Quote from: Lorence.xD on Today at 06:03:23 PM

Quote from: ChiBitCTy on Today at 05:51:49 PM

Quote from: Barikui1 on February 18, 2024, 10:16:54 PM

As the bull run is right around the corner, most of us newbies have heard about it, and even the experience crypto enthusiastic knows how and what always transpired during the bull run, but the sad reality is that not everyone will gain from it, so my question is that what measures have you put in place to be among the beneficiary of the bull run?

We should start asking ourselves question like, how far have we gone in our Bitcoin accumulating process? If the bull run comes this week, how much can we milk out from our current holdings? if we had any.

For procrastinators, It's high time you all start accumulating Bitcoin aggressively through the DCA method, so that you wouldn't be left out from such an amazing opportunity.

Well the reality is that there's really no such thing as an upcoming bull run. Now I do recognize the fact that another bitcoin halving is coming up which in the past has typically sparked a bit of a run up, but there's never any guarantee of this and I think it's a bit misleading to newbies to state it as such.

Main thing to keep in mind is bitcoin is inherently NOT an investment, rather a digital currency.

There is. Bullrun is a term being used in this industry and in layman's term it is a period wherein many investors are buying which creates high demand, making the market price increase. It might just be with the word "upcoming" because it is being anticipated rather than felt. But still it could still be given that there is an event involved which is halving. The process of bullrun is some sort of a domino effect. Big investors would anticipate and "buy" the idea of halving, which would uplift the demand as well as prices, then small investors will do the same thing, until it becomes a "wave" or a period that most of the tokens' market price are increasing.

Indeed Bitcoin is originally a digital currency but won't you take advantage of its feature which is volatility, if it would benefit you? Its market value is affected by demand which associates it to an asset or investment and there's really nothing wrong with that. There are still issues with global adoption of this industry anyway which is another barrier to why people aren't making use of Bitcoin and this technology in general as a mode of payment, therefore we cannot blame those people who are using it as an alternative investment as long as they are gaining profit from doing so.

Yeah I’m certainly aware of what a bull run means as a financial advisor, what I mean is there’s no such thing as an “upcoming” bull run. You can guess, but there’s no guarantee by any means.