$The last quarter of 2023 has begun.
The 2021 bubble burst, tipping most projects at - 90-99% in 2022.
The growth in early 2023 is a reversal not of the market, but only of $BTC . Altcoins, on the other hand, rose, giving false hope, and continued to either fall or dabble in ranges.
What's at the end of 2023? Mostly depression and fear. Few people are trading, even fewer people are investing.
I'm not talking about the forced investors who are simply stuck in coins since 2021 and waiting to break even (this is what hodlers will call bullish in 2025 - the opportunity to break even). Most projects won't make it to the 2021 price peaks though.
So will there be a bull market in 2024-2025?
I think there will be. Simply because the market is cyclical.
- How prepared are you?
- What will you do to be part of the bull wave and take profits from the market?
- What trading strategy is right for you?
- What will you definitely not do this time around?
- What will be the sign of the beginning of a rising market?
- And, more importantly, what will be a sign of the end of the bull market?
- Which projects are potentially future leaders?
We have about six months to answer these questions for ourselves.
If we do, our chances of success will increase dramatically. Because most people will not even think about these questions. And they will buy #altcoins that have grown tens or hundreds of times with burning eyes.
I often ask myself these questions and try to choose strategies that I can definitely pull off - in terms of competencies, patience, discipline, and time.
Build your competitive advantage, time is getting short.
It's a good thing 2023 is coming to an end. May it at least dawn on the market.