any reason, the bull market and the bear market ahead should not be the genesis of another disaster.

Keep in touch with your family and friends before and after bull run, the happiness of profit can also drive one crazy which can make one do something unreasonable such as getting drunk, driving recklessly and many more.  To those who will see this thread, please keep this words in mind.

A person changing his behavior after trading doesn't suit a person, trading is something else. For example, if a person is having some problems in marketing or he has some problems in the office, he will change his behavior with his family due to these. If not, then why someone is changing it in the case of trading because he is also losing money in office or his marketing, and also the same he has a loss in trading?

If someone has a loss in trading, it doesn't mean that he can't do further anything, he has a big life ahead, and he should concentrate on different things in life. As trading is not the only thing that he thinks is, there are many more things like we can say he should invest in some other business.

Drinking, driving recklessly, etc if a person doing all these things didn't give him any benefits it creates an impact on his upcoming life. This will badly affect his connection with his relatives and the person will be degraded. So, we should always think before we are going to take a step further.

[Ever-young]

Keep in touch with your family and friends before and after bull run, the happiness of profit can also drive one crazy which can make one do something unreasonable such as getting drunk, driving recklessly and many more.  To those who will see this thread, please keep this words in mind.

It’s always important for us to educate who ever that is close to us to be vigilant of crypto news, many people always fall victim of buying bitcoin in a bull run and most of the time it’s always when the bull run is coming to an end which always makes them to record lose and run into high blood pressure due to the unexpected bear market.

And I have always been trying to reach out to my crypto friends which are bitcoin holders so as to advise and encourage our self because bearish market always comes unexpected and sometimes it hit us very hard which we really don’t need to pass through that alone so we have to talk to each other and encourage our self not to sell now that the price have dropped down in other for us not to record lose but we have to wait till bull run again.

Sometimes the bearish market cause some heart break to us which can really lead to one taking had decision either selling at that moment or falling into coma or sometimes taken their life as they think their life have comes to an end, thanks for this thread and if people can take it serious to be checking on one another it will really save a lot.

[Hamza2424]

Keep in touch with your family and friends before and after bull run, the happiness of profit can also drive one crazy which can make one do something unreasonable such as getting drunk, driving recklessly and many more.  To those who will see this thread, please keep this words in mind.

What? I haven't heard of any such incident ever, Also what kind of thread it is? sounds like some awareness thread but why the content in it is more referring the risk management and profit Booking only? The important part is most of the time when we get involved in any market we use it to express our experiences with our close ones so there is no need to hesitate to tell anyone that you're in crypto whether you're doing well or not.

Excitement can lead to unusual acts but still, I don't think a person who books X amount of profit from Y amount of investment will drunk (It's Haram first of all), drive recklessly, etc. If he's a trader and booked profit in any trade I'm damm sure he can control his emotions and if he's an investor he'll have a good investor quality as well, because he entered the market and he was expecting profit and he's not a psychopath to coming of such offensive move in just excitement for the upcoming scenarios he'll be aware of it already.

[Franctoshi]

I don't really buy the idea, I think the orientation should go this way, If you are not mature in mind to take investment risk then you have no reason to even start investing in cryptocurrency in the first place, there are other investment opportunities out there you can get your hand into aside a volatile market like the crypto, Too everyone doesn't need to invest in cryptocurrency, if you can't withstand the heat you should avoid the kitchen. There are some of us into crypto that our families are not even aware of our dealings with crypto, because they choose to keep it out of the family's awareness. But a mature-minded investor would know how to handle bad situations like that.

[Viscore]

This is good advice but when those things happened, you would not be awared and so the best way to avoid such incident is to encourage them and orient them the advantages and the disadvantages of bitcoin and everything involved in the bear and the bull markets so that when it occurs, they will not shake or panic again. Lack of information also cause this things to happen.

If someone has like 3 BTC and sell it in the bull market and in the bear market he invest 2% of the profit again against the next bull again and that is how to do invest so that you will not collapsed after the bull market.

This is the reason why before we enter into bitcoin investment, we already gained prior knowledge about bitcoin and the whole stuffs about bitcoin, including its bearish and bullish effects that will definitely trigger the investors who are not knowledgeable on it. Investing in bitcoin is a very good opportunity to be in profits, but if you are not aware on how to deal its market season and changes, you will definitely see yourself panicking in the end.

[The Cryptovator]

The first thing you must learn before investing in crypto is: don't invest in something you can't afford to lose. We may don't know who is investing in cryptocurrencies because everyone doesn't share it. A few days ago, one of my relatives came to me for cryptocurrency suggestions. Before they come, they have already lost some funds in Pinzi. If I was aware before investing, I could prevent them. So I explained to them the truth about crypto. If we don't know, we can't help anyone.

[Mr.suevie]

Anyone who is into crypto should at least have an idea of what he or she is into. The time to hodl and time to sell at profit. Anyone selling at a profit should have a target price he or she will sell to a profit.

As the bull run is coming, the majority of crypto investors have taken into account the price they are going to sell their bitcoin investment at a high price and many are looking forward to that in 2024 or 2025. Anybody that misses that opportunity by then will have himself or herself to be blamed. 

We all are waiting for that period indeed, and that's why most big whale investors in the market are currently stockpiling their portfolio with lots of crypto. This  particular period is the period when people are actually looking for big dips in the market price so that they can actually buy and get as much BTC or other coins they can get their hands on before the major bull pump up.