Bull market comes and goes but some of us just choose to be lost in the plenty that comes with it. During the last bull market, many people choose not to take out profits because they thought the market will keep increasing but we have all seen that not the case which makes them regret that action but to me it just prepares them better for the next market.
I am very sure the next bull run will be exciting but people's expectations are very high because people just keep predicting ridiculous prices for their assets which I agree can happen. After all, this is crypto and anything can happen. We must not forget what happened in the last bull mark where everyone was targeting 100k but that did not happen.
One thing people don't normally do for the bull market is to build a strategy on how to take out a profit but we do this a lot in the bear market like dollar cost averaging but not for the bull market, and another problem is that we all focus on the huge profit and not how to tight down reasonable profit. We now keep waiting until we miss the opportunity presented to us.
We all have expectations but we must be realistic with them and we must also make plans that suit these expectations. My expectations for this next bull market are not much because I feel 80k btc is very possible and immediately BTC hit that price that is when I start taking out my profit gradually.
Conclusion
For those that don't take a profit the last time another opportunity is coming and it is better to start making plans now. Building a strategy on how to take out profit will help us during the bull to focus on reasonable profit and not price that might not happen.
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Thanks for your time.
