At lot of people are already beginning to feel bullish, Bitcoin pulling 21 and 22k respectively has brought some bullish vibes and even if we don't know if these prices will hold, (pull backs will happen) feeling bullish is a motivation on its own to keep the money in the system rather than taking it out. We all know that bullish price makes people invest while bearish trends make them sell.
This psychology might seem abnormal, but this is the general feeling of the crypto market Because of the constant fear that a downward price might mean we could inevitably hit the bottom, where all prices might go to zero.
While this might never happen, people will never fail to envisage it because, because their hard-earned money is at stake. (Money determines a lot of things) As I said, bullish prices create the general feeling of positive investing. For example, anytime who bought hive at $0.28 is in profit at the moment, even if the profit is not life-changing.
one can take it, sell it at 38 cents, wait for a little pull back, then buy back and gradually grow the quantity of one's holding in preparation for the proper bull market. This is just one strategy. One thing is that growing one's quantity of stack, creates more potentiality for one during the bull market
One of the most important reasons to have maximum volume during the bull market is to have the opportunity to make money and still have enough funds to buy back that same quantity or more during the bear market. (This takes some proper strategies) This to me is the most important reason to have enough liquid before a bull market comes, but some people fail to prepare for this.
There's no scheme than having the right amount of liquid before a bull market. Although some people feel that the last ATH in the previous bull run would be multiplied X2 of the price in the next bull run. While this might happen for Bitcoin, I do not think it'll happen for all the altcoins.
For example, I've seen a prediction where a person here says that since the last ATH for hive was $3.4 and that logically, it's possible we could see a $7 ATH in the next bull run. To me, this is virtually impossible. The reason is that I still think $7 is miles ahead and 4$ in the next bull run would be massive progress and a more realistic actuality.
My point here is that we cannot make up for having a lesser quantity by predicting outrageous prices. At $2 some people would have already started taking profit, and this is because the profit you have at hand is better than the ATH you are not sure of. So before someone can begin to take profit at 2$, they'll have a certain figure which they hope to split.
Then they'll activate the sell mode when one certain price is achieved. I believe the next bull run will be iconic and this isn't to say we might see so many ATHs being shattered, the reason why we might not see previous ATHs being shattered is that I think the FTX saga has created a very big loop that would need extra two bull runs to properly correct.
So Instead of planning to see the previous ATH being doubled, create a plan that would enable you to have enough liquid, which you can split across several prices to take profit. As I said, if hive manages to beat its last ATH even if it's just by 50 cents alone, that would already be a massive success.
This isn't to say that we would not see a double of the last ATH my point is that making a plan on an unrealistic price that one is not certain of is risky. People should never make mistakes during the bull run, this is because they'll carry this regret through the bear market and eventually lose confidence in their ability to come up with the right strategy.
So instead of concentrating on ATHs, concentrate on having enough liquid. ATHs are not guaranteed, but having enough liquid mitigates this. The bull market is a precarious time, where sentiments are going to fly, this is why it's important to make solid plans before that time comes.
Interested in some more of my works?
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Some blogs are saying that the crypto market has already corrected itself from the FTX saga. I know we still have a long way to till we get to out initial bull run prices but I think I agree with them at least from what I have seen on the graph. The crypto market took the FTX hit around November if I remember correctly and Hive was around $0.4.
Of course we've seen corrections. But the aftermath of FTX still carries external consequences such as the SEC and new money coming in. Nevertheless, the 0.4 hive proves we're back to the pre FTX era. Nevertheless, we're still wary.
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Yeah, we'll just keep watching.
Many people are already feeling bullish and I think it won't take that long before the bull market sets in. There's also a possibility of a pull back like you mentioned on your post. Given the recent market signals, I think now is the best time to set up bull market strategies and having enough liquid funds is a main component of it. The strategy is not that difficult, sticking to it is the hard part. Market euphoria removes all logic from the equation lol.
Everyone is feeling bullish, but we're expecting the bull market to take some time before it happens. There's definitely going to be pullbacks because it's synonymous with bullish trends. Now is the time like you've said. I know people who are already coming up with strategies that might suit them. It's currently the best time to do so.
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Indeed! I think the pullbacks will be a prime opportunity to buy the dip before the rally begins
I have a big plan for the next bull run but I'm just hoping is as big as the previous one
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I think we might just manage to smash the previous ATH of hive, I am not sure how much, but I don't see anything above $4
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I very much agree. Trying to predict the top of a bull is a fools game, but having enough liquid capital to buy in at the bottoms is a strategy most people can employ. Thanks for sharing.
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Thank you for the comment, I believe there's no better way to profit from the bull market other than to have a very good strategy.. if not one might need be in the midst of plenty while still missing out on profits.
Perfectly said!
Majority is now feeling bullish and there's quite high volume and liquidity... New money coming from stock or other ways in crypto which is quite a Good sign to me.
I also don't think all Alt coin will make ATH but some with potential or focused on latest technology will do perform Good.
Setting unrealistic expectations costed me huge profits from last bull run... Won't make same mistake...
Indeed. It's true! As of now I'm applying this strategy of yours.
I also think not all altcoins will break their previous ATH in the next bull market,and as for hive, we might, at least $4 is still realizable to some extent.
Everyone needs a solid strategy.
Thanks for coming through.
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Hi @josediccus , I have never experienced this bull market oo, is it possible for hive to hit $4 by then? Well, whatever, I know there will be an increase in the value of hive far better than what I have seen before during the upcoming bull ...so the best thing remains to keep getting the liquid the much we can.
I am feeling bullish right now π
Loool I think if you were here when hive was 1$ then you've experienced bullish trends. But it's possible the bull market happen late this year or early next year, we cannot really say. Hahaha keep prepping, so it's possible hive hits $4.
