The Bull Market Expectations : Are You Prepared?
The bull market is almost here, are you prepared for it? Can you remember how the bull market felt like? I remember vividly how it felt like because it was one of the nicest feelings I have ever had in the crypto space, but at that time I was still new and learning how the crypto space works. During the Bull market, the crypto space is usually flooded with a lot of liquidity, almost all the tokens and coins in the crypto space gain value during this time. If you are active in the crypto space, you will notice that similar experience is resurfacing in the crypto space. I am currently looking back at my past bull market experience and mistakes and trying to correct them now so I can utilize it.
First of all, to prepare for this bull market you have to have liquidity, because without liquidity, how would you utilize the market. You need liquidity to invest and trade these coins. During the bear market, most coins and tokens have gone down by more than 95%, this means that if you decide to buy them now, with the potential of them hitting their previous all time high, you will make a lot of profit. For instance, buying a token whose all time high was at $16 but during the bear market fell down to $0.1 or $0.05 price, if you invest $100 at $0.1 you will have $16,000 during the Bull market when the price gets back to its $16 price. That’s how insane people make money in the bull market.
While you are expecting to make insane profit from the bull market, it’s advisable to also remember to take profit, because we have a lot of people who held a coin when it 100X and also held when it went down from 100X to -99%, and they sold. They didn’t take profit and it felt like a wasted effort, which is one of the most painful experience of the bull market. Take your profit, so you don’t regret later. Look for coins that have utility and must have done great in the past, nice community and is currently undervalued or under traded, these are the coins that whales come to play around with during the bull market. Those coins can effortlessly give you 100X Silently without making too much noise on social media.
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