Are we going to have the start of the bull run in December?

avatar

image.png

Hi,

today, after a very long time, some friends asked me about crypto, again. Las time he did it, was at the start of the bull market. The reason that he asked me, was the same as last time, he feels that crypto will grow starting this December.

Well, I told him, that I don't know. No one can predict it, economic cycles can't be predicted and every time, they are different. He made some good profit last time, as he went in, bough some meme coins and sold them near the peak. He is targeting the same strategy this time. He might be right, but I will not follow it, even if the history might repeat.

If the new bull market starts, that is going to be very good for all, will probably run almost the same strategy, to accumulate and hold. I said almost, as I will take profit this time. Have another project running, which needs some fuel for scaling up, so this would be a good reason to take some profits.

Else, building up and hopefully leave it to my son, when he is mature enough to handle it. I like to have simple plans, not too many complications with unrealistic scenarios in, that by the slight change of environment, get nullified. Like politics might try to control or size crypto. The best thing would be conserving it, hide it, and chase better times.

But now, let's see if the bull market is coming. Beside this blockchain, I accumulate the classics, BTC and since the last year ETH. Might get into some others, and use the shotgun method, with buying 10 tokens at a time, like a crypto ETF.

And with the profits, will definitely not buy a lambo, even if I love cars and find Lamborghini a beauty, especially the old Countach - LP 112. Like said, as long as most basic needs are covered, as we have money to buy new shoes, or some new books, than it is fine, else goes for investment and growth, as opulence does not bring happiness.

This is my view on things, my friend above, bought a new Audi Q8 RS, just to show off, not for the pleasure of driving it. He spends most of the profit he makes, where this is his business.

So yes, I hope we have a new bull run, sooner than later, but I can't say and predict anything about it, and probably nobody can.

Posted Using InLeo Alpha



0
0
0.000
5 comments
avatar

The market is so fragile now, compared to other bull markets we have had. If might start in December, I thought it already started, but who knows...

0
0
0.000
avatar

Economy in general is fragile all over the world for now...let's see how it plays out.

0
0
0.000
avatar

Wait until the janitor is asking about crypto 😀

The bull market has started for BTC in January, now we're seeing quite a few alts coming to life as well.

0
0
0.000
avatar

Well, that will happen for sure, and for the next bear market again some will lose a lot of money.

0
0
0.000