Get Positioned For The Next Bull Run

dfacademy(75)

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The cycles have shown us that after halving comes the bull run. It's a moment when money starts entering the cryptocurrency industry, and it's a time when new projects are developed to benefit from the market trend. During this period, anything can pump, meaning various assets have the potential to experience significant price increases. However, it's important to understand that not everyone will make money in the bull run. While some individuals can take advantage of the market conditions and profit, others may lose their hard-earned money in the market.

As they say, the rich are made in the bear market. It's how you position yourself at the moment that will reward you later. The projects worth your time and money are the ones constantly building in the bear market and making partnerships with other projects. One of the projects I have seen executing this is ReadON; the team is constantly building and making partnerships. Another project I can commend for continuous building is the Hive blockchain.

Let's take a look at the historical data of halvings to see how the markets react after each halving. The cryptocurrency markets depend on their mother, Bitcoin. BTC reached an all-time high of $1,133, 366 days after the first halving (Nov 28, 2012), with a return of 93x. The second halving was on July 9, 2016, and BTC reached an all-time high of $19,665 after 526 days, with a return of 29x. The last halving was on May 11, 2020, and BTC reached an all-time high of $69,045 after 548 days, with a return of 6x. The next (4th) halving will occur in April 2024. From the previous data, we can assume that the market rally will start after April 2024. We can even see the effect in the market right now. The best time to position yourself is now.

Halving Date	All-Time High	Days to Reach High	Return Ratio
Nov 28, 2012	$1,133	366	93x
July 9, 2016	$19,665	526	29x
May 11, 2020	$69,045	548	6x
Next halving (Apr 2024)	-	-	-

There are many projects out there that you can position yourself for, but most of them are retroactive, require funds, and are over-hype.

The project I will suggest for you is ReadON because they are constantly building and forming partnerships in the current bear market. They are also developing a great news aggregator and have a strong community. You don't need any funds to start interacting with the platform, and the team offers incentives for their active users and those who test their platform on the testnet. The $READ testnet tokens you earn from reaching different levels in the app and on the Content Hub will have value on the mainnet.

Don't be left out and join ReadON. You will find the app amazing. The GameFi incorporated with the app will make it more attractive while also discovering something new in the cryptocurrency markets.

My previous blogs on ReadON which are linked at the bottom of this blog contain all the information you might need to know about the app. If you are experiencing any difficulties with the app, please refer to the blogs mentioned below. Additionally, feel free to join the Discord and Telegram communities for assistance on the platform.

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