What Does a Bull Run Feel Like in Crypto?

[LamboLurker]

Hey everyone,

I’ve been through some ups and downs in the crypto market, but I haven’t really experienced a true bull run yet. For those who’ve been around during one, I’m curious:

What’s it actually like to experience a bull run in crypto?

How does it feel to watch your portfolio grow? How do you manage the emotions—whether it's excitement, anxiety, or even FOMO? Were there any moments where things went too fast and got overwhelming?

Also, how do you stay level-headed and make smart decisions when prices are skyrocketing?

I’d love to hear your stories and advice!

[Stalker22]

Also, how do you stay level-headed and make smart decisions when prices are skyrocketing?

Just curious. What would you consider "smart decisions" when your portfolio is skyrocketing in value? To hold onto it, sell it, or a mix of both?

Its a tough call, right? There is no one-size-fits-all answer.

[mk4]

It depends on your knowledge level, really.

Back in 2017, I was really dumb and inexperienced so what I was feeling was generally what idiot 'investors' were feeling — a lot of euphoria and unrealistic expectations; thinking that the way to go for all industries was to tokenize everything and all that dumb crap.

Looking back in hindsight, a huge crash was pretty much inevitable. But yea — going through that 'idiot' stage is probably one of the things every 'investor' should go through to be able to humble themselves up.

[hugeblack]

What’s it actually like to experience a bull run in crypto?
How does it feel to watch your portfolio grow? How do you manage the emotions—whether it's excitement, anxiety, or even FOMO? Were there any moments where things went too fast and got overwhelming?

I have seen this happen twice, the first time I didn't understand how Bitcoin works and the second time I had to sell when I was convinced that the price had risen to a level that it could not rise from again and the strongest indicator of this is the continuation of hearing positive news without the price rising, then it would be the perfect moment to sell. Generally you should keep 30% to 50% of your Bitcoin and not sell it until after 10 to 20 years and then sell the rest to buy again when the price drops and so on.

[Barikui1]

Hey everyone,



How does it feel to watch your portfolio grow? How do you manage the emotions—whether it's excitement, anxiety, or even FOMO? Were there any moments where things went too fast and got overwhelming?

Also, how do you stay level-headed and make smart decisions when prices are skyrocketing?

I’d love to hear your stories and advice!

Well, I have only experience  one bull season, and that was when I came into crypto, which was in the year 2020, though I have been a forex trader before then, but I started buying cryptocurrency that year 2020, which wasn't my idea, it was an idea of one of my friend that was into crypto, so I bought an alt coin and hold while focusing on my trading.

When the bull season officially kick off in the late 2020, I wasn't that knowledgeable on how the bull season works, so as I logged into my binance account and saw that the coin I bought with $80 has risen to $128, I sold it with a lot of excitement not knowing that I was selling too early, though I actually regret selling after then, because that alt coin did up to 8x and above before the bull season ends in the second quarter of 2021 if am not mistaken.
So sometimes lack of knowledge or experience will cost you dearly, because I am quite sure that if it was now, I would have made a more better informed decision than I made then, and I surely would be holding Bitcoin than  risking my hard earned money on an alt coin.

[Crypto Library]

What’s it actually like to experience a bull run in crypto?

How does it feel to watch your portfolio grow? How do you manage the emotions—whether it's excitement, anxiety, or even FOMO? Were there any moments where things went too fast and got overwhelming?

Also, how do you stay level-headed and make smart decisions when prices are skyrocketing?

Bull season means the after-effect of the bitcoin halving and it happens merely in every 4 years. 
So far I have experienced bull season only once since joining the crypto industry and that was my first phase and my experience in this bull season was very bad because I invested in bitcoin then the market goes down even then the mistake was mine because I didn't know any analysis on that time and just do the investment on the based of a public and bear that loss 4years. But I am currently holding that fund also because of I know that the next bull season I can have a good profit from it.

If you are a long-term holder then your emotion or strategy should be the same in this case and if you are a short term trader then your strategy will be different. Especially in the case of long-term holders, a target will be set in advance, if they touch it, they will sell their bitcoins and accumulate funds again to make this investment in the next bear season.

[maydna]

It feels good and you are like in heaven when you see your portfolio grow. But that can makes you greedy and want more profit until you forget to take the real profit and left you in regret. That will be an excitement because we see our profit is bigger but as long as you don't sell your coin and get the cash, you will not profit although the value of your coin is increase. The important thing is you sell it and get the cash in your hand. That is the real profit for you.

The best thing you can do when you see the big profit is stay calm and think. That will give you time to consider everything about when you can sell the coin and take profit. No need to wait for the next bigger profit if that is the new ATH because the price can get down anytime.

