Funny How People Think We Wouldn't See Another Bull Run

avatar
(Edited)

As Humans how we think things are and how things should go really amazes me most of the time, during the bull run at the ending of 2020 when the bitcoin price pumped like crazy some people thought it will not end until it hit an all time at $64k in the month of April and then it dropped again as hard as it pumped, the same set of people thought the crash won't come to an end an that might be the end of Bitcoin because of the prolonged sideways movement around $28k, which some people predicted it will continue dropping to $10k level because that was where they were hoping to buy from.

Tutorial Youtube Thumbnail Make Money (26).png

But bitcoin did not get to $10k before the bull run in 2021 began, in July last year then it started pumping again many people thought the market will always continue to go up and not come back down again, and when we later had the huge correction which led to the bear market. the same set of people are already thinking we will never see another bull run due to the persistent dip or dump, which came after Bitcoin hit its all time at $69k in November last year, but that is just the market cycle for you, we will always have bull and bear markets, if you even followed what I wrote in my carefully you will notice that there was a bull run then bear run before another bull run came again, so most definitely we will see another bull run or bull season, it will only take time.

I think the problem is most people who think this bear market won't come to an end, don't understand the Bitcoin market structure and cycles, because if they do they would not be talking the way are talking right now, also feel they might have been buying the dip, dollar cost averaging (DCA) in the market which is a very good strategy, by the way, accumulation and all that shit but don't have the patience to wait for the market to reverse and playout, then the frustrating sitting down and watching their money lose value without any clear direction of when the market will pump, that's what is bring up the thought of there is not going be another bull run again.

The market is in cycles and just like the bull market has come and gone, this bear market will also go someday, it's time it will take. All you are required to do is keep accumulating as much as you can right now, so when the bull market comes eventually, you don't want to be caught unprepared. No matter how long it takes the bull run will surely come.

THANKS GUYS FOR READING MY POST.

PLEASE FOLLOW ME ON:
Discord: onwugbenuvictor#3447
Twitter: @VictorOnwugbenu



0
0
0.000
8 comments
avatar

I tried explaining this to someone who invested very little in a coin and he was like "Motivational speaker" 😂

It's so funny how people think all their investments should take only good turns forgetting that there must be risk involved for it to be called investment.

We're still waiting for the bull run but you'd be surprised to hear some people hoping it take a longer time so they could get more stakes on 🤞

Posted Using LeoFinance Beta

0
0
0.000
avatar

I have already prepared a lasso, darts, a red rag and everything that is inherent in bull games)

Posted Using LeoFinance Beta

0
0
0.000
avatar

Congratulations @onwugbenuvictor! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You published more than 550 posts.
Your next target is to reach 600 posts.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Check out the last post from @hivebuzz:

Hive Power Up Day - May 1st 2022
Hive Power Up Month - Feedback from April day 21
Support the HiveBuzz project. Vote for our proposal!
0
0
0.000
avatar

The small problem is that I don't have more money to invest, but I get your point. Keep holdingg!

0
0
0.000
avatar

Yes bro keep holding. I myself am tapped out but am not selling any of my coins

0
0
0.000