Four Stages of the Crypto Bull Market: We Are Before the Dawn of the Bull Market
There are 4 phases to the cryptocurrency bull market and we are at the end of phase one. This article will tell you how to take advantage of market cycles so you don't miss out on an opportunity to build generational wealth.
How to seize the opportunity? You need to do three things:
Navigating the Bull Market Stages
profit maximization
Avoid the most common pitfalls.
The first stage: accumulation stage
This is where we have been for the past year. The market bottomed out after the Terra crash, FTX collapse, and the USDC decoupling scare.
What’s clear is that the worst is over (unless something big happens to Binance/Tether).
I said before that I would buy back in 1-3 months. I might buy a little more Bitcoin B before Trump's speech on the 27th to speed up the buying operation. The rise is a bit strange - retail investors are waiting for Mentougou, while institutions seem to have been buying. Maybe there is an insider. If there is bad news about Mentougou before the 27th on the working day next week, I will buy more BTC at once
In the next few years, BTC will be the best investment in the B circle. Everyone knows that it is stable, and the long-term returns may not be too bad. The other 99% of VC new B are death traps and will maintain a downward trend in the next few years. All the pull-ups are for shipments. Believe this common sense!
There are still 6 days before Trump's speech on the 27th. It would be great if there is news from Mentougou in these 6 days. If BTC can return to around 50,000, I may increase my BTC position to 40%. In fact, I have a feeling now that 99% of the essence of Shanzhai B will maintain a downward trend in the next few years. So if you want to make a steady return on investment, the best strategy is BTC + big B, such as ETH and SOL, and the latter two are leveraged BTC. The volatility will be greater, the return and risk will be higher, and it may be more suitable for a smaller position. And the other B types are all for exchanging back to BTC at the appropriate time.
Selling pressure gathers, market crashes like anger, The chain loses money.
Looking west, hesitant. Where the sad rune passes, How many characters have turned into soil. For cattle, leeks are bitter; for bears, leeks are bitter.
How to avoid FOMO? First, don’t think you are missing out on the next 100x gold dog when you see a currency that is rising. In fact, 99% of them are not. Second, don’t think that if you don’t buy it now, it will continue to rise. There is a 90% chance that it will fall below the current price you see. So, what should you do if you really miss a big gold dog? Just wait for the next one. My first purchase of $PEPE was at around 0.0(8)7. Soon after I bought it, the price fell to 0.0(8)5, so I bought a second one. You know, gold dogs always reverse to pick you up.
Does encryption still have a future? Since the birth of cryptocurrency, many tracks have emerged: Defi, NFT, inscriptions, LSD, privacy, Did, cross-chain, metaverse, etc. Every new concept that emerges can detonate the market. However, each time this heat lasts for a very short time. The market's love of new things and dislike of old things makes limited funds flow between different tracks. Only a new track or a new concept can detonate the market; and when a new track or a new concept appears, the original track will be silent. Encryption seems to be caught in an infinite loop. It seems that opportunities are everywhere, but every opportunity may turn into a trap at any time.
This afternoon, except for TON, all other positions have been closed to wait for data. Now that the data has been released, the CPI data is bullish and the unemployment data is bearish, but the market shows a trend of breaking upward, so our orders can be bolder. This weekend will surely be very relaxing and enjoyable. It is advisable to control the position at around 20%, not too heavy. There will be no important data released in the next few days, so you can trade with peace of mind. ONDO can also be lightly invested at the current price, and RWA has always been my favorite. OM is not considered to enter the market for the time being because the current price is not suitable, and it is necessary to wait for the price to fall back or break through and stabilize. Intraday copycat order plan $TON: Place an order near 7.15. The take profit target is set at around 8, and the stop loss is set at 7. $KAS: Place an order near 0.168. The take profit is around 0.2, and the stop loss is at 0.16. $ETHFI: Place an order near 2.2. The take profit target is around 2.6, and the stop loss is 2. $PEPE: Place an order between 0.0094 and 0.0096. The take profit is 0.01, and the stop loss is 0.0092. $BNB: Place an order between 522 and 531. The take profit is 556, and the stop loss is 520.
Life needs to have initiative. You can attack when you advance and defend when you retreat. The same is true for cryptocurrency trading. You can buy when the price drops and sell when the price rises. Regardless of profit or loss, cryptocurrency trading should be happy.
Otherwise, leave as soon as possible.
As Buffett said: "I go to work every day tap dancing."
We have always had the tradition of "doing things first, being a man first", and the same should be true for cryptocurrency trading. Be a good man and trade good coins. Make friends with good people and associate with good targets. Most good people like win-win situations, at least they will not build their own interests on the losses of others. Those currencies that only know how to make money and never care about market value and reputation are not worth our attention and purchase.
Good people will not follow the trend of the times, understand the truth that "helping others must help when there is no need", and will not chase the good coins that are sought after by everyone at high prices. Good people are willing to make friends with heroes in distress and buy currencies that can make a comeback.
Good people often understand: If you want to get something in return, you must learn to give first, but you should not ask for anything in return, or you will not ask others to give back immediately. So I have enough patience.
