I believe that the first phase, YES it was the first, of the bull cycle is done. This means that the SECOND phase will begin! The current price levels are in a zone where everything is still believable. But by the end of this phase prices will be absolutely and utterly in complete INSANITY.
EVERYONE who has been accumulating and HODLing their Bitcoins will be richer by the very end of the bull cycle. FASTEN YOUR SEAT BELTS AND BUY EVERY DIP AND HODL.
I totally agree with you and thanks for raising this thread. I think many people now appreciate the importance of HODLing because these past months have been the greatest eye opener to people especially those coming from the angle of trading for quick profits and those who felt that bitcoin is expensive hence decided to be seeking the next bitcoin to buy so they enjoy pumps in multiples of their investment. Now we know that bitcoin can be used to build wealth and it can also give those multiple profits because from 2023 till now, bitcoin have done over x4 which is massive 400% profits. If this is not a huge gain for investors, I don't know what to call it but as for me, this is enough profits already.
Once again, lets continue to buy every DIP the market presents because the future is looking so great for bitcoin because we are entering the year that history will be made in bitcoin and we also know that there will be so much uncertainties and volatility in the market. Therefore, preparations is important and the best of it is to buy more bitcoin and HODL.
Bitcoin's 4X growth since 2023 is definitely a good achievement for investors, but the future is much brighter. Bitcoin is becoming more valuable over time. The future success is going to be a big success, so we must always be ready to take advantage of every opportunity in the market.
There will always be small and big fluctuations in the market, but if you want to achieve big success in the long term, you must have a long-term holding mentality, and you must buy DCA. Because in this volatile market, we have to keep our minds calm, and buy regularly, then we will get the average price in the long term, from which we can benefit better.
So keep your mind calm, and hold for the long term, maintaining a stable mindset and holding DCA for the long term is the key to success.