Quote from: jaberwock on May 16, 2024, 06:28:31 PM

Quote from: Yaunfitda on May 16, 2024, 11:06:06 AM

I don't see any difference though in the previous bull run. Yeah, maybe we hit a new all time high before the halving, but it doesn't mean that we won't be sitting a massive bull run after it. And if you look at previous bull run, it will take at least months before we can finally see some semblance of a bull run in the market. So I doubt that we will not see a new all time high for this bull cycle. It's just a matter of time, and we are not even a month from the halving itself to say that there will be no rise, it's too early. For others this could still be a period of accumulation and then see the price at the end of the year, we could be very well looking at 6 digit future, I reckon. It's that we really need to have a lot of patience in this market.

I do agree that we are going to do very well, it is not going to be all that complicated, people see that we are going to go up, and this means that we are going to probably see a lot of people thinking that they could make money from crypto if they are careful. This is of course not a simple thing, it will take a while before we could see it change.

This is why I believe that the best thing to do right now would be not caring about the results at all, don't look at it currently because it goes up and down, think about the long term future and you will feel more hopeful about it. A lot of people are considering the situation to be risky because they are not aware of the situation, but if all looked at the long term, they would all buy.

Yes, that's what I'm trying to say, don't make it hard for ourselves, sooner or later, we will have this kind of parabolic rise, meaning there will be months that we will see a big jump in prices and so everyone will be happy and then make a lot of money specially those who have been slowly accumulating overtime. We can look at the price from time to time. But let's practice not to panic every time there is a dip. Just remain relatively calm and then look at the price side. Or at least if the situation calms down and you didn't sell or panic, then that is a first step and then the next, you might not be affected at all and then learn how not to get nervous and just stay focus of your goal, to be a long term holder or at least wait till 2025.