Bull run and Bitcoin accumulation

[RealNoblee]

My country people wey dey make things happen for this forum, I greet una plenty.
I dey hear about bull run and don read some mata wey concern am.
E talk say, Bull run na the time wey the Bitcoin wey I don gather for many years with small moni, go don grow to bring back plenty moni.

This idea come make plenty people mind focus only for this Bull run season as the main time dem fit sale their Bitcoin.

My own be say, make we still put our eyes, ear and mind for ground because price fit grow two times more before Bull run come, more than the price dem speculate for bull run season, so that we fit profit well well.

[Hypnotizer]

My country people wey dey make things happen for this forum, I greet una plenty.
I dey hear about bull run and don read some mata wey concern am.
E talk say, Bull run na the time wey the Bitcoin wey I don gather for many years with small moni, go don grow to bring back plenty moni.

That’s actually wrong in real senses! During the Bullish period in bitcoin..we usually see a lot of price increment and in most cases the price increases significantly but that doesn’t mean the Bitcoin you’ve accumulated with “Small money” go just once grow to “plenti money” it doesn’t work that way!

This idea come make plenty people mind focus only for this Bull run season as the main time dem fit sale their Bitcoin.

Yes, plenti people dey sell their Bitcoin during the bull run to take profit and reinvest again after it start dipping but eh totally depend on your investment strategy and goal..make you no go lose guard.

My own be say, make we still put our eyes, ear and mind for ground because price fit grow two times more before Bull run come, more than the price dem speculate so that we fit profit well well.

We can’t actually say if bitcoin price go double abi eh no go double, and Bitcoin investment doesn’t work like that, you have to be in for the Long-run if you want much profits.


_Bitcoin isn’t a rich quick syndrome.

[Karl_3000]

My own be say, make we still put our eyes, ear and mind for ground because price fit grow two times more before Bull run come, more than the price dem speculate for bull run season, so that we fit profit well well.

What are you saying? Bitcoin is over $80000 right now, but if the price grow two time, that $160000. That means bitcoin have gotten to all time high. Then bull run will start when bitcoin gets to $160000?

If the price of bitcoin is increasing and not falling back but continue to increase and get to all time high, that is bull run.

[DiMarxist]

Op Bull run is the continues increment of the price of Bitcoin upward without actually coming down or even been stagnant in a particular price range. Bull run is not price doubling so you can sell your Bitcoin and making plenty of money as you are putting it. Understanding this difference is very important because it will help you to take decisions that can be helpful in your bitcoin investment journey.

[Obim34]

I dey hear about bull run and don read some mata wey concern am.
E talk say, Bull run na the time wey the Bitcoin wey I don gather for many years with small moni, go don grow to bring back plenty moni.

I would rather define Bullrun as a season when there is more demand (Buy) than supply (Sell) causing an upward trend.

During the bullrun the price increase more than it decreases, there is a phase called the consolidation phase.

The consolidation phase, is like a moment between the price of Bitcoin moving up or down, there are minor price changes but not largely noticeable, the price of Bitcoin cannot be stagnant at any point during a trend.

[Frankolala]

Bull run is a blessing to to run cryptospace because the price of bitcoin always makes a new ATH. You will know that you are about to start the bull run after bitcoin halving. It's not a must that you must sell your bitcoin during the bull run, you can still continue buying during the bull run with DCA instead, of selling the little that you have accumulated but some people don't buy bitcoin during the bull run because it becomes expensive.

[sokani]

According to past calendar, dis period supposed be di bear season, but if you take a look at di market, e don dey spike up. If fit be say we don already hit di bottom of di bear season or di worst is yet to come. Also, e get anoda theory, say di four year cycle don end. Whether e turned out to be true or not, di current price present us with a good buying opportunity. If you buy now and hold, when di market go bullish again, you go dey in profit.

[liasbaa]

My country people wey dey make things happen for this forum, I greet una plenty.
I dey hear about bull run and don read some mata wey concern am.
E talk say, Bull run na the time wey the Bitcoin wey I don gather for many years with small moni, go don grow to bring back plenty moni.

This idea come make plenty people mind focus only for this Bull run season as the main time dem fit sale their Bitcoin.

My own be say, make we still put our eyes, ear and mind for ground because price fit grow two times more before Bull run come, more than the price dem speculate for bull run season, so that we fit profit well well.

A general mistake new Bitcoin investors make is to take a hypothetical profit before investing.

You’ve probably heard of a bull run, and you’ve probably heard of a bear market. These two terms have opposite meanings. To profit from Bitcoin, you need to know both.

Just as there is potential for profit from Bitcoin there is also risk. You can expect high returns from your holdings by holding Bitcoin for many years. But it’s not guaranteed that you’ll make huge profits and become rich.

Consider a fixed period for Bitcoin accumulation such as 4-10 years. Second, accumulate Bitcoin through discretionary income and build an emergency fund to protect from the risk of withdrawing your Bitcoin holding.

