I found below posts are with good thoughts and may deserve merits.
1. Explained very well about each year in 4 year cycle of bitcoin:
one year is bull year one year is bear year or something ? and the fourth year is also bearish ?
These are just assumptions based on previous halving events and the subsequent years.
But, the year just after the halving event was mostly dominated by bulls (2013, 2017 and 2021).
After the bull's year, the next year was full of bears dominated (2014, 2018 and not sure about 2022 yet).
The third year after the halving has usually sideways markets (2015 and 2019).
The fourth year is known for recovering up to ATH (2016 and 2020).
Halving do happens in this recovering year but bitcoin market has not reacted to halving immediately as mostly bulls get into action along with a new year.
There will be no guarantee for same types of events to happen on every four years. But, we can expect bulls to dominate for prolong time than how it did in previous cycles due to lesser supply and more hype. It means we may have 2 year long bulls domination on this current cycle.
2. I get the point of why BTC is not ponzi here and why people do always suggest to go long term with BTC:
Moving from the era of Real estate to stocks to metals to oil blocks and now digital assets we would agree those who made it big in all this investment options were those who had the patience to hold.
From the history only ponzis are profitable in short holding and all other real potential based opportunities are proven to provide big returns in long term holding hence digital assets cannot be an exception here. If you find any opportunity is profitable in long run then that must be categorized as legit and at the same time if short time profiting opportunities which are providing realistic returns like 2% to 10% then that also might be legit.
If you can't develop the hold attitude then the best option is to do a physical business
If you cannot remain patience enough then you cannot be a successful investor. Investing is the simplest way to enable your money to make money for you as you cannot keep earning till your end of days.
3. I understood that DAI is misguiding us about decentralization after this post:
I reckon the best time to begin your plan for the bear market is to do it during the bull market. I want to hold American dollars or a dollar equivalent when the bear market arrives, however, I do not feel safe holding centralized stablecoins like USDT, USDC or BUSD. What are the decentralized stablecoins can everyone of you recommend?
I guess there is no purely decentralized stablecoin is available in the market. The only stablecoin which is being called as decentralized is DAI but I am not ready to accept its decentralization. Because, in my opinion a decentralized thing should not be controlled and should be able to mine but this way I am not ready to accept DAI is decentralized one. Moreover, in some sense, a stablecoin cannot be a decentralized one.
I remember someone conducted a naming contest in our services board for a mineable (POS algorithm) stablecoin but I am not sure about its launch and any other details.
I am also in plan to sell 1 BTC by end of this year and to hold fiats to buy back BTC by end of 2022. I am a fully KYC cleared user in my local exchange hence I may sell my BTC for fiats and I guess my local exchange will keep functioning without any hacking/bankruptcy problems.