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Author Topic: Are you ready for the Bitcoin bull market? What's your plan? Some ideas for you  (Read 4016 times)

Offline dekafee79

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I have definitely prepared since before this bitcoin halving in 2024, it is never possible to prepare for a long term investment in a short period of time. I mainly try to invest in Bitcoin using DCA method, only DCA method is best for new investors and those who want to invest with small amount of money. I have been investing in Bitcoin since the end of 2023, often investing in Bitcoin for close to a year. And I will continue this investment for a long time I have seen huge dividends on my investment and my investment portfolio has grown a lot.
Your decision to collect bitcoins using the DCA method is a very smart choice, so far not many people have been able to do that. You also have to record all the bitcoin purchase transactions you have made so far because this will help you determine what percentage of profit you want.
DCA is the best way for those of us who don't have a lot of money to invest in crypto. because we can own assets by buying them in stages. but this does not apply to whales who have large amounts of money. Our business of owning crypto assets with DCA is quite good if we start doing it during the bearish season, and sell it when it is bullish.
There are some people who like DCA, because they can buy coins in stages. By trading, joining bounties and airdrops, they get rewards to buy Bitcoin or potentially other coins in stages. This is a good method and even better if it is done long before the price of bitcoin is high.

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Online milewilda

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I have definitely prepared since before this bitcoin halving in 2024, it is never possible to prepare for a long term investment in a short period of time. I mainly try to invest in Bitcoin using DCA method, only DCA method is best for new investors and those who want to invest with small amount of money. I have been investing in Bitcoin since the end of 2023, often investing in Bitcoin for close to a year. And I will continue this investment for a long time I have seen huge dividends on my investment and my investment portfolio has grown a lot.
Your decision to collect bitcoins using the DCA method is a very smart choice, so far not many people have been able to do that. You also have to record all the bitcoin purchase transactions you have made so far because this will help you determine what percentage of profit you want.
DCA is the best way for those of us who don't have a lot of money to invest in crypto. because we can own assets by buying them in stages. but this does not apply to whales who have large amounts of money. Our business of owning crypto assets with DCA is quite good if we start doing it during the bearish season, and sell it when it is bullish.
There are some people who like DCA, because they can buy coins in stages. By trading, joining bounties and airdrops, they get rewards to buy Bitcoin or potentially other coins in stages. This is a good method and even better if it is done long before the price of bitcoin is high.
If you do have the funds or the money then you would really be definitely be considering on taking up some DCA but of course not all would really be thinking up but rather they would really be diversifying their portfolio as much as possible on which they do know that they cant be able to make up some good profits if they would really be just that focusing on Bitcoin and this is why
they would really be having that kind of approach on making their choices on other altcoins or even other memes or shitcoins out there with low caps because they are really that
considering or really that interested about on the multiplier that it gives.

Offline legend45

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If you do have the funds or the money then you would really be definitely be considering on taking up some DCA but of course not all would really be thinking up but rather they would really be diversifying their portfolio as much as possible on which they do know that they cant be able to make up some good profits if they would really be just that focusing on Bitcoin and this is why
they would really be having that kind of approach on making their choices on other altcoins or even other memes or shitcoins out there with low caps because they are really that
considering or really that interested about on the multiplier that it gives.
Diversification is always the right step to increase opportunities for profit. Bitcoin is a safe coin for investment, but remember altcoins are coins that will bring greater profits if you choose the right and potential coins. Do analysis before buying so that we don't suffer losses.
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Offline vegasus

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  • Don't try to find All time high, you can not predict it correctly and you will only know ATH of a cycle after you are already in a bear market.
This really taught me and reminded me of the experience of the past in the previous bullrun. And it's true, if our goal is to wait and reach ATH, this will be very risky. In fact, it turns out that because we are so greedy to achieve more and more ATH, without realizing it, suddenly the market has dropped very quickly towards bearish. and this is what I experienced in the previous bullrun. This hurts, doesn't it> Because I even thought that BTC would really reach at least $80k, but that hasn't happened. and various other altcoins too, are very slow to take profits, and in the end really regret it. This really gave me a lot of lessons. and I can't do this anymore now. It's better to set some price targets so that we can already make a profit of some percentage.

