There are 4 phases of a bull market
We are nearing the end of Phase 2, the so-called run-up or early bull run.
In this thread, you'll discover how to:
· Navigate each phase of the bull market
· Maximize your gains
· Avoid the most common traps
Phase ①: Accumulation
This is where we used to be for quite a long time.
We have seen many scary events such as the Luna collapse, the FTX collapse, the Binance fud, and the USDT depegging.
However, it was during these times that the major players accumulated significant
Phase ②: The Run-up (early bull market)
This phase is marked by rising prices, leaving bears in disbelief.
Disbelief can be detrimental.
Bear market PTSD holds you back from making gains.
However, the sooner you find yourself in this phase, the more you should make risky
Phase ③: Distribution (peak bull market)
This is exactly when normies start flooding into the market.
This is exactly when even your grandma wants to buy ETH and stake it.
The funny thing is that people are entering phase 3 out of 4, but in their minds, they think they’re
Phase ④: The Run-down (decline)
What goes up must come down.
The bullish surge will hit its zenith, and speculation will arise — was that the real peak, or are we at the beginning of a prolonged "supercycle"?
People will tell you that this time is different and that we're all going to get rich.
Be wary of discussions about super cycles, Bitcoin lengthening theories, or dubious charts.
Remember, everyone is financially incentivized to keep the party going.
They need to keep the
Remember, there will be moments of glimmer and hope.
Bitcoin previously peaked in November 2021. Despite this, there was still activity with OHM forks, FTM/Solidly, and Luna.
And, once the price finally falls, the Capo will appear and say, “I told you so.”
✪ Why I'm not leaving and why I believe we'll see another great bull run
I've dedicated a significant portion of my life to my career in crypto.
I have the strongest belief in our space.
