Quote from: kryptqnick on Today at 01:41:14 PM

Quote from: virasog on September 08, 2023, 03:20:33 AM

As you know bitcoin halving is a few months away (first quarter 2024) and then we may have bull season in 2024/2025. We are all excited about the bull season but no one prepares for it. People start buying Bitcoin and cryptocurrencies when the bull market is in progress and the prices are already high. Some even have the fear of missing out and buy at the top of the bull market. The result is that most people lose money in bull season too.

So in order to have maximum benefits in the bull market, you should have a plan and start executing it unless it is too late.

I have already accumulated bitcoin in my portfolio (70% of my portfolio is in bitcoin) which i will not sell until we are above the all time high again. Similarly, i have bought some major cap coins and a few others low cap too which i think will perform well in the bull season. I have been doing this for the last 3 to 4 months, buying some at every dump.

If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.

Also, to keep my bitcoin secure and to remain calm in times of dump, I have moved my bitcoins in cold storage so I never get tempted to sell on small profits like i won't be selling on 2x profit if bitcoin reaches 50,000$. My targets are clear and will sell in parts after bitcoin reaches new highs.

People do often buy when the price is suddenly getting higher, and then don't have the patience to wait for several more years for their mistake to become something more positive. So your plan, op, is very responsible. I don't believe that halving is responsible for the bull market, but I do believe we're likely to see the bull market around Q4 2024, so prepping ahead makes sense to me.
I wonder what you mean by it becoming the best bull season, though. Is it by market cap that Bitcoin gains, or is it by the multiplier of the price? Because if it's the latter, I don't think we'll see anything beyond 2-3x rise above the previous ATH this time, with or without institutional investors. As the market capitalization is getting bigger, Bitcoin is clearly growing slower in price.

From my experience, the bull market shows it's signs months after the halving. Actually, I'm expecting it to come months after this halving because I believe that it is the pattern that the market is following. So my personal plan is to collect as many crypto as I can in our current season to be ready for the bull market in 2024/2025.

I believe that massive adaptation can boost bitcoin growth with the help of institutional investors and also for it to hit at least 5x from it's ATH in the next bull market. The higher that bitcoin hits it's all time high is the harder for it to gain multiple of its amount.