Don't Hope For The Bull Run To Come Yet

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Avatar for Eirolfeam2
2 years ago

This article will probably blow some of the readers who get to read this blog but I just want to express my thoughts on this topic since I have been reading some comments hoping and wishing for the bull run to come again soon just like what happened last year during the bull run.

To be honest, I'm also one of those people who kept wishing and hoping for the bulls to be awake already after hibernating for quite some time now because who doesn't? I mean, who doesn't want to see the prices of our favorite cryptocurrency coins and tokens flying and reaching their all-time highs? Who doesn't want to feel rich again as if we can already afford to buy the things we have been wanting to buy because our crypto portfolio or bags are now reaching huge amounts of money?

But the more we wish and hope for the crypto market to go in our favor, the more it keeps disappointing us that instead of pumping, the prices of our coins and tokens keep dumping and dumping due to many unfortunate events surrounding the cryptocurrency world.

And we are left with huge disappointment and the only thing we can do now is to wait and hope for the best thing to come, and that is the next bull run or the next bull cycle.

But before you wish and hope for the bull run to come sooner, ask yourself these questions first. "Are you ready?"

Are you emotionally ready?

Assuming that the bull run will come next year, are you sure that you are emotionally ready for it? Are you sure that you have already mastered your emotions and that you can control your Greed when all you can see are the prices of the coins that keep pumping and setting new all-time highs? Are you sure that you will not experience the Fear Of Missing Out again where instead of unloading your bags and selling a portion of them to secure your profits, you go and keep buying at such high prices?

Are you mentally ready?

When the bull run is here, are you sure that you are already mentally ready? Do you already have an exit plan on what to do next when the bulls are already smashing the bears to give way to your favorite bags of coins to reach your desired prices? We all know that the bull run doesn't last long so it is important that we know what to do next once it comes. Should you keep holding your bags waiting for them to reach impossible prices or should you sell most of them so you have something to use to buy back again during the bear market?

Is your crypto portfolio ready?

Don't wish and hope for the bull run to come soon when your crypto portfolio is not even ready yet.

I mean, most of us have probably witnessed and experienced how the bull run can change your life and financial status for the better, especially when you have a lot of good crypto coin holdings. When BCH reached the price of $1,650 alone and you had 15 BCH at that time, you were already a Filipino Millionaire. What more if you had a lot of holdings?

So before you wish for the bulls to come out and be wild again, keep stacking those tiny satoshis that you can earn first, build your crypto portfolio, and keep holding on for dear life so that you will experience massive gains that will change your life positively.


I experienced becoming a Filipino Millionaire not just once but twice last year with my crypto holdings but I wasn't smart enough to do what I had to do because I wasn't emotionally and mentally ready for it.

It's probably the most expensive lesson I have learned last year so I want to make sure that I will apply the lessons I have learned so that I'll be ready and prepared for the upcoming bull run.

Cheers to building our crypto portfolio!

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Avatar for Eirolfeam2
2 years ago

Comments

The most common mistake of just HODLing even in the bull market :) We should take profits at least. And yeah, while it's still crypto-winter, we gotta work on our emotions so when the time comes, we will know what to do :)

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2 years ago

That's true. Everyone's screaming HOLD HOLD HOLD that we already forgot to book some profits to survive during the bear market. Lols! 😂

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2 years ago

Hope we really learn this lesson and put to heart so we won't repeat it next time :D

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2 years ago

I didn’t know much about bull and bear market. I just heared about them. But your article helped me. I agreed with you that crypto in a bull market can change anyone’s financial status.

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2 years ago

Yeah, that's why we should take advantage of the bear market to benefit from the bull market.

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2 years ago

That's why I am preparing to sell my tokens once the price goes up, also it's the best time right now to save more BCH since the possibility of pump might come true in 2023, still it's unpredictable but I'm sick of this bloody things and those companies who doesn't have concrete plan to last long their operations.

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2 years ago

Is your bags ready? If so, good for you. Just wait and be patient.

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2 years ago

Ako na kahit 1 bch man lang wala pa ding naho-hold. Aguyy. Gustuhin ko man pero walang ibang mapagkukunan kasi sa ngayon.

As for the topic, tama, huwag muna talaga. Hehe. Sa totoo lang, gusto ko din na tumaas siya pero kung pagbabaseha yung hold ko ngayon, mangyari sana'y hindi pa sa ngayon sis.

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2 years ago

Ako nga, wala ng hold eh. 😂 Sa true lang. Kaya dapat take advantage muna sa bear market para paldo paldo na pag bull run na ulit.

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2 years ago

Kaya maganda ipon ng ipon langga kasi pag mangyari yung bull run magiging malaki yung ipon mo, o yung hold mo.

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2 years ago

Yes po, kaya mag-ipon muna tayong lahat bago mag-wish na sana mag-bull run na. 😂

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2 years ago

Oo langga true. Ipon muna.

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2 years ago

We guess you have more than 15BCH last year kaya naggain ng ganoon ang iyong stocks. Hindi man naibenta, yong lesson on how to do it next time will surely soar you high. Did you predict that BCH will run bully around 2025?

I guess 2023 will be one of the best year then onwards for everyone lalo na sa crypto, babawi tayo after lockdown and viruses...

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2 years ago

I wasn't only holding BCH. Lols! 😂 Of course, lesson learned. Anyone can predict but only time can tell. Let's just hope for the best.

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2 years ago

Grabe madami pala🤭. We hoped and it's best!

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2 years ago