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People start buying Bitcoin and cryptocurrencies when a bull market is underway and prices are already high. Some are even afraid of missing out and buy at the peak of the bull market. As a result most people also lose money in the bull season.
Basically, that's the problem. Because when the bitcoin market is bullish, it cannot be denied that there will always be people who experience losses. Because when the market is bullish, there we will all be competing and rushing to sell the bitcoin assets we own. Because if it is too late, the price of bitcoin will definitely decline again, because this is caused by many bitcoin investors selling their bitcoin assets.
Apart from that, when the bitcoin market is experiencing bullishness. At that time, the mentality of bitcoin investors will definitely be tested. Especially for bitcoin investors who no longer have bitcoin assets. It is certain that the hearts and minds of these people will be restless, because these people will be very tempted when they see the high increase in Bitcoin prices. Maybe some people who no longer have bitcoin assets will dare to buy bitcoin when market prices are bullish. And as a result, there are bound to be those who experience profits, and there are also those who experience losses. So in conclusion, don't waste time now. Because as long as the price of bitcoin is not too high, it's best to buy as much as possible.
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.
Fortunately, I personally have prepared a plan to welcome the bitcoin halving or bull market. By buying bitcoin last year. So now I just need to wait for the bitcoin halving and bull run market to arrive. So you could say I've calmed down now and would probably add more bitcoin, if I had cold hard cash.