Amidst the ongoing speculation surrounding the surging prices of major cryptocurrencies and altcoins, Ran Nuener, a prominent venture capitalist, urges his large online audience to adopt a more measured approach. He suggests to view the situation as a marathon rather than a sprint.
“The winners are those that win at the end. Those that run too fast at the start will get REKT!” Neuner stated.
Investors Should Approach Crypto Bull Run with Caution
In a recent X (formerly Twitter) post, Neuner advised his 736,400 followers against hastily entering the crypto market as prices continue to experience an upward trend across the board.
“Treat this bull market like a marathon (42km). We have done about 10km already, there are 32km left.”
He declares “there are 32km of opportunities ahead of us,” to his following. Furthermore, he reminds them that they don’t need to catch every trade or have to time every trade perfectly.
“Most people will get REKT before the end because they rush to make their fortunes!”
Crypto Bull Run May Be ‘Biggest’ of All Time, According to Analyst
On November 14, Bitcoin reached $37,000, its highest point in 18 months. It was noted that the increase came amid growing optimism that US regulators will soon approve a spot Bitcoin exchange-traded fund (ETF), which one analyst says could lead to the next bull run.
However, cryptocurrency analyst el_crypto_prof suggested on X that Bitcoin is on the cusp of “the biggest bull run of all time.”
The analyst said that BTC recently flashed a rare buy signal, last seen eight years ago.