I just registered in hive then
The whole place was still looking like a strange land ππ
I didn't even notice any bull neither did I take advantage of it... everything was like darkness to me
That's why I can't thank starstrings01 enough for accepting me into his newbies program...it was from there, I began to understand crypto system
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Haha I really hope we get to $4 in the next bull. But even if we donβt, I still would consider a $1 Hive bullish. In truth, what I really anticipate is us smashing the last $3 ATH again. That would be bullish as hell in my book.
Hahaha
Of course $1 is bullish, I will grab it with both hands. Lolz π
Let's anticipate for the bestπ
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We will definitely smash the previous ATH if you ask me, but I don't think we'll get to 6 or 7$ like some people are saying.
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A good point, I am not sure how I will have enough liquid to take advantage of the next ATH (or my target price even). It is a bit of a conundrum.
I think I am not sure too, that is why it's important to come up with the right strategy you know...
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I have a rough idea, but it is good to plan something concrete, you are right.
This post came coincidentally with my thought yesterday where I was thinking of having enough Hive liquid whereby I will be able to divide and sell part for each ATH so that I wonΒ΄t have to miss the opportunity while waiting for the great ATH. In crypto, if you must make it, you have to use your head if not, one might regret it.
I feel this present time should not end soon so I can gather enough liquid hive in preparation for the Bull run.
Well, there are no superior strategies I guess, in reality, I think that everyone must uniquely apply their own strategies to take advantage of the bull market, may we not miss out.
I pray so too π
Thank you.
Crypto markets are funny, all it takes for people to feel bullish is just a couple of weeks. I am still skeptical though. But Hive at 0.28$ was a great price. People were waiting for the prices to go as low as 0.10$. Not saying it can't happen but that looks a far fatched thing now.
Well this is the irony, a lot of people are waiting for the top as much as there are people waiting for the bottom.
We are in the bear and this is a great opportunity to make such plans that can bring nice profitability in the next bull run cycle. This looks really solid and all the best.
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Thank you, this period is the biggest opportunity, I think we might not even have enough time again
Your plan looks really solid and I hope that you make it a reality for the upcoming bull run. We don't know when it will come but we must be prepared.
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Thanks, I hope so too.
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Honestly, I also don't think we'll hit a ATH with the first bull run. People haven't recovered fully from the FTX saga and many still don't trust Crypto. However, it may take a while but we'll get there.
True, we need to prepare for the Bull market, and the only way we can do this is to have our liquid ready. πͺ
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It's probably one thing we have to consider. FTX impact was really big. Hopefully, we'll see how big the market has developed a mind of its own.
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This puts us into thinking mode and review how we are strategizing our moves in preparation for the next bull run. Come to think about it, it's true that having enough liquid of the asset which we are banking into is a good strategy.
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It all boils down to the fact that liquidity is king.
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That's right. Can't go wrong with that especially for assets like $HIVE
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Great a timely information
What's timely about the information?
For personal digest
very important
What is?
Your idear.
This is a great swing trade strategy, but knowing myself and how the market is just waiting for me to make the wrong move so it goes in the opposite direction, I wouldnβt even try it. Lol. If I sold to buyback in anticipation of a pullback, everyone else should be prepared for a pump, because whoever the market put on my back to watch doesnβt joke.
Just like DCAing in, the best bull profit-taking strategy will be to split your take profit across several prices to slowly DCA out. This way, you donβt miss on the potential higher profit but you still donβt get left out if the anticipated higher profits are not high at the top of the bull.
We really need to prepare for the bull with more liquid. This is one of the reasons why it pains me this really bad bear period didnβt last longer. I wanted to gather a lot more HIVE. But nonetheless, I gathered a bit, and even though bullish momentum is building, weβre still in the bear as a $0.4 is still cheap.
The best piece of advice here is seen below:
That is what am actually trying to do. It would be massively painful not to have that when the bull strikes. We felt the pain of this a bit elongated bear market. So the bull market should be a time to prepare for - with as much liquid as we can have. By then, expecting unrealistic prices would not be priority. The priority will then be the numbers on hold.
Thanks for another insightful post
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Thanks for coming through. I feel that liquid is king because enough of it will require one to have spread their assets across several prices in order to take profit. Having enough liquid as you've pointed out means more profit for as long as the bear market was going to last. I have been telling people that it's not really about ATH, it's about liquidity.
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Having liquidity and enough of it when the bull phase comes Hmmm this makes a lot of sense a lot of people do just the opposite and lose money.
Nice flow of thoughts @josediccus
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@josediccus
I agree that it is always vital to take profit during the bull market and keep that profit as cash / stables.
I think you can take this thought a step further and include your profits on defi.
It's tempting to reinvest all your profits from high APRs back into the liquidity pair, but this ignores this important axiom:
@shortsegments
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That's so correct, we have to have enough liquid so that we can take advantage of the bull market early than others.
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Great overview of things and nice plans for the future!
Actually don't understand when you use the term liquidity, but I do understand the segment, you titled
logic is not a thing when it comes to prediction
I do believe it is, because each time the market retraces itself in a bullish run, it always gets above the last high it made, although a $7 high is to far on the chart.
I have been thinking about the next bull run for quite some time. And tbh I am sort of positive it will happen sooner than later. But expecting it to happen in the next two or three months that is not sth I am so much positive about.
While talking about holding liquid this is sth that I am quite positive about. And I have been accumulating HIVE slowly. If this down market stays as it is or in this region as of today, I will probably get to hold some significant amount during the next bull run. Well that my few cents talking lol.
This is my greatest problem, selling high and buying low. But I do this when some crypto goes up a lot, I get half of the profit and let another half there to add up.