After The Bull Market What Next?
Most crypto investors are eager to experience another bull market after witnessing it trend for a long time and the reason behind the aim is the joy and benefit the market gives that makes the cryptocurrency Investments more enjoyable. Experiencing the bull market is a beautiful thing especially when making more effort to invest towards it.
Cryptocurrency Investments is really challenging especially during the bear market because it generates different feelings from we humans to either think positive or negative about the market. We have the mindset towards cryptocurrency that it Investments requires a rightful strategy to maintain one's stay with it but it becomes more discouraging when the prices gets deep the more.
We want to enjoy cryptocurrency likewise ensuring we benefit from the Investments but we also need to have this long term Investment to invest because this is not a market that gives quick response to profits but a market that requires patience for long term Investments. Individuals in cryptocurrency or probably investors have a goal and this is to utilize the Crypto market during the bull run.
What next after the bull market
The strategy behind cryptocurrency Investments is to invest during the bear market which is a best time to do so but we should also know that the bear market isn't easy to utilize but Profitable during the time. When we invest towards the bull market, our aim is to acquire enough profits from the invest made when the bull comes around but it is left for we to decide if we want to capitalize on the whole profits or we have other plans towards the bull.
Cryptocurrency price can pump higher than we expect and we really don't have a specific price to aim for but we just wish for the market to pump higher. Presently the price of Bitcoin trends or fluctuate around $29k which is quite low but as an investor, the hope of seeing it pump higher is in most people's mindset so it is not discouraging but an opportunity to buy or invest more.
There is hope that the market will boom more than that but what is our plans when this aim eventually comes to pass, are we going to withdraw all our investment in cryptocurrency when the bull market comes around or we still have to keep the investment for a better bull run to occur.
The market is under probability to depend on because we aren't sure how it price is going to pump neither are we sure how long it will trend but we just believe that cryptocurrency can progress so there is limited thought to doubt about the market progress or trend. If our aim is to make profits during the bull market, we should also have a mindset that it won't trend for long and we should be prepared at all cost to capitalize on the market and the opportunity involve.
This is how the Crypto trend is going to be which is experiencing the bear market and then the bull market and the only way to enjoy one's stay here is to understand both market strategy for future Investments. There is a believe that cryptocurrency Investments will really go a long way which we aren't sure when this will happen but in other not to miss any opportunity, we just have to capitalize on any market trend for our own benefit.
Understanding both market strategy is only for our own good to invest and even if the market experiences the bull run we still have to capitalize on that as well and still have the mindset to keep Investing because cryptocurrency Investments is not stable and we need not regret any action if we want to invest for a very long time.
Great post @emeka4.
I think we shouldn't neglect the preparation towards the bull market, because the amount we've invested solely determines what we get as profit.
After the bull market strictly requires discipline and proper planning, because we might end up lossing our profits if no proper plan is on ground.
Some people don't look towards that part their mindset is already focused on the profit that they intend to benefit and if we really don't have the mindset to utilize the bull as well, it will become a problem to maintain a longer time with cryptocurrency.
Click on the badge to view your board.
Thank you to our sponsors. Please consider supporting them.
Check out our last posts:
Click on the badge to view your board.
Thank you to our sponsors. Please consider supporting them.
Check out our last posts:
Click on the badge to view your board.
Thank you to our sponsors. Please consider supporting them.
Check out our last posts: