Barikui1 (OP)
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February 18, 2024, 10:16:54 PM Merited by fillippone (1) |
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As the bull run is right around the corner, most of us newbies have heard about it, and even the experience crypto enthusiastic knows how and what always transpired during the bull run, but the sad reality is that not everyone will gain from it, so my question is that what measures have you put in place to be among the beneficiary of the bull run?
We should start asking ourselves question like, how far have we gone in our Bitcoin accumulating process? If the bull run comes this week, how much can we milk out from our current holdings? if we had any.
For procrastinators, It's high time you all start accumulating Bitcoin aggressively through the DCA method, so that you wouldn't be left out from such an amazing opportunity.
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Assface16678
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February 18, 2024, 10:30:39 PM |
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Well, good point and good questions. You will notice that because of the recent spike in price in bitcoin, which reached $51k, many people are all eyes on bitcoin because of the hype, and because of that, many are also attracted to invest in or buy bitcoin, hoping that it will increase more and more, but in reality, bitcoin is volatile and it will not always go up and up. There are many bitcoin wannabes who anticipate the bull run, but without prior knowledge and preparation for the bull run, you can't maximise the winnings or the reward. Honestly, if the bitcoin bull run starts or happens anytime, I'm confident that I will gain a considerable amount since I already have the calculations of what possible profit I can get. So yeah, preparation for the bitcoin bull run is a must, but if you are a rich person, then it's easy for you to bring bitcoin in large amounts and wait for the great reward.
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famososMuertos
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LE ☮︎ Halving es la purga
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February 18, 2024, 10:50:52 PM |
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What kind of profit to expect if you have these doubts. Man, each year has had its bullish season, each month, each week, the Halving is the time to put all that experience into motion, it is not the time for questions, or those who have doubts. If it is You case, well smply (=> )buy (=>)Hodl, and come back when it's your time to (=>) sell.
Halving breaks your "eggs" or turns them into "gold" there is no hidden science, although opinion matrices are created in that sense.
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LesterD
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#SWGT PRE-SALE IS LIVE
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February 18, 2024, 10:57:58 PM |
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As the bull run is right around the corner, most of us newbies have heard about it, and even the experience crypto enthusiastic knows how and what always transpired during the bull run, but the sad reality is that not everyone will gain from it, so my question is that what measures have you put in place to be among the beneficiary of the bull run?
Ever since I started learning about cryptocurrency, I have come across the advice of holding it until the bull run arrives. If you allow FUD to influence your decision-making, it indicates that you have not learned enough about Bitcoin or that you lack faith in it. We should start asking ourselves question like, how far have we gone in our Bitcoin accumulating process? If the bull run comes this week, how much can we milk out from our current holdings? if we had any.
For procrastinators, It's high time you all start accumulating Bitcoin aggressively through the DCA method, so that you wouldn't be left out from such an amazing opportunity.
Instead of asking ourselves about how much Bitcoin we have accumulated, we should focus on the potential rewards of holding onto it. By envisioning the future possibilities and opportunities that await us as Bitcoin continues to grow, we can better understand the value of our investment.
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Nwada001
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February 18, 2024, 10:59:33 PM |
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For procrastinators, It's high time you all start accumulating Bitcoin aggressively through the DCA method, so that you wouldn't be left out from such an amazing opportunity.
Some people are just procrastinating because they either don't have the money yet or they are waiting for bitcoin to fall back to the price they saw it at the time they first came across it, which they might never see, or even if they do, it won't be now. I know of someone who is waiting for the bitcoin price to drop back to $12,000 before they can invest in it, and he has been waiting for this, yet the bitcoin price seems to be disappointing him. lol. There are also those who would love to be part of a Bitcoin investment but don't have the resources required. It's someone who has enough to sort their little bills for their needs and can be able to spare some for a Bitcoin investment. This won't be the only bull run to come; we have experienced many, and there is still a lot to come. So there is no need for pressure; everyone will invest when they have the resources, and there is always an opportunity in Bitcoin.
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Tipeform$
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#SWGT PRE-SALE IS LIVE
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February 18, 2024, 11:06:01 PM |
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As the bull run is right around the corner, most of us newbies have heard about it, and even the experience crypto enthusiastic knows how and what always transpired during the bull run, but the sad reality is that not everyone will gain from it, so my question is that what measures have you put in place to be among the beneficiary of the bull run?
We should start asking ourselves question like, how far have we gone in our Bitcoin accumulating process? If the bull run comes this week, how much can we milk out from our current holdings? if we had any.
