I've probably mentioned it too many times thus far but being newcomer in the crypto-stage like myself back in the early days of 2018 while the previous bull-run was in full effect, was probably a blessing and a curse, both at the same time.
You see when one's first impressions about crypto is that anything is possible and that a few weeks is all it takes to get rich / or financially independent if their timing is right, which is true, they start having great expectations from the projects they are involved into and quite often, big dreams too.
And then, just when you think that sooner or later those great expectations will be fulfilled, reality strikes hard, and you end up experiencing a really long and painful crypto winter, during which many lose their faith and quit trying, while others grab the opportunity and separate the wheat from the chaff.
So you realize that in order to become financially independent is far from easy. Besides if it was easy, everyone would do it, right? Yet how many of us fall into that category? Few, really few.
So you start educating yourself. You dig deeper and read between the lines to find all these little details that could turn a project into the next big thing...and you become a part of it, you invest your money, your time and efforts, hoping that when the new bull run is at your doorstep you'll be fully prepared this time.
Everyone has been waiting for this new bull run...
...and it could start at any given moment. So...define "bull run" plz...Gimme an idea what a bull run is to you.
- Is it when BTC starts crashing one ATH after another?
- Is it after BTC crashes its ATH and money start flowing into the alt projects you are invested in?
- Is it an opportunity to empty your bags and be left with no crypto holdings at all?
- Is it your shot to riches?
- Is it a mix of all the above?
No matter how many times I've discussed it with people on and off chain I keep getting different answers.
Just to let you know....
During the previous bull run, many of the projects you might be familiar with wasn't even born...
There was no BSV...nor YFI...nor SUSHI not even LEO and definitely not HIVE just to name a few.
Speaking of HIVE...
Hive is just 7 months old. We all assume that when the time comes it will probably perform like STEEM did in 2018, aka a beautiful 20x - 50x because that's what the 2018 bull run taught us. Right? And if it doesn't?
I'll tell you what a bull run is to me...
It's an opportunity to sell no more than 45% of the tokens I've accumulated for the past 3 years and remain invested into the projects that I believe that they have an even greater future in the years to come than a temporary massive rally. By no means...a big sell off or ending up being with completely empty bags and start from scratch.
Crypto will sooner or later rule the world...so you better have a say when the time comes...
Now I hope you let me know in the comment section below what will you do when the time comes.
There's a reason why we call it a bull run...and after every single one, prices returned to their "normal" levels...just a little bit higher every time.
Food for thought and...discussion.
Have a good one people...and stay safe.
Source
Cheers!