[fuguebtc]

I’d love to hear your stories and advice!

I don't know how to express my feelings because it's too difficult to describe and too wordy but I have advice for you. During the bull season, you should not be too greedy, you need to set clear goals and should take profit if you reach the target. The goal must be realistic to the market situation, not too unrealistic.


The market is still there so there will always be other opportunities for us to seize. So try to control your emotions to avoid being too greedy if you don't want to regret it.

Overall, these are basic tips and I think you have heard them many times. But saying and doing are two completely different things. So I think relying on other people's stories or advice won't help you because our emotions are not the same and therefore everyone's reaction will be different. Only through real-life experience can you learn your own lessons.

[Aanuoluwatofunmi]

I’ve been through some ups and downs in the crypto market, but I haven’t really experienced a true bull run yet. For those who’ve been around during one, I’m curious:

What’s it actually like to experience a bull run in crypto?

Its very simple and the idea is on two forms, we can tell you as many as possible on what to expect from the bullrun, and the beauty of the second aspect is that you can also see for yourself by having the experience, now, when you buy when the market is bearish, then you hold waiting for it to rise on a bull pattern, bullrun is when the crypto market sporadically go bullish (rises) and you realize making profits from your investment at the cause, just give it a try by making your first investment and hold to feel how it taste, make sure you start with what you can afford to lose.

[Asiska02]

Indeed, a lot do happen during that period. But the best advice and mutual feelings you can get about it is when you’re experiencing it yourself. So hold some in your portfolio and wait till bull run to see how you’re going to react to the market changes that time. You might want to test your emotions, how you react to FOMO and anxiety at that time, during that time you can better situate yourself and tell how much you can go with it. Everyone will tell you what they’ve experienced but the best and most actual experience is that which you’ve experienced yourself.

[GeorgeJohn]

A bullrun do come and go, is not something that we experienced every time, but I will tell you that we have been experiencing bullrun, because I could remember the price of bitcoin seven years ago and the current price of bitcoin now, so is totally different to be compared before

Bitcoin price last year and bitcoin price of this year is not same, so we need to know that the price of bitcoin differs, bullrun us not the right time to investment but is beneficiary time for someone who has invested before the bullrun, the prayers someone who wants to Invest in Bitcoin is for we to experience a bearish so that during a bullrun the will be good sell for someone that purchased during bearish.

[Silberman]

Hey everyone,

I’ve been through some ups and downs in the crypto market, but I haven’t really experienced a true bull run yet. For those who’ve been around during one, I’m curious:

What’s it actually like to experience a bull run in crypto?

How does it feel to watch your portfolio grow? How do you manage the emotions—whether it's excitement, anxiety, or even FOMO? Were there any moments where things went too fast and got overwhelming?

Also, how do you stay level-headed and make smart decisions when prices are skyrocketing?

I’d love to hear your stories and advice!

Just as your first bear market is the most difficult one, the same is true when it comes to the bull market, now this may seem like a weird thing to say, since what it could be so difficult about a bull market? However there are many traps that you need to avoid at that time, because when the price begins to go up and you see your portfolio giving you incredible profits, you may believe yourself to be a genius investor and that no matter what you do you can get great profits, but this can create horrible habits, which will later cost you everything you have earned so far.

[SamReomo]

Also, how do you stay level-headed and make smart decisions when prices are skyrocketing?

I simply sell my coins when prices gets skyrocketing. For someone like me 2x to 5x is more than enough. I don't really care if an asset goes to 10x or 100x, for me 2x to 5x is safe spot and that really happens when bull market takes place. During bull market I have seen coins growing more than 5x to 10x in value, and that happens. We are already in bull market but it seems that the coins aren't skyrocketing yet due to low intensity of bull run, but once it gets intense and Bitcoin crosses $100k then you'll see how many coins will give 2x to 5x returns to investors.

[tbct_mt2]

I’ve been through some ups and downs in the crypto market, but I haven’t really experienced a true bull run yet. For those who’ve been around during one, I’m curious:

What’s it actually like to experience a bull run in crypto?

You said you experienced for a while in cryptocurrency market, and I am sure you will know how to check price charts.

There are two biggest cryptocurrencies, Bitcoin and Ethereum, and if you are uncertain how a full bull market looks like, you can check price charts of Bitcoin and Ethereum.
https://coinmarketcap.com/currencies/bitcoin/
https://coinmarketcap.com/currencies/ethereum/
Click on All to see their full charts.