Offline TopT3ns

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If you do have the funds or the money then you would really be definitely be considering on taking up some DCA but of course not all would really be thinking up but rather they would really be diversifying their portfolio as much as possible on which they do know that they cant be able to make up some good profits if they would really be just that focusing on Bitcoin and this is why
they would really be having that kind of approach on making their choices on other altcoins or even other memes or shitcoins out there with low caps because they are really that
considering or really that interested about on the multiplier that it gives.
Diversification is always the right step to increase opportunities for profit. Bitcoin is a safe coin for investment, but remember altcoins are coins that will bring greater profits if you choose the right and potential coins. Do analysis before buying so that we don't suffer losses.
Do you think Bitcoin can't provide big enough profits too? maybe you can see the development of bitcoin prices from 2010 until now in 2024, in 14 years the price of bitcoin has experienced a very high price increase, imagine if you still had bitcoin from 2010 and you sold it this year, would you still consider bitcoin have no chance of making a sizable profit.

Offline Gurujebs

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Do you think Bitcoin can't provide big enough profits too? maybe you can see the development of bitcoin prices from 2010 until now in 2024, in 14 years the price of bitcoin has experienced a very high price increase, imagine if you still had bitcoin from 2010 and you sold it this year, would you still consider bitcoin have no chance of making a sizable profit.

The only way Bitcoin can produce enough profit is subjective and that's when you invest heavily because right now, what Bitcoin can give you is only little return on investment, maybe in a good condition you will get 5x, don't compare 2010 and 2024, those times you are talking about, Bitcoin price was still small and affordable. I mean that time, $1k dollar investment in Bitcoin then can give you atleast 3 btc but you can't do that right now. You need thousands of dollars to invest in Bitcoin and I can tell you that only 1 out 10 people that are having interest on Bitcoin can actually but a whole Bitcoin.
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Offline UNIVERSE

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There are some people who like DCA, because they can buy coins in stages. By trading, joining bounties and airdrops, they get rewards to buy Bitcoin or potentially other coins in stages. This is a good method and even better if it is done long before the price of bitcoin is high.
People who plan buying gradually, they may choose DCA. I think it is a good way for the people who have limited funds. But if you have big funds, you can buy many Bitcoin at once. Yes, people who join signature campaign or do bounties, can buy Bitcoin gradually. We have no much money, so DCA can be a good idea.

Diversification is always the right step to increase opportunities for profit. Bitcoin is a safe coin for investment, but remember altcoins are coins that will bring greater profits if you choose the right and potential coins. Do analysis before buying so that we don't suffer losses.
Diversification is okay, it raises the chance to take profits and minimizes the risks. However, not everyone wants to diversify their assets. Some people may invest their funds on Bitcoin or Ethereum only. But other people may invest in varied crypto coins. It may depend on the style of individual investment.


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Offline enwi

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There are some people who like DCA, because they can buy coins in stages. By trading, joining bounties and airdrops, they get rewards to buy Bitcoin or potentially other coins in stages. This is a good method and even better if it is done long before the price of bitcoin is high.
People who plan buying gradually, they may choose DCA. I think it is a good way for the people who have limited funds. But if you have big funds, you can buy many Bitcoin at once. Yes, people who join signature campaign or do bounties, can buy Bitcoin gradually. We have no much money, so DCA can be a good idea.

