What do you think about the lessons we've learned from past bull runs? What's your plan for the next one? I'm excited to learn from all of you while I figure out my own strategy too.
DYOR
The lesson I learned from the previous bull run is that all the things that happened in the crypto market are only temporary, the bear market does not last forever and so as the bull market. They move in a cycle so better learn how that cycle starts and ends. Aside from that, there is no best strategy but hold. We all know that Bitcoin due to its finite supply and huge potential of global adoption, the price will just keep up-trending with several hiccups(temporary downtrends) along the way. Until Bitcoin reaches it pinnacle ( peak price) it is best to accumulate during the bear market, sell during the bull market then rinse and repeat.
Or simply does have that common cycle on which there's a bull cycle and bear cycle on which it is really just that right that you should really know on how to take advantage on the time that you are dealing with prices and able to make out whether buy or selling decisions. Yes, past market cycles did really give out that kind of learning which we would really be able to apply it onto the next one which it is really that a common approach. For those people who had been here on this market for a while would definitely be having the idea on how market behaves and how news and fundamentals do take a role in speaking about market movements.
Not all would really be still able to make themselves wary specially to those who are just recently be able to dive into this market. This is why it would really vary on certain individual since not all would really be that
able to learn up with those basic principles. Sounds pretty basic but this is something that you would really be missing out if you arent that mindful or doesnt know on how to adapt on things.
This is why you should act out fast basing up on what you are facing into.