[Shadiq]

If you are interested in Bitcoin investment and want to become a successful investor, then you first need to give up this idea of ​​bullrun. Bull season and bear season are just a cycle of Bitcoin price, it will continue to happen regularly. If you think of bull season as a season of increasing your funds, then you are wrong, bull season and bear season are not just seasons of increasing and decreasing funds. Rather, for investors, those times are times to increase and decrease the level of Bitcoin investment.

In bear season, you get the opportunity to buy more Bitcoin at a low price, so you can quickly move forward to achieve your goals by buying more Bitcoin at a low price. In bull season, you can remain active in the Bitcoin market by maintaining the continuity of DCA, eventually the value of Bitcoin bought during bull season will also increase. As long as you are achieving your goals, bull season is of no use to you.

[Joeboy]

Targeting Bull runs is a sign that such an individual is profit minded, and such a mentality could lead to folks timing and then eventually selling at a very wrong time just because he/or she got enticed by the little profit he/or she hopes to gain from a little pump in the price of Bitcoin...Truth be told, folks stand a whole lot to gain when they consistently accumulate and hold Bitcoin from longer term durations of say 10years... And so, your priority shouldn't be geared at targeting bull run or whatever else you seem to be asserting... Just focus on how you can build your portfolio...

[Mhizlove]

For this kind thing don't allow excitement or speculation to control your decision because crypto market don't follow anyone's calendar and it do mice when it's less or least expected. If your target or plan is being set clear from the beginning it will help you know when to take action instead of waiting for a perfect bull time that can delay or even pass by because you see sometimes price will rise before the period of time people is expecting and if you miscalculate or not observant enough you will miss a nice opportunity. In this case patience is good but you see discipline and awareness is much more better and also make your plans be your tour guide than following crowds

[Amphenomenon]

My own be say, make we still put our eyes, ear and mind for ground because price fit grow two times more before Bull run come, more than the price dem speculate for bull run season, so that we fit profit well well.

What are you saying? Bitcoin is over $80000 right now, but if the price grow two time, that $160000. That means bitcoin have gotten to all time high. Then bull run will start when bitcoin gets to $160000?

If the price of bitcoin is increasing and not falling back but continue to increase and get to all time high, that is bull run.

This is not really bull run.
Hitting ATH doesn't necessarily mean we are in the bullish season but rather thd period whereby the buy and greed chart is on the rise and then price (since both affect price movements).
There are other replies related to this.

[Antotena]

My country people wey dey make things happen for this forum, I greet una plenty.
I dey hear about bull run and don read some mata wey concern am.
E talk say, Bull run na the time wey the Bitcoin wey I don gather for many years with small moni, go don grow to bring back plenty moni.

This idea come make plenty people mind focus only for this Bull run season as the main time dem fit sale their Bitcoin.

My own be say, make we still put our eyes, ear and mind for ground because price fit grow two times more before Bull run come, more than the price dem speculate for bull run season, so that we fit profit well well.

Bull run doesn't have number of performance Bitcoin will do, everything depend solidly on the hype that comes during the time and how people are willing to buy Bitcoin that time. All I can say is that reduce your expectations with bull run but expect something good. Why I'm telling you this is that Bitcoin is a long term investment and it's full of surprises but most often you get good side of surprises more often, instead of expecting, be optimistic about your bag.

While doing that, make sure that you also have something worth doing with security regarding your Bitcoin. It will not make sense to hold Bitcoin for long term only to lose it to hacker or another random person on the internet. Keep your private keys and seed phrase very safe. Try as much as possible to avoid anything on the internet that involves greed and be watchful of the exchanges that you use, better still avoid keeping your coins on any centralized exchanges.

[Female King]

A good increase in the price is essential for a bull run but what we need to know is that this price increment isn't just instant, you don't sleep on a price and wake up tomorrow to a higher price and say bitcoin is on a bull run, No instead a bull run happens when that increase in price happens continuously for a long period of time, there might be slight decreases here and there but usually not enough to matter since the changes are more in the upward direction, so No bitcoin doesn't have to hit a new ATH for it to be considered a bull run and the price definitely doesn't have to double.

[SmartGold01]

Realistically bull run is something most people have been waiting for and like now wey the market never too increase e give some people a beta chance to also accumulate more to their portfolio but wetin dey there be say na patient Una go get for the market to gradually add bodi. If una mind dey entirely for bull market but you neva get anytin for ur wallet una go still say make bear market come so that una for fit get anoda chance to accumulate more Bitcoin.

[Agbamoni]

E talk say, Bull run na the time wey the Bitcoin wey I don gather for many years with small moni, go don grow to bring back plenty moni.

Wrong definition of a bull run.

A bull run is a period where the price of Bitcoin keeps rising over a long period of time due to consistent buying from people who believe the price will go much higher. In a bull run, the value of your portfolio will increase by the percentage increase of Bitcoin from the price before it started. We wont see the level of bull run we saw 8 years ago repeat itself.

[Sammye3]

With this mindset, you would be utterly disappointed with bitcoin's price. Do you really see bitcoin going pass the $100k mark before bull run? And you're talking about bitcoin going times two it's current price before bull season? What do you really think the bull season is? Or how do you think it operates? With bitcoin's current price, times two it's price in a bull season is a good mark but before the bull season is complete misconception.