It has been a long wait for this season of the bull market to happen because it is being lead by the halving of the Bitcoin supply which happens every four years. It means that for the rest of the other years in-between Bitcoin "halvening" we get to experience as time and time again, depressing crypto prices after the peak of the bull market happened. In hindsight it is an excellent "system" of price general action for the reason that investors are always given the opportunity to "catch the train" because prices gets to reach cheaper prices about two or more years after the peak of the prices for Bitcoin in particular happened.
I am always emphasizing the price of Bitcoin because the power of altcoin valuation depends on it as we can see in the current influence of BTC among almost all Altcoins. Those that hold Altcoins tend to buy more of them after they had profited from Bitcoin and they can maximize profiting from buying Altcoins buy buying them later after the bull run of BTC had finished as I already mentioned. You can already learn on what I am trying to convey here and it is the best long-term strategy for us to make profits by "zooming-out" and looking at the general price action to which we can have a clue on where we could position our buys and sells for a sure ball profit without stressing ourselves about checking prices every single day and gluing our eyes on the screen. It gives us more relaxation and peace of mind as if we had casted a net in the ocean and then coming back to reel in the fishes caught within our nets.
Casting a trap for fish by the way gives us more assurance that we can get more fishes with less effort compared to using line, hook, and sinker because we tend to get more relaxed in the process and at the same time catch more fishes compare to using hook, line, and sinker which just stresses us out with a chance of not catching anything at all in the first or some of our tries and if we compare it to "losing a catch" in cryptos can be fatal even with a single fail. That is just my personal example about making good use of general and long-term price action of cryptocurrencies that we can employ so that with just a few trades, we can surely profit at the end of the cycle and do it all over again and this needs patience.
Right now the prices of Altcoins are cheaper and the price of Bitcoin is high and it is a perfect moment to buy in considering that Bitcoin is in the bullish phase and will continue to gain more value in the coming months. It will mean that if you have a disposable BTC funds, you can sell Bitcoin for Altcoins and reach double or more of the current price of BTC that you used to buy your cheap altcoin and it is equivalent of selling BTC when it reaches its top price value for its current cycle. This kind of technique that I am referring to is better used for an Altcoins that gives you interest while holding it or staking it because you are able to earn while waiting for that moment when its price reaches the point that you can double or more of the money you invested on it.
The said technique will also allow you to buy more of it later after the bull run ends because I am personally more than sure that cheaper prices will come again and then when that happens, you can just imagine how far have you've been in achieving financial freedom particularly if you first of all have the means to invest which if you do, then dreams becomes a reality. My key points here is that prices are so cheap right now and we still have the great opportunity to buy in, always position your buys and sells within the long-term prospective to assure yourself a sure profit, disposable Bitcoin can be used to double your money/altcoins that earns interests to give you more passive income, then finally we can still see more positive Bitcoin price in the last quarter of this year and into next year.
Disclaimer: Please do your own research (DYOR) before involving yourself in the volatile nature of cryptocurrencies to avoid potential financial loss. All of my statements here should not be taken as facts, they are for entertainment purposes only, you have been warned.
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