A friend of mine recently told me that it is too difficult to run a physical business and that it is too difficult to recover the funds. She said she wanted to find a way into the cryptocurrency circle. To be honest, I envy her. I can only say that time is really important. If you enter the market at this point, you will win.
May you have a peaceful and fruitful journey in the cryptocurrency world. Whether it is a bull market or a bear market, you can remain optimistic and calm and move forward courageously to achieve fruitful results. In this place full of opportunities and challenges, I hope you can seize the opportunities, meet the challenges and succeed. I hope you can meet like-minded partners on the road to the cryptocurrency world and work together to grow together.
If you are a newbie who has just entered the circle, pay attention to the following points to make you feel much more comfortable in the cryptocurrency circle. 1. Do not blindly chase inflation. When you see the price of the currency rising, you can't wait to chase it. The result is that you haven't eaten a bite of meat yet. You are still deeply trapped at a high position. 2. If you can't stand the market fluctuations, you will sell at a loss. If there is a little fluctuation, you feel like you will lose a lot. Then you sell at a loss and leave. This is a typical example of not being able to hold on. The premise is to hold strong (if it is too weak, you can stop loss) 3. Don't try contracts easily, especially high leverage and high multiples. Once you open Pandora's key, it may be difficult for you to turn back. It is very important to develop your own trading system. Learn more and complain less!
A friend asked what coin to buy if the bull market returns in July and August We also talked about this today. I will share a few opinions, which do not constitute investment advice. 1/ ETH will rise first. Affected by the approval of ETF (definitely) and inflow, it may return to 4,000 or even higher; 1b/ SOL will still have potential, and there are also potential expectations for SOL ETF; 2/ After ETH has risen, it will be the turn of the altcoin to rise. Don’t rush to hold a large position in the altcoin. The thickness and liquidity of the altcoin are insufficient; 3/ You can look at DeFi and infrastructure, such as Aave, Makerdao, and Uni, which have experienced several rounds of bull and bear markets 4/ The price of OP has returned to the beginning of the bull market in December last year, and VC coins represented by WLD will continue to unlock. Restaking has come to an end, and Pendle TVL has dropped sharply. Whether it can return to the previous high remains to be considered 5/ Many altcoins do not necessarily have to be pulled up. When buying altcoins, think about whether they can outperform ETH 6/ After a sharp drop back to the same starting line, it is still necessary to find a leader in the track with a fast rebound. Try to be as representative as possible, or listed on bn lp, and avoid frequent buying high and selling low, waiting for happiness to knock on the door.
In the current market, if you don't stop loss, just wait for the contract to return to zero. You can't make money if you don't resist the order.
So it becomes a cycle of opening an order to stop loss, opening an order to stop loss, and then opening an order and then stopping loss. It's simply hellish.
Every morning, the Asian session starts to smash from 6 o'clock to 13 o'clock, and the US session starts to collect and pull up at 16 o'clock in the afternoon. It's really hell mode.
The dealer's operation is an art. Bullish news requires storytelling, and crashing the market also requires storytelling. The method used by the dealer to crash the market this time is obviously different from 312 and 519. In essence, it is because the story this time is not exciting enough, there is no big thunder, and the story can only be used as an auxiliary:
- The US government sells coins, the German government sells coins - Menkougou compensation
Without a moving story, it cannot be smashed in one day, but it will give others the opportunity to pick up chips at a low price. It has to fall slowly. Look carefully at the K-line after June 7. The cottage fell so smoothly without any rebound, which is very unreasonable.
In essence, the dealer used time + space this time, and then used the story as an auxiliary to complete a 312.
However, no matter how things change, they will not deviate from the essence. Crashing the market is not for shipping, but for collecting chips at a cheaper price. If you don't have a basic understanding of "crashing the market", it is easy to panic, sell at a loss, and fall before dawn.
There are serious divergences in the market now, with both bulls and bears in disagreement. I personally believe that the market will slowly recover amid the divergence until FOMO begins again.
As the market has come to this point, one possibility is that the effectiveness of the traditional 4-year cycle and traditional narrative will decrease. Various targets with memes or no value support will be put to a huge test. If the market adjusts for a little longer, it will be a test of life and death for these targets. All investments may have to return to the essence of value investment: real application scenarios, real users, and real returns!
It is a stupid thing to quit the circle at this time. A big wave is on the way. The violent bull market will start after this wave of decline and sideways movement. It is a good thing that more and more people are silent. But it has not reached the bottom yet.
Why did Bitcoin plummet? Can BTC still reach $100,000 in 2024? The market conditions in the past two days have indeed exceeded many people's expectations. Under more extreme market conditions, technical indicators seem to be temporarily invalid. In the past week, BTC has directly fallen from about $64,000 to about $54,000, a drop of about 16%, which is also relatively rare. Moreover, according to the Fear and Greed Index, the current value of the Fear and Greed Index is 26. It seems that the market conditions in the past two days have indeed caused panic among many people. But when others start to suffer losses and choose to give up, it means that you should consider entering the market. If you still believe that this round of bull market is still there, then the 47,000-56,000 range may be the last entry opportunity for you in this cycle. In short, from the overall situation, this volatility may continue until the end of the third quarter of this year, and the market may usher in a new direction in September and October. Therefore, patience is the key, continue to ignore short-term fluctuations, and learn to make friends with cycles.