For procrastinators, It's high time you all start accumulating Bitcoin aggressively through the DCA method, so that you wouldn't be left out from such an amazing opportunity.
I couldn't take much action to be among the beneficiaries of bull run because we are new and we don't have much means of earning from here. If we want to be among the beneficiaries of bull run, we have to invest cash and move forward. I have definitely invested some of my cash in Bitcoin I am trying to invest my cash using the DCA method because we know Bitcoin will go up a lot during the bull season in the market I am investing some of my income in Bitcoin with cash. From what I have invested I can see and am currently in good profit. I have a lot of interest to invest but if I get a good help from this forum then my investment can be increased more. Anyway if luck is good I will definitely invest more in future and make myself fit for bull team.
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Asuspawer09
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February 18, 2024, 11:10:04 PM |
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There was no other way around it for sure the best way was just to buy when the market was still calm when the market price drop probably we've seen the market price drop when the price is around 15k$- 25k$ which is probably the best time to be aggressive on your Dollar Cost Averaging or probably if possible buy a huge chunk of Bitcoin at that time, that is the only way to position yourself in the coming bull run and there was no way around it, If your able to position yourself that time you could easily guaranteed a profit in the coming Bullrun since you have a lot of room and leverage, you could easily HODL even the market price drop which is for sure going to be expected in the coming of the Bitcoin halving.
If you're already late in the spike of the market the best thing that you could do is just use the Dollar Cost Average to just lower your risk on your investment, it is still going to be a guaranteed profit as long as you're going to sell on the top but doesnt that huge of a reward compared when you invest at the bottom.
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yazher
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February 18, 2024, 11:22:36 PM |
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This is not rocket science cause everyone most likely explained how you can benefit in this current scenario where it only happens every 4 years and when it happens, it will always followed by a huge bitcoin price increase. no one really knows what exactly the cause but in reality, some of its reasons are the hype and the trends every time bitcoin halving happens and most people always be curious about it and join the flock of investors to buy bitcoins and make the price increase and create ATH every time. So if you want to join them and be one of those who hope for the best of bitcoin price this year, you should buy some bitcoins with how much money you have right now and make sure you don't have any other plan to spend it on something because you are not waiting for a short period like everybody else, until the price of bitcoins rises well, your money stay there if you want to gain a decent amount of income with your money.
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hatshepsut93
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February 18, 2024, 11:37:34 PM |
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For procrastinators, It's high time you all start accumulating Bitcoin aggressively through the DCA method, so that you wouldn't be left out from such an amazing opportunity.
Why would you want to DCA when the price is going up? You will be buying less and less coins and might even end up with an unrealized loss if you fail to sell before the bear market but the sad reality is that not everyone will gain from it, so my question is that what measures have you put in place to be among the beneficiary of the bull run?
I won't be surprised if most investors will fail to profit from it. The community tells people to hodl and wait for some arbitrary high price range like $500k, and that it's foolish to sell Bitcoin because it will be going up. Even though there's a clear pattern of bull and bear markets, which means it's enough to just sell in the late stages of bull run and buy again during bear market to make huge profits.
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I_Anime
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February 18, 2024, 11:41:38 PM |
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There are also those who would love to be part of a Bitcoin investment but don't have the resources required. It's someone who has enough to sort their little bills for their needs and can be able to spare some for a Bitcoin investment. While some have the resources but they don't have anyone who can guide them through (like most of us who have the privilege to learn More about BTC in this forum). While for those who have keep procastinating and hoping for bitcoin to dip massively to a certain price range before they would accumulate some. All I would say is their loss, because they may endup missing out big time. Those that are still holding to such mindset should let go of it and try and start accumulating bitcoin with any suitable strategy (e.g DCAing) so that won't endup saying had I known. Well for your question @Barikui1 all I know is to accumulate more bitcoin, hodl, and sell when it's time to. Because we all know that the bullish run would surely come but we don't actually know the exact time, it might be this year or next. But still before then I would grab this golden opportunity to accumulate more bitcoin before the upcoming or next bull run
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thecodebear
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February 18, 2024, 11:49:19 PM |
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Well there are two strategies for a bull run. Either just keep holding long term through numerous 4 year cycles, or try to sell near the top and buy back during the bear market.
The problem with the second strategy is its hard to guess where the top will be. During much of the 2017 bull market I think most people were wondering if it would hit $10k, then it finally did it at the end of November, and 3 weeks later it had shot up all the way to $20k! But if someone had set their sell at $10k, thinking the top would be around there, they sold at only 50% the peak!
