Don't miss this comfort of the bull run in the season of selling somehow

in beblurt •  11 months ago 

The point of investing in cryptos is to solve our needs if not giving us what we want. There is only a short time frame in this cycle that we can do that.

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We are now in the starting months of this upcoming Bitcoin bull run which happens months before the Bitcoin halving event and about more than a year of still getting high prices for altcoins. I cannot imagine how the new price of Bitcoin will turn out to be this time around but it supposed to get better compared to the last one. That and what will be its potential bottom price after two years of the halving is interesting to see as well, will it touch the sub-2oK again or will the bottom price will be 3oK this time around, we really cannot tell. Now, with this cycle as we all can see, the prices of tokens are improving here and there and it will only take for Bitcoin to reach its previous highs before the altcoins begins to fully run just like before with their own specific pumps in the middle of this pump action season lead by Bitcoin.

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Time flies so fast and here we go again with our anticipation of profiting from the cryptocurrencies that we painstakingly gather over four years or so.

Whatever I do now or later for my accumulated coins, well I am still on the green because I managed to collect some cryptos for free and if not, I bought with less money. Basically I am just playing with house money which are the profits which I am re-investing to make more money. It feels surreal to even see myself doing that because I really started from nothing with regards to what I own now. Now it had grown because of the impact of Bitcoin's fundamentals which in turn really gives energy for altcoins. So regardless that I lost some money along the way. I am just thinking that my losses are not really losses but is just a normal learning curve part of my journey because after all, I am still in the green and using profits to make more profits and because of that I can never be thankful enough for what I got now considering that I am a person with no skills, didn't completed college, and never was employed all my life. Also cannot do anything much with big money like travelling here and there, going to vacations, resorts, buying car, buying properties because of what my physical body had ended-up now. I am indeed not fit anymore for enjoying those things and now is left with just managing my health and giving me a sense of financial security at least.

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It will depend upon you on how you utilize your profits and when. We all have different goals in mind whether it would be a life-altering ambition to pursue or just enough to sustain our lives to make it easier for us to live.

What I like about having money is having security. Being not worry about getting emergency money is truly I was not expecting before but because of the mercy of God for me and my family, we were freed from worrying so much about money, well at least for this moment that my pockets are still relevant and I just pray that I will not find myself bankrupt or it will be the end of me and that is for sure. But it was indeed a great relief for me in not having to worry for sustaining my needs considering that I didn't finished schooling, land into any type of regular career, and being an almost bed-ridden although I am always lying on my back all the time and yet I am not broke to say the least. It is a multi-directional blessing not for only myself but also to my family because they had felt a deep sigh of relief knowing that I am not dependent on them anymore nor anyone in this world regarding finances thanks be to God.

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Pursuing this particular form of happiness for getting some financial security is one of my great achievements in my life.

All of that because of cryptocurrencies, if not for cryptos, well I can say that I already exited this world a long time ago and serving as a fertilizer to the cemetery grass. However, being a religious individual like what I am still trying to be, I will say that it is because of the divine intervention that happened to me because it takes a miracle indeed for me to reach this status of a winner in my own right. However in totality of what happened to me, I am far from enjoying my life because obviously I am struggling in this life even before I was born. What I have been through cannot be compared because it had lasted for so many years already. How can you ever feel better even if you have some money if you are living with your blood steeped with toxins all the time, particularly with the type of quality of dialysis which I am getting? No way that I can appreciate life except feeling the love of God and my family for me. Because of what I had gone through, I feel that I never belonged in this world as all people now view me very differently. Also, the fact that I will not be getting a kidney transplant plus the impossibility of restoring my physical body are something that makes me feel sad and frustrated considering that we can only live once on this world.

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Sometimes money cannot do the impossible things that we want to happen, so it doesn't really solve everything.

Anyway, regarding the bull run of almost anything in crypto, I already stated that the price action will not continuously go up because the main mover of the prices is Bitcoin's own cycle of boom and bust. It creates this big cup pattern where the two high points within the cup (or bowl) are the cycles of leading to and from the all-time highs. Between those two points are the time of the omnipresent bear markets or accumulation stage where crypto prices had come down to either their bottom prices or something bad happened. It is the time where you can reinvest your profit money or part of your profit to make you stay in the game and profit once the bull run starts again.

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Looking at the charts will give us a clue on when to do things with our cryptos and because of that, the past history tends to rhyme to the next event in the long term perspective so we can act accordingly and gives us the great possibility of winning.

Because of that, it can help us sustain our profits between bitcoin halving without consuming most of our principal or original investment amount. The thing is that it is a very long cycle to wait between Bitcoin halving but if we look unto it and analyze, we are just selling at a higher price, using our profits for our needs and interests, and then rebuying at the bear market. It is the safest way to profit. What many people does is that they often chase a mooning cryptocurrency and being caught at the top which can only lead to losses because of human emotions and not really thinking about what we are doing and the damage is more brutal really if the particular coin is not decentralized, so when the owner of that crypto pulls the rug, your money is lost.

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Our own emotions ruins our strategy on how we can get the maximum profit because we are watching the wrong videos, rumors, and lies of so-called influencers and not trusting our own researched analysis to come-up with a solid plan to basically profit. But all it takes is to just buy low and sell high for major cryptos in the market particularly buying Bitcoin.

Investing in cryptocurrency is very hard for many people to do because most of the time they have no money to spare or not willing to use their money fearing that they will loose money, and for a good reason because nothing is certain in this world as BTC can also crash due to a very catastrophic event like world war 3, life-ending huge asteroid banging on earth, etc. The only lucky ones are those that got into the game early plus those that are brave enough to buy at cheaper prices too. However, as I already said, the opportunity always comes back in crypto (if you have capital to spare) to buy at cheaper prices so that with just a relatively short waiting time, you can be able to realize your profits for the sole reason that prices oscillates up and down on a regular basis. At these current moments, the signal to sell is blaring loudly which is why in the coming year leading to the Bitcoin halving, the cryptocurrency enthusiasts will be partying again and what a bull year it will be, it even started already!

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It will be another crypto party in the making, maybe I will grill some sausages this time around.


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  ·  11 months ago  ·  

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  ·  11 months ago  ·  

Thank you @beblurt I appreciate all your support.