Some of us have been here for years at this point. Remember when this page was half this size? Yeah, because it wasn't long ago. This part of the cycle can seem like playing little league outfield; boring until someone hits the ball to you. We've probably mostly forgotten what it's like to be in a bull run and have that FOMO that makes you put more money in than your original plan was.
Well right now does not give that FOMO feeling, but maybe it should; Its the most boring part of the cycle, but also one of the last chances and most important parts to really set yourself up for big returns. Historically, when BTC climbs out of the bear market and crests above the gaussian channel, it stays stagnant, building market structure for months. That what's been happening. We see volatility go way down, lulling us to sleep. Its easy to get complacent and give yourself way more time than there actually is to accumulate. It's now been trading at these levels for months on end, and could trade at this level for months more... but it also might not.
BTC could absolutely begin to slowly push up soon. Talk to someone who's been here for multiple cycles and we usually say the same thing; "I wish I could have put more in before the bull run". And this cycle will have more people involved than any cycle in history. People are buying McDonalds with BTC, we are tipping with it in certain subs, it's becoming legal tender and big institutions are creating on-ramps. Its nothing like 2017 or 2021.
I'm not saying its now or never, or that people are underinvested. I'm saying that you don't want to be one of the ones who gets lulled to sleep from this boring price action and then isn't positioned as well as you would have liked when BTC starts to climb. Because when it starts to climb, there is a good chance we will never see BTC in the $20-30k range ever again. I am personally seeing this as a few of the last weeks or months to buy at these prices. GL everyone! Future of this space is blindingly bright
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments