Post
Topic
Board Bitcoin Discussion
Re: Lessons Taken from Previous Bull Markets: How Will Your Approach Change?
by
letteredhub
on 27/08/2023, 20:00:34 UTC

Looking Back: The past bull runs have been full of excitement and sometimes nerve-wracking moments. There's a bunch of stuff we can learn from those times. Remember the big runs in 2017 and 2021? And even the recent ups and downs? What did you take away from all of that? Maybe you realized how important it is to set clear goals for how much profit you want. Or maybe you saw that it's a good idea to spread out your investments and not jump into things just because others are. Let's talk about what we've figured out so that others can learn from us too.

Getting Ready for the Next Bull Run: If there's another big run coming up (we hope so!), it's a smart time to think about what you'll do differently. Are you planning to keep your investments for longer and not sell too soon? Or maybe you're thinking about taking some money out at certain points? Do you have a new way to handle risks in mind? Whether you're into looking at charts, doing research, or just keeping a cool head, lots of us would love to hear your thoughts.
The previous bull run's of 2017 and 2021 is an eye opener for some of us bitcoin holder that to every any ATH there's a corresponding fall that will follow afterwards,  so I don't plan on keeping my total investment  peradventure the bull run takes centre stage the plan is to take a certain amount of money out of the investment to other projects other than cryptocurrency. The end point was to make and take profit to diversify.