In 2021, most people thought it would go to the $100k-$150k range. Instead it was a real small bull market and only made it to $69k, so anyone planning on selling only as it neared a likely top didn't sell anything at all as the price got nowhere near where most people thought it would go. Personally my original plan that year had been to sell one or two bitcoin in the $50,000s and $60,000s just to get out some money at a super low price but still well into the bull market, and then sell a bit more as it approached $100k, and a bit more above $100k. But then I decided why would I sell so super low like only in the $50,000s or $60,000s. But the bull market was so much smaller than expected so I didn't sell anything.
And then there is the additional problem of buying back during the bear market. You don't know how low things will go, and with greater adoption and less volatility there is always the chance that the next bear market will be far more shallow than the previous ones. In fact if Terra Luna hadn't collapsed in 2022, and then caused a string of defaults wiping out the entire cypto lending industry, plus at least one crypto investment firm, plus FTX Bitcoin may very well have bottomed at >$30k instead of $15k, which would have been a much shallower bear market than ever before. And in 2026, maybe there won't be any big company collapses and maybe ETF buyers will be buying through the bull market and maybe those things together will mean the bear market only drops 50% instead of ~80%. But if you decently sell below the top of the bull peak, and don't get near the bottom, after paying taxes it can potentially not even be worth it to have sold, even though the difference in bull run peak and bear market bottom is so huge. It's only in hindsight that we can easily say "man, people selling at the top and buying at the bottom can make a killing every market cycle!"
I think it's a lot less stressful to just keep accumulating, hold through the market cycles, or sell a little bit during a bull run if you need the money. But otherwise just keep holding until you actually get to the point where you want to spend the money you've been saving long term. I think the above reasons are why most people don't even try to play the huge market cycles, but just hold long term through multiple cycles.
For the upcoming bull run, I had been thinking about trying to play the market cycle, selling like 2/3rds of my Bitcoin to buy back near the bottom, but for the above reasons I realized that's just too stressful and dangerous if I miss top and bottom by a large amount. So instead I plan on selling some but not a ton of Bitcoin, to set myself up financially in fiat very well, and have a little bit extra from the sale to maybe try to buy some cheap bitcoin near the bottom. But if I'm way off it's not a big deal cuz I'm only trying to play the top/bottom with a marginal amount of my overall bitcoin holdings.
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sheenshane
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February 18, 2024, 11:53:58 PM |
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We should start asking ourselves question like, how far have we gone in our Bitcoin accumulating process? If the bull run comes this week, how much can we milk out from our current holdings? if we had any.
This week? I don't think that's the ideal time to sell out your Bitcoin. Remember that the halving hasn't come yet and after that it's expected there's a huge skyrocket in the price and possible it will create another ATH. So, I would rather hold for another month and wait for the right moment. We don't know what will happen next in the crypto market since it's very volatile. As long as you didn't sell below the price upon purchasing, your good, and that's considered as beneficial.
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FinePoine0
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February 19, 2024, 01:03:07 AM |
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Investors who collect Bitcoins will essentially earn dividends. Bitcoin has created so much demand among investors these days that all investors are just clinging to Bitcoin. That's why Bitcoin price started to cross past prices before the halving started. Currently the price of Bitcoin is $52253, the price of Bitcoin is constantly increasing, the more you can learn about Bitcoin, the more successful you will be in investing. Here you will find all ideas on how to invest DCA method. The most knowledgeable person here is jayJuanGee who regularly gives the DCA concept to the investor: https://bitcointalk.org/index.php?topic=5132720.msg50638840#msg50638840
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OcTradism
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February 19, 2024, 03:02:58 AM |
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As the bull run is right around the corner, most of us newbies have heard about it, and even the experience crypto enthusiastic knows how and what always transpired during the bull run, but the sad reality is that not everyone will gain from it
Bull and bear markets, it's always a zero sum game that means there are winners and losers in both bull and bear market. There is no winner if there is no loser to pay cost via loss that is profit for winner. We should start asking ourselves question like, how far have we gone in our Bitcoin accumulating process? If the bull run comes this week, how much can we milk out from our current holdings? if we had any.
If you see profit and have need to use money, take profit, this week or next week but be aware that a big bull run does not last only one or two weeks. It usually lasts for several months and make sure you know about that, to avoid taking profit one week after a bull run kick-off. For procrastinators, It's high time you all start accumulating Bitcoin aggressively through the DCA method, so that you wouldn't be left out from such an amazing opportunity.