Bitcoin's market cycle



Psychology is very important in any phase of market, bullish or bearish.
The Psychology of Market Cycles
Mastering the Market Cycle – Mindset and Strategies

[X-ray]

Bullrun feels like anything you invested in growing significantly and in fast manner, whatever money you throw at some hype token it will multiply, but it can also trap you into over investing and instead getting caught in the transition to bearish.

Also, how do you stay level-headed and make smart decisions when prices are skyrocketing?

the most level headed and smart decision to do when price skyrocketing is to sell  . You don't expect the price to keep going up forever, at some point there will be pullback and retracement, if you invested in altcoin which is known for temporary investment probably will lose majority of its value over the course of a year, it's really wise to just sell and reposition after bullrun ends.

[slaman29]

You're in one, right now, actually I don't know what a 'true' bull run means to you but if you've been buying any time this year you're probably in slight profit or just looking better all the time.

My first true run was around 2004-2006, I was trading forex then, and doing a bit of gold. Everything I touched turn to green, and I kept doing more and more, threw out TA and just bought the news. Until it all crashed lol.

Then crypto was 2017. Every alt was exploding. You felt like you were so smart so you doubled down. Everyone was a crypto trader expert. Every signal worked. Every one was a smartass. People were talking about $500k BTC then.

When did I realize I was not smart? I bought the dips, every dip, 90% dip felt like magic. But I didn't realize at the time the bull had ended and the long crypto winter came. Lost so much, gained a little.

If you can't follow the basic rules of trading, you shouldn't trade. 99% of people can't. Most likely this means you shouldn't trade.

I don't anymore

[tabas]

Hey everyone,

I’ve been through some ups and downs in the crypto market, but I haven’t really experienced a true bull run yet. For those who’ve been around during one, I’m curious:

What’s it actually like to experience a bull run in crypto?

How does it feel to watch your portfolio grow? How do you manage the emotions—whether it's excitement, anxiety, or even FOMO? Were there any moments where things went too fast and got overwhelming?

It feels emotional and greed is all around, to be honest. That is because our emotional thought makes us think that the price for our holdings are possible to go higher and when you feel something like that, you need to wake yourself up and stop being greedy. If you're in profit, take profits because this is a cyclic market and bull runs have its time limit.

Also, how do you stay level-headed and make smart decisions when prices are skyrocketing?

Start from the plan that you have set when you have invested. Make sure that you're consistent following that and don't be so emotional. This market is always there for us and for us to be profitable, you need to set aside the thoughts of being rich quick overnight.

[Wexnident]

~

Full of euphoria I guess? You could see mostly discussions and whatnot about the price, about FOMO about buying right there and then cause the pump will only continue on from there. A lot of it was just bs really and people fearmongering, and/or overinflating what the market was on. Ofc if you were profiting then all is good but a lot more of it was people being FOMO'd into investing thinking that since it just went up, it's only going up from there.

I've never really considered myself level-headed. More like I just experienced it once so I'm more used to it I guess? Granted I didn't profit back then. Heck I actually lost money lol. Then after some point I just left and didn't invest till last year (at around 18k ish).

[tbct_mt2]

It feels emotional and greed is all around, to be honest. That is because our emotional thought makes us think that the price for our holdings are possible to go higher and when you feel something like that, you need to wake yourself up and stop being greedy. If you're in profit, take profits because this is a cyclic market and bull runs have its time limit.

If you are not greed, you don't want profit and chase for it, you don't want to be rich too.

Difference between an investor, trader and speculator is their methods used for getting profit. With investors, they choose methods that are mostly better for their fund safety and they see capital protection is very important. They are intelligent investors but there are non intelligent investors who borrow money to invest, and they call themselves as investors, but in fact, they are speculators.

By making loan, they no longer defend their capital, but put their money or asset used as loan collateral at risk of liquidation. If market moves opposite to their prediction, they will be at high risk of losing many things, money, asset, real estates.

With traders, they want quick money and don't have enough patience to wait like investors. If they use leverages, they become more risky traders and the saying "High risk, high return" will blind them, until they lose all money to liquidations.

In a summary, all these people are greedy, more or less, and difference also comes from their risk management.

[Lida93]

What’s it actually like to experience a bull run in crypto?

Op I think understand your concern and it's really important you had to ask all those questions about the bullrun fever. Yea, I call it fever because that's the time every holder is faced with the challenge of having to know exactly when the bull run is actually over and whether the market it's just making a long retracement when taking a long fall after an upsurge rise probably to a new ATH. At this period we all be having that contemplation about when to make the decision of when to sale your asset and take profit not to be caught up in the bears before you know it.