Diversification is always the right step to increase opportunities for profit. Bitcoin is a safe coin for investment, but remember altcoins are coins that will bring greater profits if you choose the right and potential coins. Do analysis before buying so that we don't suffer losses.
Diversification is okay, it raises the chance to take profits and minimizes the risks. However, not everyone wants to diversify their assets. Some people may invest their funds on Bitcoin or Ethereum only. But other people may invest in varied crypto coins. It may depend on the style of individual investment.
Exactly, by buying in stages we will be able to get a lot of profit because without us realizing it, the bitcoin assets we own have grown by a very large amount. Of course, we have to be able to record all the transactions we make in the market so that we don't make the wrong decision about what price we want to sell at.

Offline MUGNIA

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Interestingly, as someone who doesn't really care about "this" bull run, it will pass by very quickly and without much excitement for me to be fair. What I mean by that is the fact that even if it becomes 150k, which is more the three times the price of it right now, nearly four times the price, I would not sell. So when you are not someone who really does anything, like you just stand and do nothing, time passes very quickly compared to people who actually does something. Because I am not waiting for something, whereas they are waiting and when you are waiting, time goes a lot slower. So I will just live through this time easily.

That's right, when it was still at the bottom, many people didn't care about adding loads to get to the bull run and after BTC rose quickly and was even about to reach the top, people who didn't care were just starting to get interested and when they targeted profits, BTC was already in a bearish period,

Offline Wiwo

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The thing is that, who needs an all-time high when you are already at a gain, I have never pictured what an all-time high could mean and this is because bitcoin is a limitless asset that is to say, the price of bitcoin is practically impossible to predict accurately so anywhere that I know that my asset is already at a significant gain, that he my all-time high.

I don't allow my greed to take over my emotions or control my outward understanding to the extent of pushing me not to take a position when I need d to take it to save my investment and achieve profits
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Offline Captain Corporate

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There is really no other need than just holding, that would be more than enough. Just keep on holding as much as you can, and you will make a good profit. If you are looking for some "extra" ways, then you are adding extra risks, which there is no need to do that. I personally just keep it safe, and keep accumulating whenever I can, which is more than enough. Bull is definitely coming, I am sure of it, and I think by end of this year and start of next year we are going to see it do very well. What we need to do right now is just to make sure that we can hold until that period so we wouldn't regret selling.

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We have been anticipating a bull market in Bitcoin for a long time that will rise to all-time highs. Though each of Bitcoin's all-time highs is history for that. However, the upcoming bullish market may have different expectations. A bull market in Bitcoin can be extremely powerful due to the influence of Bitcoin ETF and Halving. Although the preparation is not completed as per my hope but I am trying so that I can earn a big return at that moment. I am doing DCA regularly. If the market takes longer than expected to turn bullish then my DCA will allow me to accumulate more which will assure me more profits in a bull market.

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There are some people who like DCA, because they can buy coins in stages. By trading, joining bounties and airdrops, they get rewards to buy Bitcoin or potentially other coins in stages. This is a good method and even better if it is done long before the price of bitcoin is high.

You are right people invest on Bitcoin through so many ways but in the case of hoping to invest on Bitcoin through bounty money is something I wouldn't advise someone to rely on because with the way I'm looking at it i think bounty and Airdrops has difficult chances of getting money from it but however just like you said most people who are very knowledgeable in trading normally use most of the profit they made from there trading to invest on Bitcoin.

DCA is a strategy that would forever be cherished because it has been very helpful to so many people especially those that started investing on Bitcoin without having any good knowledge of it on how they can accumulate more better, so actually those that were consistent on the Bitcoin accumulation when the price was dip will certainly stand a good chance to gain more.

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I do not like airdrops at all, I feel like the yare useless, but I do agree that investing long term and holding are great methods of making money in the crypto world. If we could keep this going for a while, then I am sure that we are going to get there too. Its just that its too obvious for us to make that kind of money if we hold, but its also so hard to keep holding as well. Life isn't as easy as "just keep holding it until it peaks" sometimes stuff happens and you end up selling it. All in all, do not look all kinds of ways to make money, I would suggest just investing and trading would be more than enough.

 

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