DCA with entry and have plan to average your exit prices to take profit. Having good profit taking strategy is good to help you firstly retrieve your initial capital gradually with a bull run and after all, will actually have profit in cash to use. If you don't have plan to take profit, you might stuck in a bear market and have no profit cash in hands, even struggle with loss in a next bear market.
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CODE200
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February 19, 2024, 03:27:02 AM |
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What I stand to gain in this bull run is profit, that's it. Just do my routine DCA and hodl until I can see the price that I'm comfortable taking my profit and I'm doing fine, no more worries about what I need to do and what needs to be done to stay in the market and never panic when the price of bitcoin doesn't go the way we all expect it to be. Having a mindset that thinks of the long-term and never being swayed by passing fads and trends in the market is a really good way to keep yourself out of the harm's way and it's already common knowledge that bitcoin's trajectory is to the moon, you just need to be patient because it takes a really long time for that to happen.
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DapanasFruit
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February 19, 2024, 04:50:26 AM |
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...the sad reality is that not everyone will gain from it, so my question is that what measures have you put in place to be among the beneficiary of the bull run?
That is an elementary question and the answer is simple: HODLING Bitcoin and even alts that will go up in price when the bull run will finally be here...and then decide whether when is the best time to let go of them for possible profit. People in the cryptocurrency industry are all longing for a bull run as it can be the time when we are all celebrating and of course can lead to many to be "rich" and possibly be financially free. This is the money aspect of the bull run. On the other hand, bull run can mean that the industry is getting the attention of the people and even the mainstream media so there will be more "investors" coming in either to buy BTC directly or get involved with an ETF. Bull run is also the best time to silenced critics of the industry especially those who predicted that Bitcoin will be useless and will fail soon.
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adaseb
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February 19, 2024, 05:13:50 AM |
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I am pretty sure there will be two types of people during this bull run.
Those that sold too early and become mad that they sold too early.
And those that got greedy and didn’t sell near the top because it didn’t reach their target price. Only to sell later on the way down.
This happens every bull market. People either sell too early or too late. Hence why most should just dollar cost average the sales to get a good average.
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bitzizzix
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February 19, 2024, 05:36:11 AM |
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Everyone has their own plans or goals, strategies and targets that you or other people will not know about. And the most important thing is that they sell it in a profitable position and when the market is rising or sell it when it reaches a new ATH, and there are also those who believe that in the future the price of Bitcoin will be much higher which makes them continue to hold or run DCA to achieve satisfactory profits in future. And there are also those who only sell part of their profits just to enjoy the profits or make their wishes come true, and everyone is different. And for those who are still procrastinating, maybe they don't have the money to make a purchase and there are also those who are waiting for the price of Bitcoin to drop to make the actual purchase. And actually buying Bitcoin at any time is a good choice as long as it is aimed at the long term.
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Myfe
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February 19, 2024, 05:58:43 AM |
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As the bull run is right around the corner
This bull run has been running since October of last year. Up 100% since that time, we're in it. We should start asking ourselves question like, how far have we gone in our Bitcoin accumulating process? If the bull run comes this week, how much can we milk out from our current holdings? if we had any.
How are you answering these questions for yourself? Someone's either in it for the short term or the long term? If you're on the short game and up double, maybe now's the time to take what you have. If you're on the long game, it doesn't matter where we at (other than the smiles for the value appreciation). Listen, bulls make money, bears make money, but pigs get slaughtered. Be safe out there, kids.
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rodskee
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February 19, 2024, 06:03:14 AM |
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As the bull run is right around the corner, most of us newbies have heard about it, and even the experience crypto enthusiastic knows how and what always transpired during the bull run, but the sad reality is that not everyone will gain from it, so my question is that what measures have you put in place to be among the beneficiary of the bull run?
We should start asking ourselves question like, how far have we gone in our Bitcoin accumulating process? If the bull run comes this week, how much can we milk out from our current holdings? if we had any.
For procrastinators, It's high time you all start accumulating Bitcoin aggressively through the DCA method, so that you wouldn't be left out from such an amazing opportunity.
I stands one thing that my Holdings will make me twice or more richer and that is my complete plans that is why I kept holding up to now. it is not easy to hold for a year and not attempting to sell even when there is already bullying now and this is the attitude we hodlers has to to when there is this kind of market.
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