Post
Topic
Board Bitcoin Discussion
Re: Lessons Taken from Previous Bull Markets: How Will Your Approach Change?
by
Dr.Bitcoin_Strange
on 24/08/2023, 23:31:24 UTC
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


Well, from the past bull run, if there is one experience I have seen a few bitcoiners share, it is selling all their coin when the bull market just kicked in. Some times, if the bull market starts and maybe Bitcoin gets to $80k, some investors will rush and sell all their assets, but after selling, the market keeps pushing forward, and they begin to regret why they sold so quickly. I think I have derived a selling strategy from such experience, which is that I will not sell all my assets at once when the price is becoming bullish; perhaps when I sell too, I will have to sell them bit by bit, so that if I sell at $80k and the price still keeps going high, I can still have more fractions of Bitcoin to sell at $100k, $110k or even far above. JMO. Roll Eyes